Economic development is a term generally applied to the expansion of a community’s property and sales tax base or the expansion of the number of jobs through office, retail, and industrial development. Escambia County's stepped up efforts promote the quality of our workforce, our high quality of living and our competitive cost of doing business with the tag line "Escambia County, Florida: A Perfect Climate for Everything."
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In a recent meeting with members of the Greater Pensacola Chamber of Commerce, Navy Federal CEO Cutler Dawson shared information about his company’s future growth and plans for developing the 240-
The Escambia County Land Purchase Incentive Program allows Escambia County to discount property prices for economic development projects that locate in county-owned commerce parks.
The following criteria are applied as a basis for determining land purchase incentives for qualifying businesses in the form of discounts to the purchase price of certain county-owned industrial property:
The Escambia County Cash Incentive Program establishes an Economic Development Incentive Fund to provide grant monies to qualified businesses in order to defray costs incurred as a result of relocation or expansion.
The following criteria are considered in awarding grants from the economic development incentive fund:
This incentive program provides for refunding development fees and property taxes on existing structures, as well as the ability to provide a direct grant to eligible companies. Grants and refunds range between $1,000 and $5,000 per new job created and are dependent on the number of new jobs generated, wage rate and investment. Fees are refunded over a five-year period. Note: This is a refund program; the amount refunded cannot exceed the amount of fees and taxes paid to Escambia County.