Incentive Programs

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Business Growth Incentives

Listed below are a variety of federal, state and local incentives aimed at target industry relocation and expansion, workforce training, infrastructure incentives, and special opportunity incentives.

The City of Clearwater Economic Development team is prepared to discuss the following programs available and guide you through the application process. Contact Us today to learn more.

Economic Development Job Creation Tax Refunds, Credits and Grants

Click here to learn about the following Economic Development job creation tax refunds and grants available.

Capital Investment Tax Credit

Qualified Target Industry Tax Refund Program

The High Impact Business Performance Incentive Grant

Workforce Training Grants

FloridaFlex, powered by CareerSource Florida, serves as a one-stop recruiting, hiring and training solution for newly relocated and existing Florida businesses, helping them strengthen their workforce and competitive edge. The FloridaFlex suite of tools includes Quick Response Training, a customized grant program to help cover training costs for new hires, and Incumbent Worker Training, a flexible grant program to assist small businesses with employee skills upgrades. FloridaFlex has built a proven track record of helping companies create new high-wage jobs, improve profitability, and upgrade current employees’ skills while empowering thousands of Florida residents to enhance their earning opportunities and quality of life. To learn more visit FloridaFlex

Property Tax Exemptions 

City of Clearwater Economic Development Ad Valorem Tax Exemption (ED AVTE)

Provides an economic development incentive for businesses that locate or expand within the City of Clearwater and create jobs. Exemptions available for qualifying businesses. Click here to learn more.

Sales Tax Exemptions

The State of Florida has numerous sales tax exemptions. Below is a sample of a few. For more information contact your tax professional, contact the Florida Department of Revenue at 850-488-6387 or visit the Florida Department of Revenue's website

Aviation Tax Exemption

Electricity and Steam Tax Exemption

Machinery and Equipment Tax Exemption

Semiconductor, Defense and Space Technology Tax Exemption

Space Industry Sales Tax Exemption

Special Opportunity Incentives

Click here to explore the below special opportunity incentives.

Opportunity Zone

New Market Tax Credit 

Brownfield Redevelopment Bonus

Facade Loan-to-Grant Program

Community Redevelopment Agency Programs

Federal Contract Programs