Economic Development Incentives

Press Enter to show all options, press Tab go to next option

The Economic Development Office provides assistance with the following:

Qualified Target Industry Program (QTI)- A State of Florida program which the City of Sanford partners with Seminole County to provide the local match for the QTI award.

Seminole County Jobs Growth Incentive (JGI)- A Seminole County program which the City partners in to fund the JGI award.

City of Sanford Utility Tax Incentive- A City of Sanford program for major electric power consumers engaged in manufacturing which provides a rebate of 75% of the City's utility tax  on power.

Florida Sales Tax Exemption on Electric and Steam- A State of Florida program which allows for rebate of state sales tax on electric and steam used in the manufacturing process for certain qualified industries.

Florida Machinery and Equipment Sales Tax Exemption- A State of Florida program which allows for the exemption of sales tax on machinery and equipment purchased by new and expanding businesses.

Florida Brownfield Redevelopment Bonus Refund- A state of Florida program that is intended to encourage redevelopment and job creation in designated brownfield areas.  The City currently has three brownfield areas- 1-Downtown Waterfront  Area; 2- Historic Goldsboro Avenue; 3- US 17-92 Corridor.