Exclusive Incentives

Rapid Response Team

Businesses that qualify receive expedited review of all county-related services. The EDC collaborates with key county staff to help keep your project on schedule through ongoing communication, including meetings where all the key players are at the table and to help streamline the regulatory process for your project, while you focus on your business. If you don’t think it’s possible for government and the private sector to work together, move quickly, and reduce your carrying costs, prepare to be pleasantly surprised.

Economic Development Incentive Grant

This incentive is available to qualified applicants creating new high-wage job opportunities, with exceptionally high wages and capital investment, either by expanding an existing business in Manatee County or by bringing a new business to the county. This incentive is customized per business based on the number of jobs created, the average annual wage and is paid based on performance over five years.

Transportation Impact Fee Incentive

This incentive provides relief for road impact fees to expanding, new, or relocating businesses that create at least five quality jobs at or above 115 percent of the Manatee County average annual wage. The jobs created must be those which are established by Enterprise Florida’s Qualified Targeted Industry Tax Refund Program or a local targeted industry. The amount of the incentive is based on the square footage of the construction, the use of the building, transportation impact fees assessed, and the average annual wage of the company. It is paid when the company completes construction activities and applies for the Certificate of Occupancy.

Economic Development Ad Valorem Tax Exemption Incentive

Economic Development Ad Valorem Tax Exemption (EDATE) may be available to qualified new or existing businesses wishing to locate or expand in Manatee County. An application for EDATE may be submitted by the company requesting an exemption by February 1 of the year exemption is proposed to take effect. The application is reviewed by the County Administrator or his designee; the Property Appraiser’s office; and scheduled for public hearing before the Manatee County Board of County Commissioners (Board) for final consideration. Factors to be considered include number of current and projected employees, average wage of employees and amount of capital investment in Manatee County. Other factors to be considered are commitment to local procurement, net positive contribution to local economy, sales factor and innovative business. A scoring matrix is utilized to determine the amount of taxes to be exempt. To achieve the higher scores, there must be over 75 employees and a capital investment in excess of $15 million. An exemption may be granted or refused at the sole discretion of the Board.

OTHER INCENTIVES & ACCESS TO CAPITAL

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