The Capital Investment Tax Credit is a valuable tool for capital intensive industries considering a Florida location. Eligible projects are corporate headquarter facilities or projects in designated high-impact portions of the following sectors: clean energy, biomedical technology, financial services, information technology, silicon technology or transportation equipment manufacturing.

Projects must create a minimum of 100 jobs and invest at least $25 million in eligible capital costs. The level of capital investment and projected corporate income tax liability for the 20 year period following the commencement of operations determines the amount of the annual credit.

For additional information on the CITC program, other available incentives and/or assistance in indentifying sites, contact Gregory J. Weiner, Senior Director, Business Development at 1.800.535.0203 or by email at gweiner@SpaceCoastEDC.org.

Incentives, programs and tax benefits are available subject to qualification according to the enabling legislation, or administrative guidelines, as may be applicable. Inclusion is for information purposes and does not constitute an offer.