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Florida Qualified Target Industry Tax Refund (QTI)

Florida Department of Economic Opportunity / Enterprise Florida (DEO)FL-QTIRefreshed 12 days ago
Do I qualify?
Who can apply

Businesses, Gov entities

Government-funded

Max funding

$2.0M

per applicant

Type

Grant

Cash award, application-based

Deadline

Rolling

No fixed cutoff

Timing

Rolling

Or check for open cycles

Complexity

Moderate

Standard state application

About This Program

Cash tax refunds for Florida businesses in high-value targeted industries creating at least 10 net new full-time jobs at 115% of average wage. Refund of $3,000–$6,000 per job for 7 years, with higher amounts for jobs in rural areas, R&D, and cleantech sectors.

Key Requirements & Eligibility

  • 1Minimum 10 net new full-time jobs
  • 2Wages must be at least 115% of area average annual wage
  • 3Must operate in a QTI-eligible industry: financial services, IT, life sciences, aviation, cleantech, etc.
  • 4Refund: $3,000–$6,000/job/year for up to 7 years
  • 5Local government must provide 20% match; apply before project begins

Do I qualify?

Answer the questions below for a rules-based self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.

0 of 5 answered

1.Minimum 10 net new full-time jobs

2.Wages must be at least 115% of area average annual wage

3.Must operate in a QTI-eligible industry: financial services, IT, life sciences, aviation, cleantech, etc.

4.Refund: $3,000–$6,000/job/year for up to 7 years

5.Local government must provide 20% match; apply before project begins

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