%20copy.png){kind=spacer}
Florida Small Business Incentives:
Starting a business can be challenging, especially for first-time entrepreneurs. Fortunately, Florida offers several incentives to help new businesses get off the ground. These incentives can take many forms, including grants, tax credits, and low-interest loans. Here are some of the incentives available to first-time entrepreneurs in Florida:
Florida Micro-finance Guarantee Program
The Florida Microfinance Guarantee Program is a loan guarantee program designed to help entrepreneurs obtain financing from lenders. The program guarantees up to 50% of the loan amount, up to a maximum of $250,000. This guarantee can help reduce the risk for lenders and make it easier for entrepreneurs to obtain financing.
Florida Development Finance Corporation (FDFC) Bond Program
The FDFC Bond Program provides tax-exempt bond financing to eligible small businesses in Florida. The program can be used for a wide range of expenses, including capital investments, equipment purchases, and real estate development. The bonds are issued by the FDFC and sold to investors, which allows small businesses to access financing at lower interest rates.
Qualified Target Industry (QTI) Tax Refund Program
The QTI Tax Refund Program provides tax refunds to businesses that create high-wage jobs in targeted industries. To be eligible for the program, businesses must create a minimum of 10 new jobs with an average annual wage of at least 115% of the state or local average wage. The program can provide refunds of up to $3,000 per job created.
Small Business Development Center (SBDC) Network
The SBDC Network provides free one-on-one consulting services to small business owners and entrepreneurs. The network has over 40 centers across the state of Florida, and its services include business planning, marketing, financial analysis, and more.
Enterprise Florida
Enterprise Florida is a public-private partnership that works to promote economic development and job creation in the state. The organization offers several incentives to businesses, including export assistance, trade missions, and training grants.
Discover similar content and expand your knowledge.
Puerto Rico Small Business Incentives
In conclusion, Puerto Rico offers several incentives to help first-time entrepreneurs start and grow their businesses. If you're considering starting a business in Puerto Rico, be sure to research all of your options and speak with our trusted business professional to find the right incentives for your needs.
Puerto Rico Real Estate Incentives
In conclusion, Puerto Rico offers several incentives that can help make homeownership more affordable for first-time buyers. If you're considering purchasing a home in Puerto Rico, be sure to research all of your options and speak with our trusted real estate professional to find the right incentives for your needs.
.png){kind=small}