Thrive Here
Florida has a great climate for business and Sarasota County is an ideal place to locate and grow.
Choose Sarasota County
It all comes down to choosing the right local community. Because this isn’t just where you work. It’s where you live. And it’s where you’ll be recruiting new employees and clients to work with you.
Please contact our team for more information regarding the following programs.
Incentives to Solve 3 Key Problems
- Time
- Cost
- Uncertainty
Contact our team to see how we can help you thrive in Sarasota County.
Rapid Permitting
SMART expedited review is for building projects within Sarasota County. Priority processing for site and development is 10 working days and building permits is 20 working days. Available to relocating and expanding companies in targeted industry sectors.
Ad Valorem Tax Exemption
Qualifying businesses can receive a property tax exemption of up to 100% for up to 10 years, on new real and tangible personal property. The business must meet the definition of a New Business or of an Expansion, create 10 new full-time jobs during the first 2 years of the Exemption, with an annual average wage for the new full-time jobs of at least 115% of the Metropolitan Statistical Area (“MSA”) for every year of the exemption period. Requires a capital investment in the Sarasota County facility of at least One Million Dollars ($1,000,000) during the first 2 years.
Mobility Fee Mitigation
This program allows the County to alleviate up to 100% of the project’s mobility fees. The program aims to foster economic development through off-setting fees for attraction and expansion of certain industries while preserving funding for transportation facilities. Project must fall within the industries identified by Enterprise Florida or County Resolution as Qualified Targeted Industries and creates a minimum of 10 new jobs having an average wage equal to or exceeding the average annual wage of the MSA.
Workforce Training and Hiring Incentives
CareerSource Suncoast, the local workforce development agency, offers a variety of training assistance and financial incentives for businesses located in Sarasota County including Customized Training, Incumbent Worker Training, On-The-Job and Quick Response Programs.
Special Meeting Incentive
Visit Sarasota County is pleased to partner with the EDC of Sarasota County to offer a special meeting cash incentive for targeted industries holding a conference or meeting in Sarasota County. The incentive is specifically designed to introduce first-time and re-introduce infrequent conferences/meetings to Sarasota County. Choose an incentive option based on the needs of your group. The Incentive amount distributed is based on the highest peak room night produced up to $3,750 in incentives, PLUS, industries within the following sectors will be awarded a $500 bonus.
Requirements
- Operate in a Qualified Targeted Industry
- Headquartered outside of Sarasota, Manatee & Charlotte Counties
- Minimum 10 peak room nights
