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Here's the latest from your friends at the Florida Economic Development Council.
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Happy Holidays

FEDC wants to wish you a happy and safe holiday season! 

FEDC Board of Directors Approves 2021 Legislative Priorities

In the summer of 2020, FEDC formed an Economic Recovery Task Force to evaluate the impact of losing the state-level tax refund program for competitive business recruitment and expansion projects. The task force submitted a series of recommendations to the Executive Office of the Governor, DEO, and Enterprise Florida in support of reinstating a modernized QTI program. This has become the cornerstone of the FEDC legislative priorities for 2021. Thank you to everyone who provided research, project data, and analysis.

FEDC Legislative Priorities

  • Reinstate F.S. 288.106 Qualified Target Industry Tax Refund program, with the following modifications:
    • Change average wage requirement to median wage to more accurately capture wages paid to the majority of jobs created by the project or the average of the industry in that county.
    • Increase base QTI Amounts to $4,000 per new job created.
    • Replace “Enterprise Zones” with “Opportunity Zones” to provide a $6,000 base award per job created for projects that locate in those areas.
    • Simplify the Port Cargo/Airport Cargo Bonus
  • Update F.S. 220.196 Research and Development Tax Credit to increase the cap from $9 million to $50 million with up to $10 million reserved for research companies who are reshoring operations to Florida.
  • FEDC supports maintaining and enhancing the CareerSource Florida Quick Response Training (QRT) grant program.
  • In addition to these specific priorities, FEDC supports:
    • Enterprise Florida, the state’s primary economic development organization, dedicated to Florida’s economic diversification and resiliency. This includes operational support and funding for business development, marketing the State of Florida as a business destination, and international trade activities.
    • Programs through Space Florida, CareerSource Florida, Veterans Florida, Florida Rural EDA, Florida SBDC Network, The Corridor, GrowFL, FloridaMakes, and state academic institutions that connect existing and aspiring small businesses with the critical intelligence and talent they need to innovate, grow and thrive.
    • Establishing a Project Development Boot Camp to include EFI, DEO, and CareerSource Florida staff and FEDC Members. 

FEDC’s Florida 2030 Strategic Doing Task Force to hold Webinar January 6th


Join us on January 6th from 2:00 to 3:30 PM EST to advance three goals of Florida’s statewide economic development plan. Co-Chairs Rose Fagler, Weyerhaeuser, and Doug Wheeler, FL Ports Council will host the virtual engagement. It will cover three topics with many contributors.
 

Top State for Gross Domestic Product and Top Quartile Most Diversified State Economy: How does economic development contribute to GDP?

 
Moderator:  Rose Fagler, Economic Development Manager, Weyerhaeuser
Contributors: Glenn Hunter, Columbia County ED (FL); Jeff Wood, Craven County ED (NC); Chris Masingill, St. Tammany Parish Corporation (LA); Ryan Waldrep, Dublin-Laurens County ED (GA)
 

Doubling the Rural Share of Florida’s GDP: Is Broadband the Answer?

 
Mike Grissom, Becker & Poliakoff
Mario Rubio, Director, Division of Community Development, Florida Department of Economic Opportunity (invited)
 

Integrating Florida 2030 Goals into Regional Economic Development Strategies: Can you give me an example?

 
Jennifer Conoley, President & CEO, Florida’s Great Northwest


 
Register Now

FEDC Conference Sponsors

#FEDC2021 is presented by Enterprise Florida. Please thank our sponsors for making this one of a kind professional development opportunity (accredited by IEDC) and our new series of webinars possible.

Platinum Presenting Sponsor

Enterprise Florida

Diamond Sponsors

CareerSource Florida

Florida SBDC

DCI

Become a Diamond Sponsor today.

 

Gold Sponsors

Kitson Partners/Babcock Ranch

Become a Gold Sponsor today.

Silver Sponsors

Duke Energy

 

The Corridor

Florida Power and Light

TECO Energy

Become a Silver Sponsor today.

Bronze Sponsors

Next Move Group

Central Florida Development Council

BDB of Palm Beach County

Greater Fort Lauderdale Alliance

City of Coral Springs EDO

Chmura

Become a Bronze Sponsor today.

Key Card Sponsor

Florida SBDC

Media Sponsors

Florida Trend

Expansion Solutions

Become a Media Sponsor today.

Conference Engagement Sponsor

Southwest Airlines

Turn-Down Service Sponsors

Become a Turn-Down Service Sponsors today.

EDO Sponsors

JAXUSA Partnership

Pinellas County Economic Development

Team Volusia

Lanyard Sponsor

Tampa Bay EDC

Exhibitor Sponsors

Veterans Florida

Florida SBDC at USF

Small Biz Podcast of FL / SBDC at IRSC

365 Degree Total Marketing

Pinellas County EDC

Contact us to become a Sponsor or Exhibitor

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