Collier County Economic Stimulus Program

The Collier County Board of Commissioners established the Collier County Economic Stimulus Program in 2003 to support economic diversification and induce new, high-wage job creation in Collier County by supporting the expansion of existing businesses and offering incentives to attract new industry. This page describes the programs and eligibility criteria.

Eligibility

For a business to be eligible to participate in the Economic Stimulus Program in the Immokalee Enterprise Community, companies must meet the following criteria, including:

  • Work in a targeted industry
  • Generate a minimum of 50% of the company’s revenue from outside Collier County;
  • Have the potential to create a minimum of five new jobs and maintain them for at least fifteen years.
  • Meet minimum average wage requirements for both new and existing employees. For Immokalee, that minimum is 50% of the Collier County average wage which in 2008-9 is $18,843.
  • Be in good standing in Collier County, complying with occupational license, property tax payments, and any other local regulatory requirements

Targeted Industries 

The targeted industries in Collier County include, but are not limited to:

  • Aviation
  • Biomedical
  • Corporate Headquarters
  • Information Technology
  • Manufacturing
  • Research & Development
  • Wholesale Trade & Distribution

The specific assistance available includes:

Fast Track Regulatory Process Program

This program is designed to expedite the process for qualifying companies to obtain permits and applications through local regulatory agencies by assigning a dedicated Collier County Fast Track facilitator. The facilitator works to mitigate impediments and resolve issues quickly in order to meet project timelines. The Fast Track Regulatory Process Program encompasses all types of local permits, including, but not limited to, zoning, PUD, SDP, and building permit applications. This service is provided at no charge to the participating, qualified company.

Fee Payment Assistance Program

To help mitigate the cost of new construction, the Fee Payment Assistance Program will offset all or a portion of the Collier County impact fees by paying some portion of them on behalf of the company.  The amount covered by the program is calculated by multiplying the investment of building, land and equipment by the current general revenue millage rate and for the Immokalee Enterprise Community, multiplying that by 15.

OR

Property Tax Stimulus Program

As an alternative to the Fee Payment Assistance Program, qualified companies have the option to participate in the Property Tax Stimulus Program. This program allows companies to be reimbursed 100% of the value of the property taxes paid in that fiscal year. Companies located in the Immokalee Enterprise Community may apply for this incentive for up to 15 years.

Companies must choose at application time to participate in either the Fee Payment Assistance Program or the Property Tax Stimulus Program. All job and wage requirements must be met.

Job Creation Investment Program

The Job Creation Investment Program helps with costs associated with a company’s relocation or expansion in Collier County. This program provides a cash incentive based on the number of new jobs created by the company. For companies locating in the Immokalee Enterprise Community, the incentive is $3,000 per new job created.

If a company chooses to also participate in the state of Florida’s Qualified Target Industry Tax Refund Program, which offers an incentive of up to $6,000 per new job created, the amount of the Job Creation Investment Program incentive is reduced to $1,000 per new job created for all locations in Collier County. The total amount of the incentive awarded will be paid to the company in equal payments over a three-year period. All job and wage requirements must be met.

Advanced Broadband Infrastructure Investment Program

To help advance the deployment of the high speed telecommunications infrastructure in Collier County, this incentive will reimburse companies up to $25,000 for costs associated with the initial installation or upgrade of advanced broadband infrastructure in commercial and industrial buildings. Application for the program must be made before the costs are incurred. Advanced infrastructure can be physical cable or wireless technology. The total amount of reimbursement awarded will be paid to the company in equal payments over a three-year period. 

All programs are performance-based. All job and wage requirements must be met. Program funding is subject to availability and approval by the Collier County Board of Commissioners.

 

For further information regarding the Collier County Economic Stimulus Program, please contact: Collier County Business & Economic Development
Phone: 239-252.8990 

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