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An economic development incentive is known as "cash or near-cash assistance provided on a discretionary basis to attract or retain business operations." [1] These benefits principally encompass tax and economic incentives provided by federal, state, or local governmental bodies.
Volusia County Council candidates for District 3 talk about their priorities and one of the hottest topics in local elections: development.
Volusia County (/ v ə ˈ l uː ʃ ə /, və-LOO-shə) is a county located in the east-central part of the U.S. state of Florida between the St. Johns River and the Atlantic Ocean.As of the 2020 census, the county was home to 553,543 people, an increase of 11.9% from the 2010 census.
An urban enterprise zone is an area in which policies to encourage economic growth and development are implemented. [1] Urban enterprise zone policies generally offer tax concessions, infrastructure incentives, and reduced regulations to attract investments and private companies into the zones.
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The Florida High Tech Corridor Council (The Corridor) is a regional economic development initiative of the University of Central Florida (UCF), the University of South Florida (USF) and the University of Florida (UF) whose mission is to grow high tech industry and innovation through partnerships that support research, marketing, workforce and entrepreneurship.
Counties in Florida by GDP in 2021 (chained 2012 US$) The economy of the state of Florida is the fourth-largest in the United States, with a $1.695 trillion gross state product (GSP) as of 2024. [1]