The Florida Department of Economic Opportunity offers grants, tax incentives, and economic development programs for small businesses. Enterprise Zones and Opportunity Funds provide tax credits for businesses in designated areas.

Businesses in Enterprise Zones receive sales tax credits, property tax exemptions, and hiring incentives. Qualified Opportunity Funds offer capital gains tax deferral for investing in designated zones.

Each program has specific eligibility criteria based on business size, location, industry, and ownership demographics. Review requirements carefully before applying—ineligible applications waste time.

Visit FloridaJobs.org and your local Small Business Development Center (SBDC) for free guidance on available programs. SBDCs provide no-cost consulting to help you identify and apply for incentives.