Sunday, October 07, 2012

$10 Million Economic Development Fund For Brevard

The Economic Development Commission of Florida’s Space Coast is pleased to announce that it has developed an economic development incentive fund designed to assist in expanding existing Brevard County high-tech and manufacturing businesses and attracting new businesses to the Space Coast.

This fund, supported by the Florida Department of Economic Opportunity, will supplement existing state and local economic development incentives to increase Brevard County’s competitiveness in economic development projects, while further mitigating the job loss and economic impact of the space shuttle program retirement.

“This fund provides us with an economic development tool that supplements our competitive advantages, including our highly skilled workforce and pro-business environment,” said Lynda Weatherman, president and CEO of the Economic Development Commission of Florida’s Space Coast. “The incentive program is designed to be the final push that influences a company’s decision to locate or expand in Brevard County, further diversifying our economy and moving the Space Coast beyond the shuttle era.” More here.

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