The Suwannee Board of County Commissioners has launched two powerful initiatives to make it even more attractive for businesses to locate, expand or move into the north Florida county touted as “Florida’s New Frontier.”
The commission recently voted to approve the Suwannee County Business Incentive Program as well as the creation of a formalized Suwannee County Department of Economic Development.
The Suwannee County Business Incentive Program authorizes the commission to make performance-based grants to both existing and new businesses desiring to expand or locate within the county, as well as companies that wish to develop speculative space for industrial and office projects.
Eligibility for and the amount of incentives granted will be based on a points system. Points will be awarded to each applicant based on such criteria as: whether the company is within a targeted industry, the amount of their capital investment, the numbers and rates-of-pay of new full-time equivalent (FTE) jobs they create.
Suwannee County is home to one of Florida’s most diverse Agri-business communities, one of the nation’s largest and most environmentally friendly sawmills, a thriving poultry production and sales industry, crop production and distribution, light manufacturing and more.
The newly created Suwannee County Department of Economic Development is charged with carrying out the economic directives and policies of the Board of County Commissioners. Its establishment formalizes the county’s commitment to encouraging the creation, expansion and relocation of targeted industries within and to the county, as well as the development of speculative space for industrial and office projects.
“These actions by the County Commissioners send a clear message that we are ready to build on the strong business base we have in Suwannee County,” said Dr. Alvin B. Jackson, Jr., Suwannee County Economic Development Director. “The fact that we are just an hour’s drive from Jacksonville, Gainesville, Tallahassee and Valdosta, with great interstate and rail access gives us a strong competitive advantage for companies who also value quality of life for their employees. I am very excited to add these new incentive programs to our already strong package of available land and business-friendly communities.”
For more information about the Suwannee County Department of Economic Development or to apply for a grant through the Suwannee County Business Incentive Program, visit: www.floridasnewfrontier.com.