The business must apply to the State of Florida prior to purchasing the MME and using it in production. A City staff person is designated as an Ombudsman for a development project with all site review, construction and permitting processes unified. The objective is to expedite the permitting and plan approval process. The City has eliminated the transportation impact fee for businesses located within the boundaries of the program. This program provides an inducement for target industry to locate new facilities in Florida or to expand existing facilities in Florida.
Greater awards are available to companies paying very high wages.
A local business which is independently owned and which is not dominant in its field of operation or an affiliate or subsidiary of a business dominant in its field of operation. Preference will be provided to those businesses located in the State designated Enterprise Zone within the City of St. Petersburg. The annual sales and number of employees of the business should not exceed the industry size standards, as established in the Citys Code. A disadvantaged business is a firm which is 51 percent owned and controlled by one or more individuals who are socially and economically disadvantaged, or a corporation, in which 51 percent of the stock is owned by one or more such individuals.