The City of St. Cloud's Economic Development Incentive Fund provides for infrastructure improvements and cash incentives for qualified projects. Funds may be applied to many uses as approved by the City Council. Such incentives are based upon the creation of jobs at or above Osceola County's average wage and utility usage.
Grants are available for new industry or expansion of existing industry.
Applications for these funds are available at the City's Municipal Services Complex. No annual franchise tax levied on stock or equity. No sales tax on food or medicine. No sales tax on containers and packaging or materials in a final product. No sales tax or use tax on boiler fuels.