Business can receive entire refund, or direct one-half to a university or community college. If the school agrees to the contribution, it must match the funds and come to agreement with the business on providing research or educational services that directly benefit the donor business. Administered by EnterpriseFlorida Jobs and Education Partnership and Department of Education. Business must apply before making a formal decision to locate to Florida. The state provides a number of tax breaks and incentives to business choosing to locate in these zones, hire workers from these zones, or rehabilitate property in these zones.
Tax credits are available to businesses paying Florida Corporate Income or Sales and Use Taxes.
As reported by the American Electronics Association from U.S. Bureau of Labor Statistics, Covered Employment and Wages, ES-202 Program, 1997. Florida TaxWatch, in consultation with Enterprise Florida. Total change in number of jobs that occurs in the economy for each additional 1 million dollars of output delivered to final demand. This report was researched and written by Michael Walsh, Senior Research Analyst under the direction of Dr. Neil S. Crispo, Senior Vice President, Research and Operations.