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Florida Increases its Research and Development Tax Credits

Posted by Laureen Martinez on Jun 23, 2017 5:08:48 PM

Florida will nearly double its investment in Research and Development (R&D) when it raises the maximum amount of tax credits available to companies to $16.5 million in 2018. The R&D tax credit, now capped at $9 million, encourages and rewards manufacturers who bring new or improved products to market, as well as manufacturers who improve the manufacturing process.

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Topics: Advanced Manufacturing, Incentives

New Initiatives Boost Orlando’s Economic Competitiveness

Posted by Laureen Martinez on Jun 23, 2017 5:06:39 PM

A variety of business-friendly bills approved by the Florida Legislature and signed into law by Governor Rick Scott will strengthen the state’s and Orlando’s business climate. The biggest impact will come from the $85 million Florida Job Growth Grant Fund. This new incentive fund will help improve public infrastructure and enhance workforce training, encouraging more businesses to locate or grow in Florida.

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Topics: Incentives, Public Policy and Advocacy

News & Media Resources

The PR team at the Orlando Economic Partnership is your source for business news in Orlando, providing you with story ideas about trends, people and companies; statistical information and background; offering expert sources; and connecting you with community leaders.

Media Contact: Laureen Martinez

Senior Director, Marketing & Communications
P/ 407.422.7159 x204
C/ 407.242.3982
Laureen.Martinez@Orlando.org

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