Economic Incentives

Incentive Eligibility Criteria

 

To be eligible for economic incentives, a company must meet all three of the criteria below.

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First Criteria

Be within one of the City’s target industry categories: ​

• Aerospace (Aviation/Aeronautical)

• Nano, Sensor, and Semiconductor Manufacturing Supply-Chain, Clean or Renewable Technologies

• Manufacturing

• Medical Specialties

• Preparatory High School

• Post-Secondary Educational Institutions

 

Second Criteria

Create at least ten (10) net new full-time permanent jobs, or if expanding a business, increase employment by at least 10% or ten (10) net new full-time jobs (whichever is greater).
 

Third Criteria

Pay an average annual wage that is at least 115% of the Osceola County average wage. (2024: 115% = $54,839)