Lee County Incentives
Lee County’s Economic Development Office has an experienced team in place to help new, expanding and relocating businesses identify the best incentives for their particular corporate needs.
Lee County follows the State of Florida’s Target Industries in considering incentives.
- Information Technology (IT)
- Life Sciences
- Defense & Homeland Security
- Aviation & Aerospace
Lee County Job Opportunity Program (LCJOP)
Lee County offers an incentive for locating or expanding companies creating high wage employment in targeted industries. Qualified companies may be awarded up to $6,000 for each full-time, permanent job created, subject to a maximum award amount of $500,000. The incentives are paid in the form of reimbursements for the Eligible Uses of Funds and as new jobs are created. New employment paying an average wage that exceeds the Lee County average may qualify for an award of up to $2,000 per job.
- Businesses paying 115% of the annual average wage may qualify for an award of up to $3,000 per job;
- Businesses paying 125% of the annual average wage may receive up to $4,000 per job
- Businesses paying 150% or more of the annual average wage may qualify for up to $5,000 per job.
Lee County Industrial Development Revenue Bonds (IDRB)
IDRBs are tax-exempt securities issued by the Lee County government, providing long-term, below-market rate financing of capital requirements for new and expanding manufacturing facilities. Minimum bond is $3 million, and maximum bond is $10 million per borrower. The borrower is solely responsible for principal and interest repayment. View IDRB Guidelines here.
Gold Key Grant Program
The Lee County Economic Development Office, along with the Lee County Industrial Development Authority offers financial assistance to small businesses leveraging the US Commercial Services Gold Key Matching service. To learn more about program, visit the U.S. Commercial Services site. To apply, the Application Addendum from Lee County can be found here.