• No results found

BUSINESS ASSISTANCE PROGRAMS

N/A
N/A
Protected

Academic year: 2021

Share "BUSINESS ASSISTANCE PROGRAMS"

Copied!
20
0
0

Loading.... (view fulltext now)

Full text

(1)
(2)

ECONOMIC DEVELOPMENT DEPARTMENT

Office of Business Assistance 407.246.2821 cityoforlando.net/economic/business

The Office of Business Assistance recognizes the importance of nurturing relationships with the

business community. This is accomplished by offering assistance with the development process,

helping business owners tap into available resources and providing avenues for businesses to

achieve success. The Office of Business Assistance, in coordination with the City’s economic

development organizations, also coordinates the City’s business recruitment and retention

efforts.

City Planning Division 407.246.2269 cityoforlando.net/planning

The City Planning Division inspires and facilitates the development of a diverse

and sustainable community to make Orlando more livable for its citizens, businesses and visitors.

Code Enforcement Division 407.246.4444 cityoforlando.net/economic/codeenforcement

The Code Enforcement Division protects the public health, safety and welfare and improves the

aesthetic character of the City of Orlando through the enforcement of City codes.

Community Redevelopment Agency 407.246.2555 downtownorlando.com

The Community Redevelopment Agency (CRA) aggressively pursues redevelopment and

revitalization activities within the Redevelopment Area, with emphasis on providing more

housing and cultural arts opportunities, improving long-term transportation needs and

encouraging retail development in Downtown Orlando.

Downtown Development Board 407.246.2555 downtownorlando.com

The Downtown Development Board (DDB) strengthens the role of Downtown Orlando as the

economic, governmental and cultural center of Central Florida. The DDB is responsible for

the planning, implementation and administration of Downtown Orlando’s core area

redevelopment and development program.

Permitting Services Division 407.246.2271 cityoforlando.net/economic/permits

The Permitting Services Division protects the health, safety and welfare of the citizens, while

preserving and enhancing the aesthetic character of Orlando through the issuance of building

permits, business licenses and the inspection of construction.

(3)

Table of Contents

Mayor’s Business Assistance Team • 5

Transportation Fund • 6

Urban Job Tax Credit Program • 8

Qualified Target Industry Tax Refund Program • 10

Enterprise Zone Program • 12

Orlando Economic Enhancement District • 13

Not-For-Profit Impact Fee Assistance Program • 14

Small Business Façade Program • 16

Maps • 18

(4)
(5)

MAYOR’S BUSINESS

ASSISTANCE TEAM

Overview

The Mayor’s Business Assistance Team (BAT Team) typifies the City’s pro-business attitude and was created to ensure that businesses within our community have every opportunity to succeed. The cross-departmental Team consists of City staff with expertise from disciplines such as Transportation, Code Enforcement, Solid Waste and Public Works and fulfills a vital need by assisting the Office of Business Assistance in resolving issues for business clients.

Clients of the Mayor’s Business Assistance Team are assigned a City Hall liaison to coordinate with the appropriate City Hall departments to ensure that every effort is made to resolve any and all issues. The Team is about more than accessibility; it’s also about accountability.

For more information, please contact the Mayor’s

Business Assistance Team at 407.246.2222 or visit

(6)

TRANSPORTATION FUND

Overview

The Economic Development Transportation Fund, otherwise known as the “Road Fund,” offers up to $3 million in grants, through the State of Florida, to alleviate transportation challenges that impact the location or expansion of headquarter operations or manufacturing/recycling facilities. The correction of the challenge must serve as an inducement for the company’s location, retention or expansion in Florida and create or retain job opportunities.

Criteria

Projects that facilitate economic development by overcoming location-specific transportation challenges are eligible (e.g. access roads, signalization, road widening, etc. on behalf of a qualified company).

• Companies that create or retain less than 100 full-time jobs may be eligible for up to $200,000

• Companies that create or retain more than 100 full-time jobs may be eligible for $200,000 - $1,000,000 • Companies that create or retain more than 200 full-time jobs may be eligible for $1,000,000 - $3,000,000

Application

The unit of government that owns and is responsible for the maintenance of the transportation improvement applies to Enterprise Florida and obtains approval of the transportation project prior to the company’s final location decision. For an application to be considered, a company must estimate and disclose:

• The capital investment it intends to make in the facility,

• The number of permanent full-time jobs to be created and/or retained at the facility, and

• The average hourly wage, excluding benefits, for the new and/or retained permanent full-time jobs.

Approval

Enterprise Florida determines if an applicant meets the program requirements. Eligible projects are presented to the State of Florida Office of Tourism, Trade and Economic Development (OTTED) for funding consideration. Funding recommendations are based on:

• The amount of funds requested,

• The number of permanent full-time jobs created and/or retained,

• The economic and demographic conditions of the community in which the location is being considered, and • The degree of inducement for the project’s location/expansion/retention decision.

After funds for the transportation project are approved, the company may proceed with its final site selection decision. The City of Orlando serves as the liaison between the applicant and the State of Florida.

(7)
(8)

URBAN JOB TAX CREDIT PROGRAM

Overview

In 1997, the Florida Legislature created the Urban Job Tax Credit Program (UJTCP) to encourage the creation of jobs

in urban areas of the State. The UJTCP provides tax credits to eligible businesses that are located within one of the 13 Urban Areas designated by the State of Florida Office of Tourism, Trade and Economic Development (OTTED), one

of which is located in the City of Orlando. This credit ranges from $1500 to $2000 per qualified job and can be taken against the Florida Corporate Income Tax or the Florida Sales and Use Tax. A total of $5 million of tax credits may be

approved under the UJTCP each calendar year.

Criteria

• May include sole proprietorships, partnerships or corporations.

• Must be relocating to, or physically located within, the City of Orlando’s designated UJTCP area.

• Must have created or relocated 10 new jobs to the designated UJTCP area; existing businesses must create five

additional jobs in the designated UJTCP area.

• Must be predominately engaged in, or headquarters for activities classified in one of the following Standard

Industrial Classification (SIC) Codes:

• 01-09 Agriculture, Forestry, Fishing • 20-39 Manufacturing

• 52-57 Retail

• 59 Miscellaneous Retail • 70 Hotel or Lodging

• 422 Public Warehousing or Storage • 7391 Research and Development

• 7812 Motion Picture and Video Tape Production • 7819 Services Allied to Motion Picture Production • 7992 Public Golf Course

• 7996 Amusement Park • 000 Call Center

(9)

Process

• Once the application is approved

by the State of Florida, the business will claim the credit through the State of Florida Department of Revenue.

• Credits may be used against either

the Florida Corporate Income Tax or the Sales and Use Tax. The business claims the credit via a line item on its corporate income tax form. If taken against the Sales and Use Tax, the Department of Revenue sends a credit memorandum indicating the amount of the tax credit approved. This memorandum is submitted when the business files its monthly Sales and Use Tax return.

For more information or to obtain an application, please contact: Burt C. Von Hoff

Executive Office of the Governor Office of Tourism, Trade and Economic Development

The Capitol; Suite 2001

Tallahassee, Florida 32399-0001 Phone: 850.487.0467

(10)

QUALIFIED TARGET INDUSTRY TAX REFUND PROGRAM

Overview

The Qualified Target Industry Tax Refund Program (QTI) is an incentive available through the State of Florida Office of Tourism, Trade and Economic Development (OTTED) to encourage quality job growth in targeted growth industries. This program supports the City’s efforts to diversify the Orlando economy.

Under QTI, pre-approved applicants who create qualifying jobs in Florida receive tax refunds of $3,000 per new job created; $6,000 in an Enterprise Zone. For businesses paying 150% of the average annual wage, add $1,000 per qualifying job; for businesses paying 200% of the average annual wage, add $2,000 per job. Businesses will also receive a $2500 bonus for locating in a Browfield area. An approved applicant receives refunds on taxes paid, including

corporate income, sales and use, ad valorem, intangible personal property, insurance premium and certain other

taxes. There is a cap of $5 million per single qualified applicant in all years, and no more than 25% of the total refund

approved may be taken in any single fiscal year.

Criteria

A company must apply to the City of Orlando and Enterprise Florida prior to making a decision to locate or expand in Florida. A qualified applicant must:

• Be a targeted growth industry, as defined by the State of Florida

• Demonstrate that the tax refund is necessary for the business to locate or expand in the community • Create at least 10 new jobs in the City of Orlando. If an expansion project, the business must increase

employment by at least 10% (whichever is greater). For businesses located within the Orlando Enterprise Zone,

the increase in employment may be waived.

• Pay an average annual wage that is at least 115% of the State, metropolitan statistical area (MSA) or the local

average wage. For businesses located in an Enterprise Zone, the wage requirements may be waived.

• Demonstrate that the jobs make a significant economic contribution to the local economy • Demonstrate that there is out of state competition for the project application

• Complete a QTI application for the City Orlando and Enterprise Florida

•If the company is approved, a resolution is taken before the Orlando City Council recommending

the applicant for the QTI program.

• Enterprise Florida evaluates the application and makes a recommendation to OTTED who makes the final

decision on the project.

(11)

• Upon approval, the Final Order

indicates the amount and schedule of tax refunds approved, as well as the number of jobs and average wage rate for the project jobs.

• Once the QTI application is

approved, the business works with the City of Orlando and OTTED to finalize a tax refund incentive agreement.

• The City of Orlando and Enterprise

Florida will shepherd businesses through the entire process, ensuring that the company understands what is required to complete an effective application.

Refund Process

• The business submits a claim each

year for the scheduled tax refund.

• Once the terms of the tax refund

agreement are met, the City of

Orlando pays the 20% local match

into the State of Florida Economic Development Trust Fund and OTTED pays the cash refund to the business.

(12)

ENTERPRISE ZONE PROGRAM

Overview

The Enterprise Zone program was established in 1982 by the State of Florida to encourage the retention and expansion

of businesses within designated areas. The Enterprise Zone is a geographic area designated by the City of Orlando and Orange County, and certified by the State of Florida, that is eligible for tax incentives and other benefits. The goals of the Enterprise Zone are to stimulate the creation of new jobs and to enhance the social and economic well-being of affected neighborhoods.

Incentives

• Jobs Tax Creation Incentives: Up to $2,000 per job annually.

• Property Tax Exemption: Up to $50,000 earned credit on Florida income tax. • Machinery and Equipment Sales Tax Refund: Up to $10,000 per parcel. • Building Materials Sales Tax Refund: Up to $10,000 per parcel.

• Child Care Facility Property Tax Exemption: Ad valorem property tax

exemption for licensed child care facilities that own their buildings.

• Community Contribution Tax Credit: Credit on contributions of cash, real property or other donations up to $200,000 per year, made to non-profit organizations located within the Enterprise Zone.

Criteria

• Eligible businesses must be located within the City of Orlando/Orange County Enterprise Zone boundaries

• If more than 20% of a business’ employees reside in the Enterprise Zone, the company may earn higher tax credits

and exemptions.

INfORMATION: Office of Business Assistance at 407.246.2821

www.cityoforlando.net/economic/business or Enterprise Florida website www.floridaenterprisezones.com.

(13)

ORLANDO ECONOMIC

ENHANCEMENT DISTRICT

Overview

The Orlando Economic Enhancement District Program (OEED) is a State of Florida economic development tool encouraging redevelopment of properties by

businesses and property owners. OEED is a Brownfield

designation and includes sites that have the perception of contamination and/or blight.

Incentives

• Job creation bonus refund of up to $2500 per

job for QTI applicants.

• Tax credit of 35% on voluntary cleanup costs; 10%

additional credit during the final year of cleanup.

• Low interest loans for the purchase of liens,

tax certificates or other claims.

• Risk-Based Corrective Action (RBCA) principles; • Sales tax credit on building materials used

for the construction of a residential or mixed use redevelopment project;

• Up to 5 years of state loan guarantees of loan loss

reserves; and

• Grants/loans available for cleanup.

Criteria

• Applicant must be located within the Orlando

Economic Enhancement District boundary area.

(14)

NOT-FOR-PROFIT IMPACT FEE ASSISTANCE PROGRAM

Overview

The Not-For-Profit Impact Fee Assistance Program provides impact fee assistance to non-profit agencies, located within the City of Orlando, that undertake construction projects. Eligible costs include transportation and sewer impact fees that have been assessed by the City for the project.

Criteria

• Provide proof of 501 (C)(3) status as authorized by the United States Internal Revenue Service. • Have been in operation for three or more years.

• Be a human and/or social services agency.

• Demonstrate financial hardship or lack of adequate outside funding for capital projects. • Have City residents as at least 25% of clientele.

• Maximum fee assistance is 50% of the fees assessed against the project up to $50,000. Funding is available on a

first come, first serve basis.

• The following non-profit organizations are not eligible for impact fee assistance: hospitals, churches and religious

institutions, day care centers, museums, civic clubs and United Arts funded agencies.

Process

• Submit application to the Office of Business Assistance.

• Application is presented to Orlando City Council for final approval. • Upon approval by Orlando City Council, funds are distributed.

(15)
(16)

SMALL BUSINESS FACADE PROGRAM

Overview

The Small Business Façade Program (SBFP) is an economic development program designed to provide an interest-free, deferred loan for façade improvements to new and existing commercial property and business owners, located in the City of Orlando. This loan will provide assistance with costs related to physical improvements to buildings in need of enhancement. The SBFP offers matching loan funds to off-set design and façade improvement expenses such as painting, wall repair or cleaning; window repair or replacement; awnings; new or replacement signage; landscaping; lighting; streetscape and door repair or replacement. Assistance must be applied for prior to the commencement of any façade improvement work sought to be covered under this Program.

Criteria

• Commercial property owners, for-profit new businesses moving to an existing site or existing small businesses in the

City of Orlando are eligible.

• All business owner applicants must be a small business as defined by the U. S. Small Business Administration. • All proposed façade improvements must meet the Code of the City of Orlando. All business owner applicants

must possess a City of Orlando Business Tax Receipt.

• All applicants must be current with state and local taxes and not have any outstanding liens imposed against any

property in the City of Orlando.

• Applicant(s) must provide at least 20% of the project cost. • Maximum award amount is $20,000 per applicant.

• The City will pay 100% of the first $1,000 of the total project cost and loan 80% of the remaining balance. • For loan amounts of $1,000 to $9,999, payment to the City is deferred for a three (3) year period where the loan

depreciates at 33% for the first two years and 34% the third year. At the end of three years, the loan is forgiven in its entirety. For loan amounts of $10,000 to $14,999, payment to the City is deferred for a four (4) year period where the loan depreciates at 25% each year. At the end of four years, the loan is forgiven in its entirety. For loan amounts of $15,000 to $20,000, payment to the City is deferred for a five (5) year period where the loan depreciates at 20% each year. At the end of five years, the loan is forgiven in its entirety.

• If the total project cost is $999 or less, and the property is either demolished, title to the property has been

transferred, the property has been refinanced, or the property incurs a code enforcement lien during the one-year period following disbursement of funds by the City, the full amount disbursed must be paid back to the City of Orlando Economic Development Department.

• Past Business Assitance Program (BAP) recipents may also apply for SBFP assistance. However, total assistance from both programs may not exceed $20,000.

(17)

The following businesses are not eligible for the Small Business facade Program:

National franchises; non-profit agencies; residential property; government owned/ occupied buildings; churches/religious institutions; health and social service industries; agricultural service industries; nightclubs, bars or taverns; tattoo parlors; body piercing or body art shops; adult entertainment facilities; adult oriented or adult themed retail businesses; liquor stores; gun shops; businesses that sell drug paraphernalia; any business with outstanding code enforcement violations (including red light infractions) or liens; any business or commercial property that is not current with state and local taxes, and/or has any outstanding tax lien(s) against any property; and any business or commercial property with outstanding debt to the City.

Process

• Submit application to the Office of

Business Assistance.

• Applications exceeding $5,000 are

presented to City Council for final approval.

• Funds will be distributed for

reimbursement after completion of proposed work.

(18)

S SU M M ER LI N A V CENTRAL BV SOUTH ST W GORE ST S R 50 ROBINSON ST INTE RSTA TE-4 W PRINCETON ST N MILL S AV N W ES TM O R EL A N D D R EDG EW A T E KALEY AV MICHIGAN STS O R A N G E A V EAST WEST EX W D JUDGE DR N OR ANG E BL OSSO M TL M ER C Y D R W PRINCETON ST SILVER STAR RD TA M PA A V W COLONIAL DR S R 42 3 R IO G R A N D E A V L B MCLEOD RD B R U TO N B V SR 408 COLUMBIA ST RSTA TE- 4 ELAN DRD PINE HILLS RD H A ST IN G S ST EAST WEST EX OLDWIN TERGAR DENRD RALEIGH ST S K IR K M A N R D 43 5

Orlando Economic Enhancement District

LEGEND City of Orlando Jurisdiction Orlando Economic Enhancement District (OEED)

City of Orlando, Economic Development Department, May 2007

Orlando

Economic

Enhancement

District

map from Page 13

Urban Tax

Job Credit

map from Page 8

Enterprise Zone Program

(19)

CITy Of ORLANDO ECONOMIC DEVELOPMENT DEPARTMENT OffICIALS

Department Director

Frank Billingsley 407.246.2709 [email protected]

Deputy Director

Brooke R. Bonnett 407.246.2719 [email protected]

City Planning Division Manager

Dean J. Grandin, Jr. AICP 407.246.2120 [email protected]

Code Enforcement Division Manager

Mike Rhodes 407.246.3331 [email protected]

Permitting Services Division Manager

Timothy Johnson, AIA, NOMA 407.246.2075 [email protected]

DDB/CRA Executive Director

Thomas Chatmon 407.246.3361 [email protected]

OffICE Of BUSINESS ASSISTANCE CONTACTS

Business Growth & Development Coordinator

Kim King 407.246.2721 [email protected]

Main Street Coordinator

Pauline Eaton 407.246.3259 [email protected]

Client Relations Coordinator

Lillian Scott 407.246.3273 [email protected]

Downtown Business Coordinator

Rose Garlick 407.246.3789 [email protected]

(20)

Winter 2010

Economic Development Department

Office of Business Assistance

400 S. Orange Avenue, 6th Floor

Orlando, Florida 32802

Phone: 407.246.2821 • Fax: 407.246.3359

www.cityoforlando.net/economic/business

References

Related documents

Manthra Shastra, the Science of Spells has shown vast area of knowledge and solutions that can help us achieve this for peace and perfection in worldly and spiritual life... The

a CHAPTER 1 DLP: IT’S NOT JUST FOR BIG FIRMS ANYMORE a CHAPTER 2 PROTECTING YOUR SECRET SAUCE a CHAPTER 3 WHERE DATA LIVES a CHAPTER 4 MANDATING ENCRYPTION Many

As part of a comprehensive study of the molecular structure of minerals containing oxyanions such as the arsenate anion using of the IR and Raman spectroscopy, we report the

According to the step-by-step procedure for calculating a complete set of material properties for piezoelectric materials found in the European Standard on Piezoelectricity [8],

The City of Waterville has established a Downtown Forgivable Loan Program to provide financial assistance to business and property owners for the creation of a new business

The purpose of the Small Business Customer Liaison program is to provide plan review and development services assistance for small business customers that are new to the City and

2003 – 2003, Clinical Instructor, University of Maryland, Baltimore; Baltimore, MD 2002 – 2005, Chief, Nursing Performance Improvement, Walter Reed Army Medical Center, Department

The State Small Business Credit Initiative programs include the Florida Capital Access Program, Florida Venture Capital Program and the Small Business Loan Support