The Bay Economic Development Alliance will work to negotiate an incentive package for your company 's relocation or expansion project. An incentive award could include tax refunds and exemptions, workforce training and, for qualifying projects, even cash grants from local, regional and state resources. For eligible projects, award amounts are based on many factors, including a number of jobs, wage levels, employee benefit packages, capital investment, financial history, economic impact and amount of incentive awards from competing communities.
Economic Development Ad Valorem Property Tax Exemption
The Bay County Board of Commissioners, the City of Panama City and the City of Lynn Haven offer an abatement of the local property tax at the business location on tangible personal property and improvements to real property for a period up to 10 years. In order to qualify, a company must first meet the definitions of a new or expanding business as stated in s. 196.012 (15) and (16), F.S.
CareerSource Gulf Coast and Job Center Services
CareerSource Gulf Coast is one of 24 regional workforce boards around the State of F