Downtown Miami Economic Incentives
There are a number of different agencies that can be helpful to you depending on your needs. The following resources provide business information for expansion, relocation or retention, economic incentives as well as opportunities to invest or develop in Downtown Miami and the broader region.
Business Development Resources
Miami-Dade County Department of Regulatory and Economic Resources
The Department of Regulatory and Economic Resources provides information for businesses in general, licensing, available business incentives, permitting, as well as planning and zoning. For more detailed information on the above described services, starting a business, small business development and more please click here: http://www.miamidade.gov/business/
The Beacon Council
As Miami-Dade County's official economic development partnership, The Beacon Council is charged with bringing new, job-generating investments to the community, while assisting existing businesses in their efforts to expand. www.beaconcouncil.com
This new site provides interested parties information on businesses, demographics and provides search functions to available commercial real estate, land, or community overviews.www.miamidadesites.com.
Enterprise Florida - State of Florida's Economic Development Agency
Enterprise Florida, Inc. (EFI) is a public-private partnership between Florida's business and government leaders and is the principal economic development organization for the state of Florida. EFI's mission is to expand and diversify the state's economy through job creation. For more information please visit www.enterpriseflorida.com.
U.S. Small Business Administration (SBA) can provide training, access to finance, and assistance with government contracting. Their overarching mission is to assist businesses to start, build and grow. In Miami, they run regular training events, technical assistance, loan review and counseling, an emerging leaders program and various other initiatives. Their local office is at 100 S. Biscayne Blvd. For more information, please visit www.sba.gov/about-offices-content/2/3109.
Miami DDA Incentives
Property Improvement Grant Program
The Property Improvement Grant Program provides grant funding for qualified exterior improvements. The goal of the program is to improve the physical environment ("curb appeal") and enhance the overall perception of the central business district, while supporting increased economic activity and investment. The program is designed to attract and retain retail businesses and restaurants and increase the customer base for businesses located in this area.
The incentive program is funded by the Miami Downtown Development Authority (DDA) and administered by the Downtown Miami Partnership (DMP). All applications are reviewed by an independent committee which awards funds at its discretion and in accordance with the program guidelines.
Download Program Guidelines
Download Program Application
Other Business Incentives
Miami-Dade County Economic Incentives
Find the areas within our district that have been designated as having economic development priority through the Miami-Dade County's interactive Economic Incentives Map.
Most of Downtown Miami is located in an Enterprise Zone - a designated area within Miami-Dade County offering fiscal incentives to businesses that locate or expand within the zone, with the objective of encouraging investment and job creation in economically distressed areas.To quality for these incentives, new jobs have to be created for enterprise zone residents. The reduction in the cost of doing business in Miami-Dade County's Enterprise Zone can be substantial. For more information, please visit http://www.miamidade.gov/business/enterprise-zones.asp
South Florida Regional Planning Council's Revolving Loan Fund
The Revolving Loan Fund (RLF) provides business financing for eligible projects within Miami-Dade, Broward, and Monroe counties. The financing strategy is to make general business development loans designed to meet the credit needs of businesses not entirely served by conventional lenders while at the same time encouraging these lenders to complete project financing by allowing these funds to fill the gap. Loans are between $50,000 and $300,000. For more information please visit www.sfrpc.com/rlf.htm.
Additional Links and Resources