Downtown Miami Economic Incentives
Shutter Removal & Facade Improvement Grant ProgramThe Shutter Removal & Facade Improvement Grant Program provides grant funding for qualified exterior improvements. The goal of the program is to improve the physical environment and overall safety and perception of the downtown, while supporting increased economic activity and investment. All incentive programs are funded by the Miami DDA and administered by the Downtown Miami Partnership (DMP) through an independent allocations committee.
The Shutter Removal Program provides 100% grant funding for the removal and/or replacement of solid metal shutters in the target area.
The Facade Improvement Program provides up to 50% match funding, up to $50,000 for qualified exterior improvements to commercial buildings and properties in the target area.
Download Program Guidelines 
Download Program Application (Word)
Tenant Improvement Grant
The Tenant Improvement Grant Program (TIGP) provides grant funding for qualified interior improvements. The goal of the program is to attract targeted new businesses and leverage grant funds with a matching contribution from property owners. All incentive programs are funded by the Miami DDA and administered by the Downtown Miami Partnership (DMP) through an independent allocations committee.
The Tenant Improvement Grant Program provides up to 50% match funding, up to $50,000 for qualified businesses in the target area.
The program requires a joint-application from the tenant and landlord, minimum five-year lease, and comprehensive business plan.
Download Program Guidelines
Download Program Application (Word)
Retail Window Film Program
The Miami DDA Retail Window Film Program provides vacant retail storefronts with a code-compliant window film. The goal of the program is to improve the physical environment of the downtown area by eliminating the blighting effect of empty storefronts, and supporting the attraction of new retail by advertising available spaces.
For more information and to participate, please contact the Downtown Miami Partnership at 305-379-7070.
Southeast Overtown/Park West & Omni CRA Building Rehabilitation Program
Funded by Miami's Southeast Overtown/Park West and Omni Community Redevelopment Agencies (CRA), this program assists properties and businesses with exterior improvement funding up to $65,000 with a matching grant.
Download Program Guidelines
City of Miami Business Incentives
The City of Miami Economic Initiatives department provides a range of services and resources to businesses. For more information, please visit the City of Miami Business Initiatives.
Miami-Dade County & State Incentives
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. By doing this, The Beacon Council facilitates the creation of quality jobs for each and every resident of Miami-Dade County.
Since its creation in 1986, The Beacon Council has assisted over 750 companies locate and expand, helped create more than 75,000 direct and indirect jobs, retained more than 15,000 jobs, and brought more than $2.7 billion in new capital investment to our community. For more information, please visit The Beacon Council.
New Markets Tax Credits
The New Markets Tax Credit (NMTCs) program is a federal program that is steering low interest, private capital into distressed census tracts to capitalize hard-to-fund commercial and residential projects. The City of Miami has created a Community Development Entity (CDE) for purposes of applying and allocating New Markets Tax Credits to local projects. For more information, please visit the City of Miami's Development Incentives.
Empowerment Zone & Enterprise Zone
The Miami DDA works with City of Miami and Miami-Dade County governments as partners in offering a range of financial incentives that encourage targeted investments in the targeted Empowerment Zone and Enterprise Zone areas. As custodians for downtown, Miami DDA will help businesses navigate and understand the market potential of the various sub-districts as well as to identify investment/acquisition opportunities. For more information, please visit City of Miami's Empowerment Zone and Enterprise Zone.
State of Florida's Economic Gardening Business Loan Pilot Program
The Economic Gardening Business Loan Pilot Program was created in 2009 out of Florida Statues 288.1081 within the Office of Tourism, Trade, and Economic Development. The Economic Gardening Business Loan Pilot Program (EGBLP) is to support those small businesses that are in the best position to use the loan to continue making a successful long-term business commitment to Florida. Loans of $50,000-$250,000 are available to businesses with 10 to 50 employees.
Download Program Guidelines
Additional Links and Resources
