Over the next decade-plus, $1.5 billion will be directed to Northwest Florida for economic development enhancements. These funds, from a settlement related to the Deepwater Horizon oil spill, represent an unprecedented opportunity for Northwest Florida.
Triumph Gulf Coast, Inc., a 7-member board of private sector business leaders appointed by state leadership, is in the process of distributing the first $300 million. The eligible uses of this transformative funding stream include grants for workforce development and public infrastructure projects in the 8 disproportionately affected counties - Bay, Escambia, Franklin, Gulf, Okaloosa, Santa Rosa, Walton, and Wakulla. These funds could be used to:
More information is available at myfloridatriumph.com.
Florida’s Great Northwest is here to provide you the practical, on-the-ground resources and support you need for your business location/expansion project. From incentives to site selection to workforce development, we’ve got the expertise and connections to help your business be even more competitive with a Northwest Florida location.