Triumph Gulf Coast Funds

Download our Triumph Gulf Coast One-Sheet

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:

  • Develop industry-driven workforce training programs
  • Improve STEM-focused educational programs
  • Expand transportation infrastructure serving business corridors
  • Provide infrastructure support for commercial/industrial parks and shovel-ready sites

KEY TRIUMPH AWARDS

INFRASTRUCTURE

  • City of Pensacola ($66M) Airport Expansion - 775,000 SF commercial MRO campus including 3 new hangars, specialty shops, warehousing, training center, admin offices for ST Engineering.
  • Port of Panama City Expansion ($10M) - New warehouse space, channel deepening, and additional improvements.
  • Okaloosa County ($1.5M) Water/Sewer - Shoal River Ranch Giga Industrial Site: 10,500 acres of which 2,043 acres are ready
  • Santa Rosa County ($8.5M) - Site development at Whiting Aviation Park for a Helicopter MRO project

WORKFORCE 

Career & Technical Education programs at educational institutions throughout the region in Automotive, HVAC, Welding, Drone Aviation, Truck Driving and Computer Programming.

More information about Triumph Gulf Coast is available at myfloridatriumph.com.

Infrastructure Map

 

Counties Eligible for Triumph Gulf Coast Investment

CONTACT US

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.

Kim Wilmes - President & CEO
KIM WILMES

President & CEO

850-729-6847
kwilmes@fgnw.org

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