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 responsible for distributing the funds for economic development projects located in the 8 disproportionately affected counties. The Triumph Board received the first payment of $300 million in 2016. From 2019 to 2033, Triumph will receive $80 million each year. The funds
could be used to:
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.
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.
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