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Highlighed Programs
Recovery/Stimulus Links
Business-focused
Information and tracking
Job search and training
Pinellas County's
Networking Directory (no cost)
Job Creation Tax Rebates
Sales Tax Exemptions
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On December 1, 2009, the Pinellas County Board of County Commissioners designated the entire county a Recovery Zone. This designation allows Pinellas County Economic Development to offer more than $20 million in tax-exempt bond financing to qualified Pinellas County companies. The Recovery Zone Bonds will be issued through the Pinellas County Economic Development Authority (PCEDA), and administeredaccording to U.S. Treasury and Internal Revenue Service guidelines. While the PCEDA will issue bonds on behalf of approved applicants, the PCEDA is a conduit for the financing and will not directly loan money to applicants. Prior to the issuance of bonds, applicants must secure a bank or other financial institution to purchase and/or provide credit support for the bonds. Click here to learn more.
What is the Economic Gardening Business Loan Pilot Program? The Economic Gardening Business Loan Pilot Program will help provide loan support to businesses with between 10 and 50 employees that are poised to create high-wage jobs in Florida. The loans, up to $250,000 per business, can help companies with working capital purchases, employee training or salaries for newly created jobs. The interest rate of the loan is 2% for a period of four years. During the first year of the loan, payment is due for interest only and payable during the twelth month. Click here to learn more.
$35,000 for Small Business Relief through SBA's ARC Loan Program - If your small business is stressed meeting expenses during these economic times, the U.S. Small Business Administration has a new loan program designed just for you. SBA’s America’s Recovery Capital Loan Program can provide up to $35,000 in short-term relief for viable small businesses facing immediate financial hardship to help ride out the current uncertain economic times and return to profitability. Click here to learn more and find lenders in Pinellas County.
Small Business SBA Lending Success Stories
Treasury, Energy Announce More than $3 Billion in Recovery Act Funds for Renewable Energy Projects
As part of an innovative partnership aimed at increasing economic development in urban and rural areas while setting our nation on the path to energy independence, the U.S. Department of the Treasury and the U.S. Department of Energy announced an estimated $3 billion for the development of renewable energy projects around the country and made available the guidance businesses will need to submit a successful application. Funded through the American Recovery and Reinvestment Act (Recovery Act), the program will provide direct payments in lieu of tax credits in support of an estimated 5,000 bio-mass, solar, wind, and other types of renewable energy production facilities. Treasury and Energy have made available the terms and conditions, guidance, and a sample application at http://www.treas.gov/recovery/1603.shtml
Business-focused Stimulus and Recovery Sites
Recovery and Stimulus Information and Tracking Sites
PinellasCounty.org/Recovery - The Pinellas County Board of County Commissioners is committed to its participation in receiving the funding for which the county is eligible. The navigational links on this webpage will continue to provide the public with updated information on funding applied for and awarded to the Pinellas County Government.
FLARecovery.com - Florida's website to provide accountability of the funds that are being allocated and awarded to the State for each Recovery Program. The site plans on tracking all recovery funds coming into Florida whether it is awarded to the State, local governments, not-for-profits organization or private businesses.
Recovery.gov – The federal government created usaspending.gov in 2006 to make contracting and spending information available. In January, the Obama administration created recovery.gov to detail information about the stimulus plan. The site currently includes a brief timeline and background information about the plan. The site also promises to track stimulus spending (only at the federal level) when projects start. Federal contracts are available at fbo.gov. Go to the "advanced search" section, and, at the bottom of that screen, check the "yes" box underneath "Recovery and Reinvestment Act Action." The search will list contracts funded by the stimulus
Business Websites Recommended by PCED Staff
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