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Miami-Dade County Targeted Jobs Incentive Fund (TJIF)
The Targeted Jobs Incentive Fund (TJIF) Program is intended to spur business activity and promote the growth of Miami-Dade County's economy.
The Program offers cash incentives for existing Miami-Dade companies undertaking a business expansion that creates new jobs. New business establishments in Miami-Dade and companies considering relocating to the county are eligible for a TJIF incentive, except for companies relocating their operations from Monroe, Broward or Palm Beach counties.
A company from the aforementioned counties may be eligible for a TJIF award if the company plans to relocate outside South Florida and may be solicited by The Beacon Council in an effort to retain the business in South Florida.
The TJIF Program awards cash incentives to companies in selected industries that create new above-average paying jobs (at least 10 new jobs) and make a capital investment of at least $3 million. Businesses that expand or relocate within the boundaries of the Enterprise Zone, Targeted Urban Areas, Brownfield areas and Community Development Block Grant eligible areas are eligible for an additional incentive amount.
Disbursements of incentive awards occur after capital investments are made, jobs are created and retained over a specified time period (usually six years), and after paying its County property taxes.
Businesses interested in participating in the TJIF program should contact The Beacon Council, the County’s official private sector economic development partner.
Freenette D. Williams
Business Development Specialist
Business Incentives Map
Search Miami-Dade County's GIS Map to look for Business Incentives such as Enterprise Zone areas and much more.
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