Targeted Jobs Incentive Fund
This initiative seeks to retain existing businesses and to encourage Business expansion by providing cash incentive awards. It provides up to $3,000 per new job created and $9,000 in an Enterprise Zone.
The Targeted Jobs Incentive Fund (TJIF) is a local inducement program modeled after the State of Florida's Qualified Target Industry Tax Refund Program (QTI). In 2000, the Beacon Council, in collaboration with Miami-Dade County, developed this business initiative to attract relocating businesses and support business expansion throughout the County.
The TJIF program provides cash incentives to qualifying companies in selected industries that create at least 10 new jobs, pay average salaries to new hires that at least meet the County or State average, make a minimum capital investment of $3 million and pay all employees no less than the County-adopted Living Wage. The incentive award is based on the amount of capital investment made with bonuses for green construction and businesses locating in a designated priority area in the County.
- Read the TJIF Program's County Ordinance
- View the TJIF Program Application
- Complete the TJIF Reimbursement Form
- Complete the TJIF Reimbursement Renewal Form
Steve Beatus, Associate Executive Vice-President
Economic Development Unit
The Beacon Council
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