A tradition of supporting innovation

Tradition, Port St. Lucie, is right in the middle of Florida’s flourishing Research Coast. Here, local government and business support a common vision to establish the region as a center for excellence in science and technology.

Florida has the fourth-largest workforce in the USA and experienced 268% growth in life sciences venture capital investment during the past decade. Leading research organizations are establishing a presence here, and TCI is committed to maintaining that momentum.

We work with government to expedite permits and get facilities functioning quickly. Besides low state taxes, we can access a compelling suite of incentives to support our innovation sector.

State incentives:

• Qualified target industry tax refund
• Capital investment tax credit
• High-impact performance incentive grant
• Quick response training program
• Incumbent worker training program
• Economic development transport fund

Port St. Lucie incentives:

• Impact fee waivers
• Job growth investment fund
• Ad valorem tax abatement
• Industrial development revenue bonds
• Workforce solutions of the Treasure Coast