The City of Boca Raton recognizes the importance of supporting the business community and facilitating economic development programs to create and maintain economic sustainability.
In 2014, an Economic Development Fund was created and funded. One of the primary uses of this fund is to provide incentives for companies seeking to relocate to the City or to expand their existing business within the City. Based on the criteria listed in the Economic Development Incentive Policy, including the number of jobs created and/or retained, the average job salaries and the capital investment in the community, the City can provide financial incentives. These financial incentives include local matches for state economic development programs, grants and/or loans and subsidized leases. Under this policy, the City can also provide non-financial incentives such as expedited permitting, groundbreaking ceremonies and ribbon cuttings.