No matter how large or small expanding or starting a business comes at a financial cost - in both time and money. From technical support to grants, loans, and bonds, programs are available to help businesses prosper. Contact us for additional details on how Clay County can ensure your success.
SBA Loan Programs
The U.S. Small Business Administration (SBA) offers several loan programs that provide financial aid to small businesses. Our local Small Business Development Center (SBDC) at University of North Florida is your point of contact to SBA loans.
Industrial Development Revenue Bonds (IRB) Guidelines & Procedures
The Clay County Development Authority (CCDA) is the sole industrial development authority for Clay County. In this capacity, CCDA is authorized to issue tax-exempt bonds to finance the expansion or relocation of industrial development.
Enterprise Bond Program Overview
The Enterprise Bond Program offers tax-exempt, low interest bond financing to qualified manufacturing and 501(c)(3) non-profit organizations through Florida Development Finance Corporation
Florida Opportunity Fund
The Florida Opportunity Fund was created to realize significant long-term capital appreciation by investing in high-quality venture capital funds. business and infrastructure projects that will provide a lasting benefit to Florida
Commercial Bond Financing
Commercial Business Finance (CBF)provides working capital financing for small to medium sized companies throughout Florida. CBF finances approximately $60,000,000 in accounts receivable annually. CBF specializes in assisting companies that are unable to obtain traditional bank financing in an amount the company desires.
Private Activity Bonds Overview
The federal government annually allows an amount equal to $95.00 per capita of tax-exempt bonds to be issued in each state ($1,786,124,450 for Florida in 2011). Florida has designated a portion of this total amount for Florida businesses.
SBIR/STTR Funding Overview
The federal government allocates over $2 billion annually to two highly competitive programs that encourage start-up businesses to capitalize on commercialization opportunities: the Small Business Innovation Research Program and the Small Business Technology Transfer Program. Qualified entrepreneurs in Florida can receive some assistance with their SBIR/STTR grant applications through Enterprise Florida's "Phase 0" program.