Hollywood, FL Incentives Lure Businesses to City

Hollywood, Florida, offers businesses a comprehensive package of financial incentives and strategic advantages to encourage relocation and expansion. The city highlights its prime location within Broward County, providing excellent access to global transportation networks and a supportive business environment.

Florida's business-friendly climate, characterized by low taxes and operating costs, is further enhanced by the state's recognition as a top location for a diverse and well-educated workforce, according to CNBC.

Beyond economic benefits, Hollywood promotes a high quality of life. Residents and employees can enjoy the city's Atlantic beaches, a nationally accredited parks system, and year-round events, including those on the Hollywood Beach Broadwalk.

Financial incentives are available through state, regional, and local programs. The State of Florida's SelectFlorida targets specific industries. Broward County offers a job growth incentive for businesses creating jobs through relocation or expansion. The City of Hollywood also provides incentives for qualifying companies in target industries and partners with organizations like the Greater Fort Lauderdale Alliance and SelectFlorida.

Florida Power and Light (FPL) contributes with incentives and assistance aimed at maintaining business competitiveness and efficient energy usage.