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Daytona Beach panel directs staff to simplify economic-incentive application for small businesses
Summary
Members of the Daytona Beach Economic Development Advisory Board debated streamlining the city's incentive application to make it usable for businesses with 10'50 employees, and asked staff to return with a revised, two-question version for smaller applicants while keeping the full application for larger projects.
Daytona Beach's Economic Development Advisory Board on Wednesday reviewed the city's economic incentive application and directed staff to simplify it for smaller local businesses while retaining the full form for large recruitment projects. Board members said the current application mirrors the State of Florida's form and contains technical fields that small companies may not be able to complete, creating barriers for hometown firms and early-stage expansions. Board members said the simplified track should target firms with roughly 10 to 50 full-time employees and focus on the core decision factors: whether the company is considering other locations and why it is interested in locating or…
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