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Council approves incentive package aimed at bringing D Wave headquarters, 100 jobs and FAU partnership
Summary
On a 5‑0 vote the council approved consent agenda items including an economic incentive package to attract D Wave Commercial’s corporate headquarters to Boca Raton. Staff said the incentive is tied to a 100‑job commitment (average salary about $125,000) and to a $20 million commercial research partnership with Florida Atlantic University.
The City Council approved the consent agenda Wednesday, which included an incentive agreement for D Wave Commercial to locate its corporate headquarters in Boca Raton.
City staff described the package as a performance‑based incentive rather than an up‑front cash payment: the $500,000 incentive is paid over time as the company meets milestones tied to…
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