Mayor Buckhorn Endorses Reforms for Enterprise Florida

11/16/15
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Today, Mayor Bob Buckhorn announced his support for Governor Scott’s proposed reforms to Enterprise Florida, including a streamlined approval process and the creation of the Florida Enterprise Fund.

Enterprise Florida is a public-private partnership between Florida’s business and government leaders and is the leading economic development organization for the state of Florida. Enterprise Florida’s mission is to expand and diversify the state’s economy through job creation by focusing on the pursuit of new and expanding business.

“Enterprise Florida is a valuable resource to Tampa and their efforts have paid off for our city through the creation of well-paying jobs brought by respected employers such as Johnson & Johnson, Bristol Myers Squibb, Ashley Furniture and others,” said Mayor Bob Buckhorn. “The strong partnerships between Enterprise Florida, the City of Tampa, and the Tampa Hillsborough Economic Development Corporation are key factors in how Tampa continues to lead the state in job creation.”

The proposed reforms to Enterprise Florida include creating a new competitive fund called the “Florida Enterprise Fund” to replace the existing escrow account and allow the state’s investment to accrue more interest, increasing the Legislature’s role in competing for job creation projects and, streamlining the state’s approval process while continuing to ensure that no tax dollars leave the state trust fund until a company meets the specific job creation goals spelled out in their contract.

For additional information, please contact: 
Ashley Bauman, Public Affairs Director
(813) 274-8262
Ashley.bauman@tampagov.net