High Impact Performance Incentive Grant (Florida)
Last modified on February 12, 2015.
|Applies to States or Provinces||Florida|
|Name||High Impact Performance Incentive Grant (Florida)|
|Policy Category||Financial Incentive|
|Policy Type||Grant Program|
|Affected Technologies||Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy|
|Program Administrator||Enterprise Florida|
The High Impact Performance Incentive Grant (HIPI) is a negotiated grant used to attract and grow major high impact facilities in Florida. Grants are provided to pre-approved applicants in certain high-impact sectors such as clean energy. Projects must create at least 50 new full-time jobs in a three-year period, and make a cumulative investment in the state of at least $50 million in a three year period. The business can be granted 50% of the eligible grant upon commencement of operations.
|Address||800 N. Magnolia Ave. Suite 1100|