Laserfiche WebLink
Comprehensive Plan Economic Development Element <br />o Local Training/Grant Assistance <br />Workforce Solutions will provide on-the-job training to employers to offset the costs associated <br />with new hires. The Grant serves as a cost effective way for local employers to hire quality <br />applicants by reimbursing up to 50% of the employee's salary during their training period. <br />o Employed Worker Training Grants <br />Workforce Solutions will provide grants to reimburse employers for up to 50% of direct training <br />costs to train current employees in new skills that may lead to greater productivity. The <br />employer chooses the training that meets company needs. Grants may be accessed through <br />Workforce Solutions. <br />o Recruitment/Assessment Services <br />At no cost, Workforce Solutions will assist businesses in finding qualified candidates who are <br />trained and equipped with the right skills to fill their positions. Professional Recruiters <br />efficiently recruit, screen and refer only qualified applicants to open positions. <br />Enterprise Zone <br />In 2005, Indian River County and the City of Vero Beach jointly established an Enterprise Zone <br />encompassing properties in and around the City of Vero Beach Municipal Airport and properties <br />within the Gifford Community (see map). An Enterprise Zone is an area designation approved by <br />the state to encourage new economic growth and investment in distressed areas. The state <br />accomplishes this in part by providing tax incentives to residents and businesses within Enterprise <br />Zones. Those tax incentives include: <br />■ Job Tax Credit (Sales Tax and Use Tax Credit or Corporate Income Tax Credit) <br />■ Sales Tax Refund (Refund of Sales Tax Paid on Certain Business Equipment/Materials) <br />■ Property Tax Credit (Applied to Corporate Income Tax) <br />■ Electrical Energy Sales Tax Exemption (Sales Tax Exemption on Electrical Energy) <br />■ Community Contribution Tax Credit (Florida Corporate Income Tax, Insurance Premium <br />Tax, or Sales Tax Refund). <br />Community Development Department Indian River County 28 <br />