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Industrial Development Authority 2017-05-11T19:47:46+00:00

Lee County Industrial Development Authority

 

ida

Lee County Industrial Development Authority 

This seven-member board appointed by the Lee County Commissioners is tasked with fostering industrial and business development, and encouraging both change to local and relocating companies to explore the use of Industrial Development Revenue Bonds (IDRBs) to finance their projects. The IDRBs provide a source of long-term, below-market-rate financing for new and expanding manufacturing facilities. Click here for more information on IDA Bond guidelines.

The Lee County Industrial Development Authority (IDA) serves as the initial entry point into the Industrial Development Bond application process.  The IDA also reviews incentive applications for local approval of Florida’s Qualified Target Industry Tax Credit incentive program, and the Lee County Job Opportunity Program.

The board was established in 1975, under Part III of Chapter 159 of the Florida Statutes, and each Industrial Development Authority board member is appointed to a four-year term.

Lee County Gold Key Grant Program

The Lee County Economic Development Office, along with the Lee County Industrial Development Authority will now offer financial assistance to small businesses leveraging the US Commercial Services Gold Key Matching service. To learn more about the comprehensive  Gold Key program, you can visit the US Commercial Services site here.  To review and submit an application for the Lee County Grant, you can access our application addendum here..

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