Programs & Incentives

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The City of Palm Bay offers a variety of programs to help grow and sustain business and industry within the community. The City is actively pursuing new commercial and industrial development, diversifying the industry base, creating new job opportunities, and providing for a more stable tax base.

In addition, the City is focused on encouraging redevelopment of key corridors in the City to include Palm Bay Road, Malabar Road, Babcock Road, U.S. 1/Dixie Highway, Port Malabar Boulevard, Robert J. Conlan Boulevard, and Lipscomb Road to name a few.

The City strives to leverage available State and Federal resources where possible to encourage smart and sustainable development. State incentives are managed by Enterprise Florida, which is overseen by the Florida Department of Economic Opportunity. For detailed information on State incentives available to qualified targeted industries, visit Enterprise Florida.

Contact the City to see if your business or development project qualifies under any of the available local, State, or Federal programs.

The City of Palm Bay is a member and partner of the Economic Development Commission (EDC) of Florida’s Space Coast, the official public-private economic development partner for Brevard County. The EDC administers separate programs and initiatives for which you may qualify. Contact the City or EDC to learn more.