Healthcare

State and local incentive programs change over time. Healthcare, life sciences, biomedical, and health technology companies should contact the Office of Economic Vitality and FloridaCommerce to confirm current programs, eligibility thresholds, job creation requirements, wage standards, application timelines, and local match considerations.

Leon County includes multiple federally designated Opportunity Zones. Healthcare, life sciences, clinic, and community health investments located in eligible census tracts may be able to benefit from federal Opportunity Zone rules. Companies and investors should verify tract eligibility and current federal requirements before relying on Opportunity Zone benefits.

Florida's Rural Health Transformation Program is supported by the Centers for Medicare & Medicaid Services (CMS) and led by Florida's Agency for Health Care Administration (AHCA). The program is designed to strengthen rural healthcare delivery, improve access to care, support new care models, improve financial visibility, and advance technology-enabled healthcare solutions across rural communities. For healthcare providers, technology companies, workforce partners, community organizations, and regional collaboratives, this creates potential opportunities around rural clinics, specialty and acute care access, behavioral health, data sharing, cybersecurity, remote care, workforce development, and care coordination. This program is especially relevant to the Capital Region because Tallahassee is surrounded by rural counties that depend on regional healthcare, workforce, public health, and technology partnerships. Funding opportunities, eligibility, regions, timelines, and application requirements should be confirmed directly with AHCA, CMS, the Office of Economic Vitality, and qualified advisors.

Florida offers a corporate income tax credit for eligible businesses based on 10% of excess qualified research expenses over a statutory base amount. Healthcare, life sciences, pharmaceutical, biomedical, and health technology companies should confirm eligibility, caps, application windows, and availability with FloridaCommerce, the Florida Department of Revenue, and qualified tax advisors.

FSU, FAMU, and other regional academic partners may offer opportunities for sponsored research, clinical education, technology transfer, licensing, workforce partnerships, student engagement, and SBIR/STTR-related collaboration. Healthcare and life sciences companies should connect with the appropriate university office, department, or research partner to explore fit.

Some business incentives are location-specific and may apply to properties located within designated Community Redevelopment Areas. These resources may support storefront improvements, façade upgrades, signage, exterior lighting, commercial renovation, property improvements, mixed-use redevelopment, and eligible new construction. Eligibility, funding availability, matching requirements, application review, and approval are determined by the Tallahassee CRA. CRA incentives are location-specific and subject to eligibility, funding availability, matching requirements, application review, and CRA approval. Businesses and property owners should confirm whether the property is located within a designated CRA district before relying on these resources.

Supports eligible exterior improvements to commercial buildings located within the Tallahassee Community Redevelopment Area. Examples may include signage, exterior painting, pressure cleaning, awnings, exterior lighting, landscaping, hardscaping, and other approved exterior improvements.

Supports eligible commercial property improvements, including construction, renovation, expansion, and installation of permanent improvements to commercial buildings. Improvements may be exterior, interior, or both.

May support eligible new construction projects within a CRA redevelopment district, including mixed-use, multifamily, or commercial projects. Projects are evaluated case by case and must align with the applicable CRA redevelopment plan and legal requirements.