Regional Rural Development Grant Program

How does the Regional Rural Development Grant Program affect Florida businesses?

The Regional Rural Development Grant Program promotes economic development and growth in rural areas of Florida. This program provides financial assistance to businesses operating in these regions, helping them expand their operations, create new jobs, and positively impact local economies. Accordingly, the program helps diversify local economies and reduce unemployment.

Florida businesses can benefit from the Regional Rural Development Grant Program by accessing funds to invest in infrastructure, workforce development, and other essential aspects of their operations. This support can help businesses remain competitive in their respective industries and contribute to the overall economic well-being of their communities.

Need help regarding economic development incentives? Schedule your consultation today with a top economic development attorney.

Which Florida laws and regulations apply to the Regional Rural Development Grant program?

Section 288.018, Florida Statutes, created the regional rural development grant program. The statute outlines what must be included in an application for funding, including the following:

• A current organizational strategic plan;
• Letters of support and documentation of financial or in-kind support from each partner listed on the application; and
• A complete organizational budget.

Which Florida businesses qualify for this program?

Eligible applicants include economic development organizations comprising two or more contiguous rural counties that agree to establish an economic or tourism development office cooperatively. An organization may receive up to $50,000 or $250,000 if representing two or more rural counties.

When a set of facts is appropriate to meet the requirements of the Regional Rural Development Grant program, there are many paths a claimant may take. We are value-based attorneys at Jimerson Birr, which means we look at each action with our clients from the point of view of costs and benefits while reducing liability. Then, based on our client’s objectives, we chart a path to seek appropriate remedies.

To determine whether your unique situation may necessitate litigation, please contact our office to set up your initial consultation.

What are the strategic benefits for qualifying Florida businesses?

• Access to Capital: Businesses may secure financing they may not have been able to obtain through traditional sources.
• Job Creation: The program supports businesses in their growth, creating new job opportunities.
• Business Expansion: With increased access to capital, businesses can expand their operations, invest in new equipment, or enter new markets.
• Innovation: The program may foster innovation by helping businesses fund research and development projects.
• Collaboration: Businesses can partner with companies, educational institutions, or government agencies.

Please contact our office to set up your initial consultation to see what actions or defenses may be available for your unique situation.

Have more questions about an economic development-related situation?

Crucially, this overview of the Regional Rural Development Grant program does not begin to cover all the laws implicated by this issue or the factors that may compel the application of such laws. Every case is unique, and the laws can produce different outcomes depending on the individual circumstances.

Jimerson Birr attorneys guide our clients to help make informed decisions while ensuring their rights are respected and protected. Our lawyers are highly trained and experienced in the nuances of the law, so they can accurately interpret statutes and case law and holistically prepare individuals or companies for their legal endeavors. Through this intense personal investment and advocacy, our lawyers will help resolve the issue’s complicated legal problems efficiently and effectively.

Having a Jimerson Birr attorney on your side means securing a team of seasoned, multi-dimensional, cross-functional legal professionals. Whether it is a transaction, an operational issue, a regulatory challenge, or a contested legal predicament that may require court intervention, we remain tireless advocates at every step. Being a value-added law firm means putting the client at the forefront of everything we do. We use our experience to help our clients navigate even the most complex problems and come out the other side triumphant.

If you want to understand your case, the merits of your claim or defense, potential monetary awards, or the amount of exposure you face, you should speak with a qualified Jimerson Birr lawyer. Our experienced team of attorneys is here to help. Call Jimerson Birr at (904) 389-0050 or use the contact form to schedule a consultation.