Miami-Dade County - Targeted Jobs Incentive Fund

July 18, 2021


The Targeted Jobs Incentive Fund (TJIF) provides financial incentives for select industries, including solar thermal and photovoltaic manufacturing, installation and repair companies that are relocating or expanding within Miami-Dade County. The program is administered by the Beacon Council.  To be eligible, new or expanding companies relocating to Miami-Dade County must create at least 10 new jobs with salaries equal to or exceeding 100% of the state annual average wage, and make a capital improvement of at least $3 million.

Qualifying industries include:

  • Advanced Manufacturing
  • Aviation/Aerospace
  • Clean Energy,
  • Financial/Professional Services
  • Homeland Security/Defense
  • Information Technology
  • Life Sciences
  • Creative Industries
  • Global Logistics
  • Corporate Headquarters

Miami-Dade County will provide a qualifying company a property tax credit up to 1.7% of total real property capital investment or 1.15% of the tangible personal property capital investment. Incentives will be paid over a six year time period. Incentive award cannot exceed more than the revenue generated by the TJIF project over the same six year time period.

Additional incentive opportunities for eligible real property and tangible personal property are as follows:

  • 17.5% of capital investment bonus for each new job if the Company is located in a Designated Priority Area.
  • 17.5% of capital investment bonus for each new job if the Company is a "Green Certified" business in Miami-Dade County.
  • 5% of capital investment bonus for companies that operate their businesses out of buildings or facilities that qualify as "green construction" or that incorporate an alternative energy system. Specifically, a company can receive a bonus of up to $1,000 if the company operates its business out of a building or facility which qualifies as "green construction" and is certified through the Leadership in Energy and Environmental Design (LEED) Green Building Rating System by the Florida Green Building Council or by the U.S. Green Building Council; and an additional bonus of up to $500 if the company operates its business in a building or facility which incorporates energy generated by solar thermal, solar photovoltaics, fuel cells, and/or co-generation. The alternative energy systems, with the exception of solar thermal, must be grid connected to the local utility in order to qualify.
  • 5% of capital investment bonus, if the company manufactures, installs or repairs solar thermal or photovoltaic systems.

 All incentive disbursements will occur after jobs are created, capital investments are made and a qualifying company has paid taxes.

Program Overview

Implementing Sector: Local
Category: Financial Incentive
State: Florida
Incentive Type: Industry Recruitment/Support
Web Site:,of%20at%20least%20%243%20million.
Administrator: Miami-Dade County, District 8
Start Date: 5/2005
Eligible Renewable/Other Technologies:
  • Solar Thermal Electric
  • Solar Photovoltaics
  • Combined Heat & Power
Incentive Amount: Varies
Terms: Must be a new-to-market or expanding Photovoltaic or Solar Thermal Manufacturer, Installation, and/or Repair Company in program area


Name: Ordinance Amending Targeted Jobs Incentive Fund to Incorporate Solar Industry Incentives
Date Enacted: 05/2005
Expiration Date: 5/12/2015
Name: Ordinance Amending the County's Targeted Jobs Fund Program
Date Enacted: 2/1/2011
Effective Date: 2/1/2011


Name: The Beacon Council
Organization: The Beacon Council
Address: 80 Southwest Eighth Street, Suite 2400
Miami FL 33130
Phone: (305) 579-1300

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.