Tagged: Enterprise Florida

Measuring Success
7:00 am
Thu February 14, 2013

Gov. Rick Scott's 'Jobs, Jobs, Jobs' Agenda Coming Under Fire

Credit Integrity Florida
Last week, watchdog group Integrity Florida released a report that concluded questionable bonuses, conflicts of interest and a 'pay to play' mentality was hampering the efforts of Enterprise Florida, Florida's public-private job development agency. The increased scrutiny of what the state pays to lure companies to Florida come as lawmakers start to lay the foundation for the coming year's budget, against a backdrop of the governor's request for more spending on economic development.
Tax Incentives
2:00 pm
Tue January 29, 2013

State Asks For Half A Million To Reclaim $20 Million From Bankrupt Company

Credit openDemocracy /Flickr
Scene: Digital Domain filed for bankruptcy in 2012 after investors and state and local governments sunk a total of $135 million in cash, land and tax credits into the digital animation studio.

The Florida Department of Economic Opportunity is asking state lawmakers for half a million dollars in order to recoup a $20-million investment in the now-defunct digital animation studio, Digital Domain.

And according to local experts, Florida has a tough fight ahead to get its money back.

The state originally gave Digital Domain $20 million in incentives in order to lure the company--and jobs--to Port St. Lucie. Four months ago, the firm filed for bankruptcy, shut down and let go 300 Florida workers.

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Politics
9:00 am
Mon November 19, 2012

Why State Government Contracts Sometimes Go To Out-Of-State Companies

Credit Governor Rick Scott/flickr
Gov. Rick Scott is Chairman of the Enterprise Florida board. His first term in office has been focused on growing jobs in Florida, but another government contract recently went to an out-of-state firm.

Statewide media consultant Ron Sachs went on a Facebook rant after Florida companies were skipped over for a local government contract in Tallahassee.

“The Tallahassee Airport leadership outsourced - without competitive bidding - a web development contract for about $23-thousand to an Atlanta-based company.”

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