Economic Development - City of Boca Raton

The Perfect Blend of Business and Pleasure

The City of Boca Raton recognizes the importance of supporting the business community and facilitating economic development programs to create and maintain economic sustainability.

In 2014, an Economic Development Fund was created and funded.  One of the primary uses of this fund is to provide incentives for companies seeking to relocate to the City or to expand their existing business within the City. Based on the criteria listed in the Economic Development Incentive Policy, including the number of jobs created and/or retained, the average job salaries and the capital investment in the community, the City can provide financial incentives. These financial incentives include local matches for state economic development programs, grants and/or loans and subsidized leases. Under this policy, the City can also provide non-financial incentives such as expedited permitting, groundbreaking ceremonies and ribbon cuttings.

To attract and retain businesses throughout Boca Raton, the City has established partnerships with the Florida Department of Economic Opportunity, Palm Beach County, The Business Development Board of Palm Beach County and The Boca Raton Chamber of Commerce

If you’re considering a business expansion or relocation, Boca Raton should be at the top of your list! 

Boca bowl logo

Boca Raton Bowl 

Coming December 2015 to FAU Stadium

On December 23, 2014, the City of Boca Raton hosted ESPN’s inaugural Boca Raton Bowl at FAU stadium. 

By all measures, the event was a huge success; even the weather was perfect!

It was estimated that the bowl game added $2.5 million into the local economy, including 5,000 room nights in area lodging and thousands of people patronizing local businesses.  Reportedly, 30,000 fans were in attendance at the sold out game and between 2 and 2.5 million viewers tuned in to the live broadcast on ESPN.

Best Place to Live

Boca Raton is the best city in Florida!

That opinion didn’t come from the Mayor’s office or the Chamber of Commerce, but from research conducted by 24/7 Wall Street.

The research reviewed data on the 550 cities in the country with populations of over 65,000. The list of America’s 50 most livable cities was measured using variables that included crime, economy, education, housing, environment, leisure, and infrastructure.

Boca Raton came in at #1 in Florida and at #11 nationally. 

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