Florida, Facing a $2B Budget Shortfall, Weighs Scrapping ‘Innovation Incentive’ | GenomeWeb
A looming $2 billion budget gap has put in jeopardy Innovation Incentive, Florida’s costliest economic-development subsidy, as lawmakers weigh how the state can best use its economic-development muscle as it seeks to grow its life-sciences cluster.
 
For the year that begins July 1, the state Senate is proposing to slash funding for the fund — created in 2006 to stimulate development of larger projects in the life sciences and other technologies — to $25 million from the $250 million that is currently budgeted.

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