Programs & Incentives

Local Programs & Incentives

A variety of local, state, and federal programs and incentives are available to businesses that locate, expand, and do business in the City of Cocoa:

  • Ad Valorem Tax Abatement Program
  • Annexation
  • Brownfields Redevelopment Program
  • Commercial Façade Program (Diamond Square CRA only)
  • Community Contribution Tax Credit
  • HUBZone Program
  • Opportunity Zones
  • Loan Interest Subsidy Program (Diamond Square CRA only)
  • Upstart Cocoa Forgivable Loan
  • Workforce Training and Education

Please refer to the links on the left for the detailed information pertaining to each program.


State Incentives

State incentives are managed by Enterprise Florida, which is overseen by the Florida Department of Economic Opportunity.

For detailed information on State incentives available to qualified targeted industries, visit Enterprise Florida.