Tradition and Innovation

A tradition of supporting innovation

Tradition in Port St. Lucie, is right in the middle of Florida’s flourishing Research Coast. Here, local government and business support a common vision to establish the region as a center for excellence in science and technology.

Florida has the fourth-largest workforce in the USA and experienced 268% growth in life sciences venture capital investment during the past decade. Leading research organizations are establishing a presence here, and TCI is committed to maintaining that momentum.

We work with government to expedite permits and get facilities functioning quickly. Besides low state taxes, we can access a compelling suite of incentives to support our innovation sector.

State incentives:

  • Qualified target industry tax refund
  • Capital investment tax credit
  • High-impact performance incentive grant
  • Quick response training program
  • Incumbent worker training program
  • Economic development transport fund

Port St. Lucie incentives:

  • Impact fee waivers
  • Job growth investment fund
  • Ad valorem tax abatement
  • Industrial development revenue bonds
  • Workforce solutions of the Treasure Coast