Rural Community Investment Program

Administered by FloridaCommerce (Florida Department of Economic Opportunity) · Florida

BENEFIT

Negotiated / contact agency

Deadline type: rolling

Eligibility Requirements

1Provides tax credits against corporate income tax or insurance premium taxes
2Encourages investment in rural business investment companies
3Must invest in eligible businesses in rural communities
4Must be located in rural areas throughout Florida

Eligible Project Types

Small BusinessAgriculture

STACKING POTENTIAL

Rural Community Investment Program is stackable — it can be combined with other federal, state, and local programs on the same project. Michigan and Ohio projects commonly stack this program with Federal Historic Tax Credit, New Markets Tax Credit, and Opportunity Zone deferral to maximize total incentive value. Use GrantRadar to see your full stack.

AFTER YOU WIN

View the Rural Community Investment Program compliance checklist →

Reporting deadlines, vendor rules, and the disallowed-cost pitfalls that trigger clawbacks.

Source: FloridaCommerce (Florida Department of Economic Opportunity) official program page ↗ · Last verified 2026-06-23

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STACKABLE WITH

Michigan Community Revitalization Program

Up to $10M · Direct Grant

Michigan Historic Preservation Tax Credit

25% credit · Tax Credit

Michigan Brownfield TIF

Negotiated / contact agency · Tax Increment Financing

Michigan Business Development Program

Up to $10M · Direct Grant

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