Economic Development Updates
Job / Career Fair
SEVMTC has partnered with CareerSource Flagler Volusia, the City of New Smyrna Beach, the City of Edgewater, and the City of Oak Hill for the Manufacturing and Technology Job Fair. Join us on Wednesday, April 10, 2024 from 3:00 pm - 7:00 pm at the Brannon Center in New Smyrna Beach.
Click here to register your business
Free and Open to the Public
City of Edgewater Visioning Survey
Thank you for participating in the City of Edgewater's second Community Vision Survey!
As part of this second survey, the City invited Edgewater citizens and stakeholders to provide feedback on the City's future direction to enhance the community assets, promote opportunities, and further define the community's identity. This survey allowed you to confirm and elaborate on what is most important to you and your community.
The survey closed March 1, 2024. Once all of the responses are tallied, the results will be presented in a public meeting to be scheduled soon.
Southeast Volusia Manufacturing & Technology Coalition
including the Cities of Edgewater, Oak Hill and New Smyrna Beach launches new video to help recruit workforce. To view: Click Here
New Business Resources Portal Launches!
Looking for assistance for your business? Do you need help with market research, mentoring & counseling, financial coaching, start & grow guides, workforce assistance or a networking calendar? We have the assistance that you need. Visit https://www.volusiabusinessresources.com/# today!
Opportunity Zone Programs
- In December 2017, President Donald Trump signed the Tax Cuts and Jobs Act of 2017, which created a new tool for community economic development, the Opportunity Zones program.
- This new tool provides tax incentives, including a temporary deferral on capital gains taxes, when investors reinvest those gains in qualified Opportunity Funds. The funds must in turn invest in low-income communities from designated census tracts, called Opportunity Zones.
- The act allowed the Governor of each state to nominate up to 25 percent of eligible low-income census tracts as Opportunity Zones.
- The U.S. Department of Treasury will be developing rules regarding the necessary qualifications of Opportunity Funds and eligible investments. More guidance about the funds and investments can be found at: Home Treasury - Press Release
- Here are more updates on the Florida Enterprise website: http://www.opportunityflorida.com/
- Map Showing Opportunity Zone boundaries (DEO) Click Here
