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Gov. Ron DeSantis has announced a $1.69 million award to the City of North Port through the Florida Job Growth Grant Fund for the installation of water and wastewater infrastructure across 500 acres at the Panacea Activity Center.
The City of North Port represents 20 percent of Sarasota County’s growth over the past 10 years, but 90 percent of the workforce commute to work outside the city’s borders.
The city is matching the state’s investment, resulting in a project that is estimated to create as many as 9,700 new, permanent jobs to support the area’s self-sufficiency.
The Florida Job Growth Grant Fund is an economic development program designed to promote public infrastructure and workforce training across the state. Proposals are reviewed by the Department of Economic Opportunity (DEO) and Enterprise Florida, Inc., (EFI) and chosen by the Governor to meet the demands for workforce training or infrastructure needs in communities around the state.
In 2020-21, $74 million in awards have been allocated for projects that focus on rapidly developing a highly skilled workforce and on infrastructure initiatives that attract businesses, create jobs and promote economic growth. The DEO and EFI are currently accepting proposals.