Funding under the IRREF Grant Program is limited to businesses considering locating or expanding in a Disproportionally Affected County of Northwest Florida, and for which there is significant interstate or international competition that cannot be met by other State and local economic development incentives. The IRREF Grant Program is intended to supplement state and local economic development incentives when attempting to entice medium and large enterprises - particularly those in Florida's targeted industry clusters or strategic areas of emphasis - to locate or expand their business operations within a Disproportionally Affected County. The IRREF Grant Program is not intended to substitute for state and local economic development incentives.
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A Grant Program of the Governor and the Legislature of the State of Florida, administered by the University of West Florida's the Office of Economic Development & Engagement to aid the Disproportionally Affected Counties of Northwest Florida in their Economic Recovery from the Deepwater Horizon Oil Spill.