Gov. Ron DeSantis wasted little time announcing the state has $40 million for economic development projects his office can fund during the fiscal year that began Monday. The governor’s office sent out a news release Monday morning noting that applications were being accepted for the Job Growth Grant Fund, which was created under former Gov. Rick Scott as an alternative to giving incentive money directly to companies that promised to bring new jobs and facilities to the state. Money from the fund is supposed to go for job training and public infrastructure projects. The $40 million is part of the state’s $90.98 billion budget for the 2019-2020 fiscal year that took effect Monday.
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