Seagate Completes Scotlynn’s Corporate Headquarters

FORT MYERS, Fla. (Aug.18, 2021) — Seagate Development Group has completed the development and construction of Scotlynn USA Division Inc.’s North American corporate headquarters at 9597 Gulf Research Lane in Fort Myers. In addition to eight acres of site improvements and a road extension, crews built a 60,000-square-foot, class-A multinational transportation and logistics facility –…

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Water Quality: Implications for Real Estate and Development in Southwest Florida

FORT MYERS, FL – The 2021 REIS Real Estate Symposium takes a comprehensive look at water quality and the implications for real estate and economic development in Southwest Florida.  This timely program will be presented by the Real Estate Investment Society (REIS) and Lutgert College of Business at Florida Gulf Coast University (FGCU) on September 8th at FGCU.       Critical updates, expert insights,…

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SBA Portal Released to Streamline Forgiveness for Small PPP Borrowers

Key insights The SBA issued an Interim Final Review related to PPP loans of $150,000 and less. A COVID revenue reduction score was created to simplify adherence to the 25% revenue reduction requirement for second-draw PPP loans. The SBA created a Direct Forgiveness Portal to increase efficiency of the loan forgiveness process. The SBA created…

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New Proposal Would Terminate Employee Retention Credit for Q4 2021

Key insights The Employee Retention Credit may terminate after September 30, 2021. Recovery startup businesses would still qualify to claim the credit for the fourth quarter of 2021. The proposed Infrastructure Investment and Jobs Act would greatly change the qualifications for the Employee Retention Credit (ERC) for the remainder of 2021. If enacted, the ERC would no…

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Enterprise Holdings Awards $7 Million to Nearly 700 Nonprofits Working to Advance Social and Racial Equity

ST. LOUIS (July 29, 2021) – Enterprise Holdings, through the Enterprise Holdings Foundation, is awarding its inaugural local Enterprise Holdings ROAD Forward grants to nearly 700 nonprofit organizations addressing social and racial equity gaps facing youth and families in communities across the globe. Combined, the grants total more than $7 million in 2021.  Today’s announcement is another step…

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Tamiami Angels Invest in Medical Software Firm

NAPLES, Fla. — Angel investors from Southwest Florida invested in Galen Data, a company that has developed software to securely connect medical devices online. Members of Tamiami Angel Fund IV invested $300,000 in Galen Data, the third investment for the members of Tamiami Angel’s newest fund. Galen Data, based in Houston, Tex., provides a turnkey…

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Governor DeSantis & DOT Secretary Thibault Announce $250 Million Port Stimulus Relief Allocation

TALLAHASSEE, Fla. (July 29, 2021) – Governor Ron DeSantis and Florida Department of Transportation Secretary Kevin Thibault today announced allocation plans for the $250 million in COVID-related financial relief for Florida’s seaports, spreading economic relief across the state’s 15 seaports. “This much needed financial infusion will help ensure Florida’s ports continue to deliver necessities to businesses…

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