Nassau County

What Nassau County does

The Nassau County Economic Development Board (NCEDB) is a quasi-governmental economic development organization operating under the authority of the Nassau County Board of County Commissioners in Florida. The organization functions as the single point of contact for businesses considering relocation or expansion in Nassau County, delivering site selection services, business retention and expansion (BRE) outreach, workforce development coordination, and incentive navigation at no cost to the prospect. Its service portfolio includes an Economic Development Grant (EDG) program requiring minimum $1 million capital investment or 10 new high-wage jobs, a RISE Pilot offering up to $20,000 in fee credits for small businesses, the Nassau Industry Network initiative for manufacturing support, and interactive site selection mapping tools.

NCEDB's core "infrastructure" is geographic and industrial rather than technological: a 400-acre McCallum-Sweeney certified mega-site (Crawford Diamond Industrial Park) with dual Class I rail frontage from CSX and Norfolk Southern, a 131-acre Wildlight Commerce Park approved for 1.3 million square feet of industrial space, and access to the Port of Fernandina (45 minutes from dockside to open ocean) at the I-95/I-10 intersection. The organization is staffed by a small professional team of four to five members led by Executive Director Sherri Mitchell, and is funded through a hybrid public-private model combining contributions from tiered private investors (Champion, Elite, Master, Competitor), appropriations from the Nassau County Board of County Commissioners, and state economic development grants including awards exceeding $9 million from the Florida Job Growth Grant Fund.

The customer base NCEDB serves is composed of prospective and existing employers across target verticals — manufacturing, logistics and distribution, defense and homeland security, aerospace and aviation, headquarters operations, life sciences, cleantech, and financial services — drawn to the county by intermodal connectivity, Florida's no-state-income-tax structure, and a regional workforce that is 14% military veterans versus 7% nationally. Major existing employers include WestRock (673 employees), The Omni Amelia Island (920 employees), The Ritz-Carlton Amelia Island (673 employees), Baptist Medical Center Nassau (500), the FAA Jacksonville Air Traffic Control Center (490), and Rayonier Advanced Materials (300, headquartered in Wildlight).

Name

Nassau County

Legal name

Nassau County Economic Development Board

Website

https://nassauflorida.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

1–10 employees

Short description

The Nassau County Economic Development Board is a quasi-governmental organization that provides no-cost site selection, business retention and expansion, workforce development, and incentive navigation services to companies relocating to or expanding within Nassau County, Florida.

Ownership category

akta.pro rank

Product category

Economic Development Services

NAICS

Administration of Housing Programs, Urban Planning, and Community Development (9251), Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors (92615), Administration of Urban Planning and Community and Rural Development (925120)

SIC

Real Estate Operators (No Developers) & Lessors (6510), Services-Facilities Support Management Services (8744)

akta.pro primary industry

Economic Development & Business Licensing (Local) (BPAIACAN)

akta.pro secondary industry

State/Provincial Licensing, Permitting & Regulatory Administration (Cross-sector) (BPAIABAO)

Keywords

• Economic development services
• Business site selection
• Workforce development programs
• Industrial property marketing
• Business retention expansion

Headquarters

HQ city

Yulee

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Others

Revenue model

1. Private Sector Investment: Private-public partnership funded by investor contributions from Champion, Elite, Master, and Competitor investor tiers. Investors include major employers and organizations that fund economic development initiatives.
2. Government Funding: Funded through support from Nassau County Board of Commissioners, local municipalities, and state economic development programs including Florida Job Growth Grant Fund.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels11 records

Core offering

The Nassau County Economic Development Board (NCEDB) provides economic development services for Nassau County, Florida, acting as the unified voice and single point-of-contact for businesses considering relocation or expansion. Core offerings include site selection assistance, business incentive programs (Economic Development Grant, RISE Pilot), the Business Retention & Expansion program, workforce development coordination, and promotion of industrial properties such as Crawford Diamond Industrial Park and Wildlight Commerce Park.

Product overview

The Nassau County Economic Development Board (NCEDB) provides a unified suite of economic development services focused on business attraction, retention, and expansion in Nassau County, Florida. The organization offers site selection assistance, workforce development programs, business incentives guidance, and community promotion services. Core programs include the Economic Development Grant (EDG), the RISE pilot program for small business fee credits, the Business Retention & Expansion (BRE) program, and the Nassau Industry Network for manufacturing support. These services are delivered through direct consulting, partner coordination, and community events rather than a software product platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Site Selection Services
• Economic Development Grant (EDG)
• RISE Pilot Program
• Business Retention & Expansion (BRE) Program
• Nassau Industry Network
• Workforce Development Services
• Wildlight Commerce Park
• Crawford Diamond Industrial Park
• Utility Access Coordination

Quantifiable outcome

• 60 million consumers within 8-hour drive
• +4 more outcomes

Named customers15 records

Segments8 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

23 partnerships are on record, tiered core, key, champion investor, master investor and elite investor.

• Florida State College at Jacksonville (FSCJ) Nassau CentercoreStrategic or Co-development PartnerEducational partnership providing workforce training programs, college credit classes, dual enrollment, and technical certifications. FSCJ Nassau Center offers EMT, Nursing, and Commercial Vehicle Driving programs. The 90,000 sq.ft. Lewis 'Red' Bean Technical Center supports career education and Quick Response Training.
• JEA (Jacksonville Electric Authority)keyOthersUtility partner providing water and sewer infrastructure in Yulee. One of Florida's largest utilities supporting business infrastructure needs.
• Florida Power & Light (FPL)keyOthersElectric utility provider serving Yulee and Callahan with clean energy profile and reliability. Owner of Crawford Diamond Industrial Park. Partnered on FPL Nassau Solar Energy Center and Thomas Creek Solar Energy Center.
• CareerSource Northeast FloridacoreStrategic or Co-development PartnerRegional workforce board providing candidate sourcing, training services, and access to tax incentives for employers. Assists businesses during relocation transitions with job analysis, customized training, workplace education, and outplacement services.
• Baptist Medical Center Nassauchampion investorOthersHealthcare provider and Champion investor. Part of Baptist Health System providing healthcare services to the community and employees of Nassau County businesses.
• HCA Florida Healthcarechampion investorOthersHealthcare provider and Champion investor. HCA Florida Memorial Hospital serves the healthcare needs of the community and workforce.
• Raydient Places + Propertieschampion investorOthersMaster-planned community developer and Champion investor. Developing Wildlight community including commercial, retail, and residential properties for business and workforce.
• Rayonierchampion investorOthersTimber REIT and Champion investor. Second-largest timber REIT with headquarters in Wildlight, FL. Nearly 80 years operating in Nassau County.
• SelectFloridacoreStrategic or Co-development PartnerState economic development organization partnership for international trade, export assistance, and business recruitment. NCEDB refers businesses for state export grants and international trade programs.
• JAXUSA PartnershipcoreStrategic or Co-development PartnerRegional economic development partnership for Northeast Florida business recruitment, workforce development, and regional marketing initiatives.
• Okefenoke Rural Electric Membership Corporation (OREMC)keyOthersElectric utility provider serving western Nassau County including Callahan and Hilliard with dedicated business support.
• Florida Public Utilities (FPU)keyOthersElectric and natural gas utility serving Amelia Island and partnering with commercial users for energy-efficient growth.
• Small Business Development Center (SBDC)coreStrategic or Co-development PartnerNo-cost consulting and training for entrepreneurs and small businesses including business startup assistance, government contracting support, and disaster preparedness. SBDC consultant Jodi Henson provides personalized support to Nassau County businesses.
• University of Florida Healthmaster investorOthersHealthcare provider and Master investor. UF Health Wildlight provides medical services in the Wildlight community.
• Nassau County Board of County CommissionerscoreOthersGoverning body providing funding, support, and strategic direction for economic development initiatives. Approves Economic Development Grant applications and supports infrastructure development.
• Nassau County Chamber of CommercekeyChannel Partner/ Reseller/ DistributorLocal chamber serving Amelia Island area providing business resources, programs, and advocacy for the local business community.
• West Nassau Chamber of CommercekeyChannel Partner/ Reseller/ DistributorLocal chamber serving western Nassau County providing business resources, programs, and advocacy for the local business community.
• First Federal Bankelite investorOthersElite investor and regional bank providing financial services. Named Newsweek's Best Small Bank in Florida 2021.
• CSXkeyOthersClass I railroad providing freight rail service. Dual Class I rail frontage at Crawford Diamond Industrial Park along with Norfolk Southern.
• Norfolk SouthernkeyOthersClass I railroad providing freight rail service. Dual Class I rail frontage at Crawford Diamond Industrial Park along with CSX.
• First Coast Railroad (Genesee & Wyoming)keyOthersClass III short line railroad offering 32 miles of leased track from CSX linking Port of Fernandina to Yulee with connections to JAXPORT.
• Nassau Industry NetworkkeyStrategic or Co-development PartnerNCEDB initiative championing growth of local manufacturers through Promotion, Advocacy, Connecting, and Educating. Supports workforce development, industry certification, and manufacturing awareness.
• First Coast Manufacturers Association (FCMA)keyStrategic or Co-development PartnerRegional professional trade association assisting manufacturing companies with customized training and advocating for manufacturing industry workforce development.

Scale indicators16 records

Recent moves6 records

Expansion highlights5 records

Others

• CareerSource Northeast Florida: Regional workforce development board that NCEDB partners with for talent pipelines, customized training, and tax-incentive administration. Functionally adjacent rather than competitive.
• SelectFlorida: State of Florida's international trade and export assistance partner, working with NCEDB on prospect referrals and grant programs. Closely aligned mission at the state level.

Broad incumbents

• Greater Houston Partnership: Large regional economic development organization offering site selection, research, advocacy, and incentive negotiation analogous to NCEDB's role but at metropolitan scale. Relevant benchmark for capability benchmarking rather than direct competition.
• Greater Phoenix Economic Council: Western U.S. regional EDO pursuing manufacturing/logistics relocations with similar mega-site, workforce, and incentive levers. Useful peer for capability benchmarking against NCEDB's mega-site-driven strategy.
• Enterprise Florida: Statewide public-private economic development organization for Florida, serving as the umbrella partner for NCEDB through SelectFlorida and FloridaCommerce programs. Operates the same business-attraction and incentive mandate at scale across the state.

Direct peers

• JAXUSA Partnership: Regional economic development partnership serving Jacksonville and Northeast Florida, with overlapping investor base (CSX, JEA, FPL, CSX/Norfolk Southern partners) and direct collaboration with NCEDB through co-investor/marketing arrangements. Highly comparable mission and tooling for the same regional prospects.
• Pinellas County Economic Development: Florida county economic development office offering comparable site selection, business retention/expansion visits, and incentive coordination. Another in-state peer competing for the same pool of Florida relocations and expansions.
• Lee County Economic Development Office: Southwest Florida county-level EDO with a similar tourism-plus-manufacturing employer base and comparable business attraction, retention, and workforce development programs. Directly comparable in scale and service model to NCEDB.
• Volusia County Economic Development Division: Adjacent Florida county economic development office providing site-selection assistance, BRE programs, and workforce connections. Competes with NCEDB for the same Florida business relocation pipeline.
• Tampa Bay Economic Development Council: County-level economic development organization serving Hillsborough and Tampa Bay region with site selection, incentive negotiation, and BRE services paralleling NCEDB. Comparable Florida county-EDO structure and target industry mix (advanced manufacturing, logistics, life sciences).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/NassauFL
• Facebookfacebook.com/ncedb
• LinkedInlinkedin.com/company/nassau-county-economic-development-board

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nassau County