Diverse Industry clusters include several world-class, highly specialized ones such as photonics/optics, modeling, simulation & training, next-generation biofuels, aerospace, medical devices, and others.
Dynamic R&D Activity and Innovation Center: federal and private research organizations spend more than $7 billion on R&D in Florida every year and that number continues to grow.
Florida is host to regional and hemispheric headquarters of companies from all over the world, a vibrant international banking center and a diplomatic hub with a Consular Corps representing some 80 nations. A leader in attracting foreign direct investment, ranking 5th amongst all U.S.s
Florida placed in the top 5 for both Entrepreneurial Activity and Economic Dynamism in the Kaufmann Foundation’s 2010 New Economy States rankings. The Small Business & Entrepreneurship Council consistently ranks Florida as one of the leading states for favorable policy environment towards entrepreneurs and small businesses.
Labor market is one of the largest in the nation. Florida’s labor force is also more affordable compared to other competitive high-tech states, thanks to a favorable tax structure and a lower cost of living. Florida’s labor market is particularly strong in high value added businesses, including high tech industries and international trade. Ranked 5th in the nation for high tech employment by TechAmerica’s Cyberstates report, Florida boasts nearly 267,500 high-tech workers. The talent pool is also deep in workers with advanced degrees and those specializing in healthcare. Customized workforce training programs and incentive to corporations. More labor information on Appendix C.
Pro-business tax structure, limited corporate taxes, no personal income tax, no property tax on businesses in targeted industries, tax breaks for locating in rural and urban Enterprise Zones or on Brownfields sites. Business-friendly government, tax advantages, incentives, access to capital and expedited permitting.
4th largest state in terms of population and income and 20th largest market area in the world. 90 million visitors annually. Modern infrastructure; ports, airports, train and roads. Port to South and Central America. Merchandise trade valued at $162 billion flowed through Florida’s airports and seaports in 2012, making the state one of the world’s leaders in international trade.
Cost of Living: low tax environment, modern amenities and quality public services. Education; 4th amongst all states for workers with bachelor’s degree, University and Colleges Committed to Business. Recreation: With over 1,300 golf courses, a multitude of white sandy beaches, unique shopping experiences, and thousands of lakes, local and regional parks and recreation areas, Florida has something for everyone. Add to that a myriad of cultural amenities, world-class theme parks, and sporting events and you have a clear recipe for a well-rounded and rewarding lifestyle.
Art & Culture: Florida is home to professional musicians and orchestras, dance troupes, literary legends, and world-class entertainment, as well as a multitude of art, science and history museums.