20102015 Statewide Strategic Plan for Economic Development

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2010-2015 Statewide Strategic Plan for Economic
Development Update on Planning Process John
A. Adams, Jr.
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• Statewide Strategic Plan
• Roadmap to Floridas Future
• Build world-class talent
• Ensure business climate competitiveness
• Promote sustainable development
• Invest in Floridas innovation economy
• Enhance state as pre-eminent global hub
• Accelerate economic diversification

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OnLine Survey -- 300 10 Regional Forums --
over 1500 attendees -- on-line discussion
boards State and EFI Board Roundtables
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World Class Talent

• Education world-class, all levels, seamless
• Technical/workforce supply chain
• Niche area STEM

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Innovation

• Central focus for diversification/ future growth
  
• Entrepreneurship
• Link higher education to economic development
• Expanded incentive toolkit for innovation

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Global Economy

• Changing global landscape, increased
  competition
• Expand focus to new emerging markets (BRICs)
• Enhanced foundations Multimodal infrastructure,
  language skills

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Business Climate

• Predictable business costs
• Streamlined regulatory environment
• Small business

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Sustainable Development

• Growth leadership linked to infrastructure
• New needs water, energy, public transit,
  broadband, cultural amenities

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Diversification

• Continued investments in clusters - persistence
• Emerging technologies/opportunities
• Regionalism / mega-regionalism

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• www.eflorida.com/roadmap
• Regional Forum Highlights and Discussion
  Boards
• Next steps
• Synthesis, research, plan development
• EFI Board approval November 2009
• Delivery to Governor and Legislative Leaders by
  January 1, 2010

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TARGETED SECTORS

- The competitive edge -
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TARGETED SECTORS

• Aviation/Aerospace
• Clean Energy
• Emerging Technologies
• Financial Professional Services
• Headquarters
• Homeland Security/Defense
• Information Technology
• Life Sciences
• Manufacturing

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BANNER CENTERS
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SITE SELECTION FACTORS CORPORATE SURVEY
Source Area Development , March 2009
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STATEWIDE COMPETITIVE CHALLENGES

• Availability of workforce talent
• Access to capital
• Incentives
• Electrical costs
• Insurance

Trained with specific skill sets not cost
Local issues permitting, available land cost