2010-2015 Statewide Strategic Plan for Economic Development
Update on Planning Process
John A. Adams, Jr.
Statewide Strategic Plan:“Roadmap to Florida’s Future”
•Build world-class talent•Ensure business climate competitiveness•Promote sustainable development•Invest in Florida’s innovation economy•Enhance state as pre-eminent global hub•Accelerate economic diversification
On–Line Survey -- 300 +
10 Regional Forums -- over 1500 attendees -- on-line discussion boards
State and EFI Board Roundtables
World Class Talent Progress over past 3 years?
Some, Moderate, or Significant Progress
62%
No Progress or Lost Ground
29%
Priority relevant to Florida's future?
Agree or Strongly Agree 96%
Disagree or Strongly Disagree
3%
Education – world-class, all levels, seamless Technical/workforce supply chain Niche area: STEM
Innovation
Progress over past 3 years?
Some, Moderate, or Significant Progress
53%
No Progress or Lost Ground
38%
Priority relevant to Florida's future?
Agree or Strongly Agree 95%
Disagree or Strongly Disagree
5%
Central focus for diversification/ future growth Entrepreneurship Link higher education to economic development Expanded incentive toolkit for innovation
Global Economy
Progress over past 3 years?
Some, Moderate, or Significant Progress
54%
No Progress or Lost Ground
44%
Priority relevant to Florida's future?
Agree or Strongly Agree 87%
Disagree or Strongly Disagree
13%
Changing global landscape, increased competition Expand focus to new emerging markets (BRICs)Enhanced foundations: Multimodal infrastructure, language skills
Business Climate
Progress over past 3 years?
Some, Moderate, or Significant Progress
55%
No Progress or Lost Ground
37%
Priority relevant to Florida's future?
Agree or Strongly Agree 95%
Disagree or Strongly Disagree
5%
Predictable business costs Streamlined regulatory environment Small business
Sustainable Development
Progress over past 3 years?
Some, Moderate, or Significant Progress
48%
No Progress or Lost Ground
49%
Priority relevant to Florida's future?
Agree or Strongly Agree 98%
Disagree or Strongly Disagree
3%
Growth leadership linked to infrastructure New needs: water, energy, public transit,
broadband, cultural amenities
Diversification
Progress over past 3 years?
Some, Moderate, or Significant Progress
54%
No Progress or Lost Ground
42%
Priority relevant to Florida's future?
Agree or Strongly Agree 98%
Disagree or Strongly Disagree
3%
Continued investments in clusters - persistence Emerging technologies/opportunities Regionalism / mega-regionalism
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
TARGETED SECTORS
- The competitive edge -
• Aviation/Aerospace• Clean Energy• Emerging Technologies• Financial Professional Services• Headquarters• Homeland Security/Defense• Information Technology• Life Sciences• Manufacturing
TARGETED SECTORS
BANNER CENTERS
Florida State College at Jacksonville
Jacksonville Aviation & Aerospace
Lake City Community College
Lake City Logistics & Distribution
University of Florida Gainesville Biotechnology
Indian River State College Fort Pierce Energy
University of Central Florida Orlando Alternative Energy
Seminole Community College
Heathrow Digital Media
Polk State College Winter Haven Manufacturing
Indian River College Fort Pierce Homeland Security & Defense
SITE SELECTION FACTORS: CORPORATE SURVEY 1. Highway accessibility
2. Labor costs 3. Occupancy and construction costs 4. Tax exemptions 5. Energy availability and costs 6. Availability of skilled labor 7. State and local incentives 8. Corporate tax rate 9. Low union profile10. Available land
Source: Area Development , March 2009
STATEWIDE COMPETITIVE CHALLENGES
1. Availability of workforce – talent*2. Access to capital3. Incentives4. Electrical costs5. Insurance
*Trained with specific skill sets – not cost Local issues: permitting, available land & cost