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Top 10 Reasons
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THE TOP 10 LIST: REASONS TO DO BUSINESS IN
METRO ORLANDO
There's a reason that Metro Orlando is consistently named among
the hottest markets in the nation for business and job growth. In
fact, there are many reasons! Here are our top ten
for companies located here:
- Young, Diverse, Educated
Workforce
- Access. Access.
Access.
- Top Location for
Entrepreneurs
- Real Estate
Variety
- Tech Industry Hub
- Innovation
Economy
- Nation's 3rd Largest
University
- Great
Neighborhoods
- Partnership
Philosophy
- The "Livability"
Factor
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| 1. Young, Diverse, Educated
Workforce |
Talk about the creative class ... Metro Orlando's population
diversity leads the rest of the nation by 35 years. Two-thirds of
our residents are under the age of 44, and nearly a third has
obtained a college degree. People from all backgrounds and walks of
life call Orlando home.
BENEFIT: The diversity of this region's workforce impacts its
ability to nurture innovative thinking and offer companies a
competitive advantage in the global marketplace. No matter what
level of skill is needed, Metro Orlando's labor pool is well
prepared. The region is home to the kind of well rounded and
highly-skilled employees that companies seek to help their business
thrive. And employers have access to state-sponsored workforce
training grant programs that allow them to keep their talent sharp
and on the cutting-edge in their respective fields.
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| 2.
Access. Access. Access. |
With almost 50 million visitors a year, Orlando has
perfected the art of getting to and from here. The region is home
to three international airports, including Orlando International
Airport which is the fourth largest origin & destination
airport in the U.S.; proximity to two deep water ports; and
extensive road and rail systems that connect here, in the heart of
the nation's third most populous state. All of that connectivity is
invaluable for business.
BENEFIT: From exporting products to meeting with
clients throughout the world, Metro Orlando offers businesses the
efficiency and access they need to grow.
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| 3. Top Location for
Entrepreneurs |
From Walt Disney to Glen L. Martin, Metro Orlando has a long
history of entrepreneurial activity. Unique resources such as the
Disney Entrepreneur Center – one of only two such centers in the
nation – and the University of Central Florida Technology Incubator
– ranked as one of the top incubators in the nation – help keep
this community among top locations for innovative companies and
entrepreneurs.
BENEFIT: Metro Orlando's support for entrepreneurs doesn't stop
with start-up companies. Metro Orlando is home to GrowFL, the state
of Florida's pioneering "economic gardening" program, which is
focused on identifying and nurturing high-potential, mid-sized
businesses in the second-stage of development.
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| 4. Real Estate Variety |
From ultra-modern high rises in downtown Orlando to
undeveloped acres in Lake and Osceola Counties and everything in
between, Metro Orlando offers a diverse array of commercial and
industrial real estate options. This region's robust inventory
includes over 150 million square feet of industrial space and over
77 million square feet of office space. And, unlike many other
established business centers, Orlando can still accommodate
build-to-suits with a variety of developable land parcels in the
region.
BENEFIT: The sheer quantity and diversity of
commercial and industrial property in Metro Orlando means that
companies growing in or relocating to the region are virtually
assured existing space or developable land suitable to their
specific needs. The amount of space and current associated costs
are very competitive with other regions around the country – making
Metro Orlando an affordable and attractive business location.
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| 5. Tech
Industry Hub |
Known across the globe as a world-class place to visit, it comes
as a surprise to many to discover that our region's second largest
industry is technology. In fact, the region boasts a high-tech
ecosystem that has been building here since the 1960s, and which
today boasts a $13.4 billion technology industry that employs close
to 53,000 people. Top sectors include film and digital media;
modeling, simulation and training; optics and photonics;
aviation/aerospace; and information technology. With the coming of
the UCF College of Medicine and emergence of our new 'medical
city', we are also gaining a reputation as a thriving center for
the life science/biotech industry.
BENEFIT: An established technology sector means that companies
growing or relocating to the area have immediate access to a
high-tech infrastructure that has been in place for decades. This
includes immediate access to a tech-savvy workforce, renowned
university research and development, unique partnership
opportunities and a wide variety of organizations and facilities
dedicated to helping technology-driven companies flourish.
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| 6. Innovation Economy |
From training systems keeping our soldiers and sailors overseas
out of harm's way, to medical advances in the treatment of
diabetes, to software driving financial institutions worldwide ...
Metro Orlando lives up to its reputation as a place that is
"putting imagination to work." Groundbreaking research at the
University of Central Florida has earned that institution its Top
10 ranking on IEEE's Patent Scorecard, which ranks technology
innovations gained from patents. But this culture of innovation
doesn't stop at UCF ... it continues through the region's modeling,
simulation and training companies who perform research for the
Department of Defense and into the life sciences industry at places
like the Burnham Institute for Medical Research and M. D. Anderson
Cancer Research Institute. In addition, the region is helping to
prepare the future workforce through initiatives like the STEM
initiative – science, technology, engineering and math; through
Florida High Tech Corridor Council's "tech path" program; and
through magnet schools that offer advanced technology based
curriculums beginning at area middle and high schools.
BENEFIT: Today's global economy is driven by innovation. Here in
Metro Orlando, we get that. So we could not be prouder to have been
called "most wired", "most connected", "fiercely competitive" and
"a mecca for geeks". This region provides the right mindset, along
with the virtual and real world connections, ideal for businesses
to capitalize on new ideas and new opportunities.
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| 7. Nation's 3rd Largest
University |
The University of Central Florida, with more than 53,000
students, is now the third largest university in the United States.
The University is also home to one of the nation's top Tech
Incubators and boasts more than $122 million in annual research
dollars, many of which are matched with company dollars in joint
research projects. And, the news gets even better; UCF is only one
of more than 35 post-secondary institutions based in the area. Also
here in Central Florida are Rollins College – ranked #1 regional
university in the south and #1 MBA program in the state; and three
of the state's best in the growing state college system –Valencia
Community College, Lake-Sumter Community College, and Seminole
State College; as well as Embry Riddle Aeronautical University, the
Florida A&M University School of Law, Barry University School
of Law, and the first stateside campus of Puerto Rican-based Ana G.
Mendez University.
BENEFIT: Metro Orlando's strong higher education system provides
companies with a steady flow of trained employees and access to a
variety of research and development opportunities. From technical
to doctoral levels, the many post-secondary institutions provide
educational programs in a wide variety of fields. Companies that
need employees with specialized skill-sets can also be confident in
the community's long history of partnership between academia and
business.
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| 8. Great Neighborhoods |
From rolling hills and lakeside lots to a downtown core that
boasts $1.8 billion in new residential development – Metro Orlando
truly offers a variety of lifestyle options that meet just about
everyone's needs. Long called "The City Beautiful" – Metro
Orlando's namesake city is known for its brick-lined streets, green
space and eclectic housing options. Further west and south are Lake
and Osceola counties respectively, which still offer "elbow room"
and are committed to preserving those environments. Heading north,
Seminole County is a thriving suburban area offering beautiful
communities, including two of Money magazine's top 100
places to live – Lake Mary and Oviedo.
BENEFIT: With over 4,000 square miles, Metro Orlando offers a
variety of lifestyle options and neighborhoods to choose from –
whether you seek a sophisticated urban highrise or a relaxing
countryside retreat – or both!
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| 9. Partnership Philosophy |
Orlando is a young, welcoming community. Many newcomers to the
region are surprised at how fast they become "plugged in" to the
community. Business leaders and elected officials have time and
again proven their willingness to work together for the greater
good of the entire region, whether the shared goal be commuter
rail, a College of Medicine, or a Performing Arts Center. In fact,
there's even a regional approach to economic development as the
Metro Orlando EDC serves Orange, Seminole, Lake and Osceola
counties and the City of Orlando.
BENEFIT: Companies that thrive on collaboration – whether it's
with other business leaders, academia, or local governments – find
no better place to do so than here in Metro Orlando.
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| 10. The "Livability" Factor |
Year-round sunshine. Outdoor recreation. Proximity to beaches,
lakes, springs, parks, trails, and fields. World-class
entertainment. Distinctive neighborhoods. World-class shopping.
(Closets free of winter coats, scarves and gloves!) The region's
amenities – natural and "man-made"– make Metro Orlando a great
place to work and to live.
BENEFIT: Companies of all types and sizes find that Central
Florida's unparalleled "livability" enhances employee recruitment
and retention.
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