Facts

  • Orlando’s economy benefits from a globally-recognized tourism industry that sees 66 million visitors annually. This industry alone has an economic impact of more than $50 billion. However, only roughly one-third of the workforce in the region works in the tourism and hospitality industry.

  • There are more than 500,000 higher education students within a 100 mile radius, providing a rock-solid talent pipeline for companies in the region.

  • Collectively, Florida’s three major research universities (University of Central Florida, University of Florida and University of South Florida) were granted more patents than by those in North Carolina’s Research Triangle Park or Austin’s Silicon Hills region (National Academy of Inventors and Intellectual Property Owners Association, 2014).

  • The region is home to 35 post-secondary institutions based in the area. In addition to UCF, also located here are Full Sail University, 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 College (named the nation’s top community college), Lake-Sumter State College (voted national learning center of the year), and Seminole State College (named #1 college system in Florida - RN Graduate Licensures); 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.

  • Orlando has the 7th largest research park in the country (Central Florida Research Park) with over 1,025 acres. It is home to over 120 companies, employs more than 8,500 people, and is the hub of the nation’s military simulation and training programs.

  • Orlando International Airport (MCO) is ranked as the 2nd busiest passenger airport in Florida, the 14th busiest in the nation and the 43rd busiest in the world. It is the also the 5th largest airport for domestic origin and destination.

  • Ongoing expansion at the Orlando Sanford International Airport (SFB), coupled with the state's largest foreign trade zone designation, has helped SFB become one of the most active international airport the United States.

  • Orlando is home to three professional major-league teams - NBA Orlando Magic and MLS Orlando City Lions and NWSL Orlando Pride  as well as the Solar Bears hockey team, professional ballet, philharmonic orchestra and touring Broadway series.

  • Orange County is home to the simulation procurement commands for the U.S. Army, Navy, Air Force, Marines and Coast Guard. Collectively, they award nearly $5 billion in contracts annually, the majority of which are received by simulation companies in the region.

  • The City of Orlando has a vibrant, downtown core including community venues: Amway Center, home of the Orlando Magic and the top-ranked NBA sports facility, a brand new Dr. Phillips Center for the Performing Arts, newly renovated Camping World Stadium and the newly constructed Orlando City Soccer Stadium.

  • Lake County is home to the National Training Center, where aspiring Olympic athletes come from around the world to train to compete in track, swimming and gymnastics.

  • Seminole County is a hub for information technology companies like FiServ, Harland, Temenos and Optria that are specialists in the software systems that drive the world’s banks and other financial institutions.

  • Osceola County is home to the world’s first industry-led consortium for manufacturing of smart sensors. BRIDG provides a one-stop-shop for state-of-the-art integration of semiconductor based processes, equipment, materials and circuits for multi-applicable, next-generation products, especially smart sensors and photonics devices.

  • SunRail, the region’s commuter rail system, connects 31 miles from Volusia County to Orange County. Eventually, the system will run 61 miles, extending into Osceola County and will be complete by 2018.

  • Industry giant Electronic Arts the world's leading independent developer and publisher of interactive entertainment software creates some of the world's top-selling games in Orlando, including the popular Madden NFL Football, NCAA Football, Tiger Woods PGA Tour and several other game series.

  • The University of Central Florida’s Institute for Simulation & Training developed the nation’s first master's and PhD programs in simulation and human performance enhancement.

  • Florida has no state personal income tax and is a “right-to-work” state.

QUICK LINKS