Monday, January 11, 2010

Enterprise Florida: State updates economic development strategic plan

Need for an innovation and knowledge-driven economy to ensure future growth
is basis for plan’s proposals

ORLANDO, FL (January 11, 2010) – The Roadmap to Florida’s Future: 2010-2015 Strategic Plan for Economic Development – a revised blueprint for Florida’s efforts to achieve future economic growth and prosperity – is available.

A five-year plan, the Roadmap is produced by Enterprise Florida’s board of directors in accordance with Florida statute and refreshed every three years. The board provides Florida’s governor and legislative leaders with annual updates.

Key to the Roadmap’s development is input from a broad base of citizen and community stakeholders statewide including economic development, arts, business, education and government leaders.

One venue for their feedback was 10 half-day forums held last summer in eight regions of the state, which drew more than 1,500 participants. Additionally, perspectives from the general public came via an interactive Web site. “This approach allowed us to weigh new ideas as well as current strategies evolving from the ‘grassroots,’” said Allan Bense, Enterprise Florida board vice chairman. “This resulting plan outlines Florida’s needs and priorities for continued economic expansion and diversification.”

Following are the priorities, with a sampling of recommended focus areas relevant to them:

Diversifying Florida’s economy through cluster strategies – expanding and transforming foundation industries and high-impact targeted industry clusters, and developing new clusters
Talent – STEM (science, technology, engineering and math education) focus, K-12 enhancement, demand-driven workforce system, higher education excellence
Innovation – research and development, commercialization and venture capital
Growth leadership / Infrastructure – multi-modal transportation, land use, broadband, energy and water
Business Climate – revamping state incentives, small business and entrepreneurship, regulatory environment, and business costs
Global Hub – international commerce (trade, foreign direct investment, tourism), international infrastructure (transportation, language skills and regulatory issues)
Quality of Life – arts & culture, vibrant communities

To access Roadmap to Florida’s Future: 2010-2015 Strategic Plan for Economic Development, visit

“As Florida transitions from the global recession, it’s imperative that we adhere to a strategic plan that can lead to sustainable growth and higher wage jobs in an economy that’s increasingly becoming innovation and knowledge based,” Bense added.

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Enterprise Florida Inc. is a partnership between Florida's business and government leaders and is the principal economic development organization for the state of Florida. Headquartered in Orlando, Enterprise Florida’s mission is to diversify Florida’s economy and create better-paying jobs for its citizens by supporting, attracting and helping to create businesses in innovative, high-growth industries. In pursuit of its mission, Enterprise Florida works closely with a statewide network of economic development partners and is funded both by the State of Florida and by private-sector businesses.

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