In recent months, Florida was ranked 4th in High Tech Employment by CompTIA research. This ranking reflects the 15.4% of emerging tech jobs in Florida, as well as the 5.2% of total workforce practicing Tech in the state.
For Florida, professional services are exponentially growing and evolving. With just over 530,000 Floridians employed in net tech, the overall economic impact in this workforce is crucial to Florida. From 2023, Florida has experienced an increase of 20,235 jobs added to this field. The growth and continued growth create a spotlight on the region for businesses looking to locate to Florida.
Tech and non-tech workers employed by tech companies represent $85.5 billion dollars in economic impact or 6.6% overall economic impact for the state that is directed to the tech sector. There are almost 44,000 businesses that contribute to this economic impact and provide the second-best tech wage premium in the country.
CompTIA is a nonprofit organization that provides global certifications in the tech industry. In the company’s State of the Tech Workforce, the nonprofit ranks each state’s professional services. In programs such as software, IT, and emerging tech, CompTIA provides analytics that delve into each state individually.
Florida’s Great Northwest is the regional economic development organization for the 13-county region of the Florida Panhandle. The organization's purpose is to promote Northwest Florida for economic growth and diversification, to advocate for economic development issues that affect the region, and to collaborate to improve regional competitiveness. Beyond our beaches, Northwest Florida offers business competitive, bottom-line advantages in workforce training, upgraded infrastructure, access to a host of defense assets, and a diverse base of industries that already call the region home.
Entrepreneurship and Innovation in Florida
In 2020, Florida patented 5,513 inventions recorded by the USPTO. As a result, there has been a startup boom, with more than 50,000 monthly business applications since 2020.
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U.S. News has recognized Florida as a top-ranking state in economy, education, and job growth.
In recent months, U.S. News has recognized Florida as a top-ranking state in economy, education, and job growth. These achievements represent the growth and continued development occurring within the Sunshine State.
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U.S. News and World Report Ranks Florida #1 in Higher Education
Florida was recently ranked #1 in the country for Higher Education by the U.S. News and World Report. This ranking reflects the 74%, 4 Year College Graduation Rate, as well as the 62%, 2 Year College Graduation Rate.
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Florida Ranked 2nd Best State for Business
Florida was ranked #2 in a survey by Chief Executive to discover what states are the best for doing business.
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Northwest Florida Capitalizes on Aerospace Opportunities at Farnborough International Airshow
Florida’s Great Northwest (FGNW) led a local delegation to the Farnborough International Airshow in mid-July aiming to attract aerospace companies to consider Northwest Florida as a prime location for aviation business success. FGNW was a host sponsor of the SelectFlorida Pavilion and was surrounded by other major aerospace players in Florida, including two Pensacola-based companies, Paradigm Parachute & Defense and Viewpoint Systems.
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APPLICATION WINDOW NOW OPEN FOR CLASS III OF NORTHWEST FLORIDA’S REGIONAL LEADERSHIP PROGRAM
Northwest, FL – Applications are now being accepted for Class III of Leadership Northwest Florida, a regional collaboration program offered by Florida’s Great Northwest Foundation.
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FloridaCommerce Secretary Explores Regional Opportunities on Familiarization Tour Hosted by Florida's Great Northwest
Economic Development Project Wins and Industrial Site Readiness were the Focus of the Tour
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Florida Ranked 4th in Military Defense Spending in The Nation
In Florida, the aviation and military industry plays a vital role in the state's economy. Recently, Florida was ranked 4th in military defense spending in the nation. This ranking represents $30.2 Billion and 5.4% of the Department of Defense's total expenditures in the United States. Most of this spending contributes to the state's aviation and aerospace industry.
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REGIONAL COLLABORATION PROGRAM CELEBRATES ITS SECOND CLASS OF GRADUATES
At a closing retreat and graduation ceremony on May 17, 2024, Florida’s Great Northwest (FGNW) Foundation honored its new graduates from Leadership Northwest Florida, a regional collaboration program focused on community, content, and connection.
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