market the region as a premier location for business recruit new business and investment assist...
TRANSCRIPT
Market the region as a premier location for business
Recruit new business and investment
Assist existing companies with expansion needs
Support entrepreneurs
Facilitate partnerships to enhance economic growth
About UsAbout Us
About UsAbout Us
Focus on high-value industry sectors:
Technology & Entertainment
Recruitment & Development
International Business
Orlando
Our Region
Demographics
With over one third of its population between the ages of 18 and 44 and a median age of 36.9, Metro Orlando is
a young and vibrant community.
PopulationMetro Orlando
2 million
State of Florida 18.3 million
Metro Orlando Workforce Trend2004 - 2008
900,000
1,000,000
1,100,000
1,200,000
2004 2005 2006 2007 2008
Source: Agency for Workforce Innovation, LAUS
Source: Decision Data Resources 2009 Estimate
37.535.1
37.336.9
36.536.1
39.1
40.1
Las VegasLos AngelesMiamiNew YorkOrlandoPhiladelphiaSan DiegoSeattle
Median Age
37.5
Orlando International Airport Nearly 35 million
passengers served in 2008 Non-stop service to 72 U.S.
destinations and 19 international cities
Average Air Fares
$200.00
$250.00
$300.00
$350.00
$400.00
$450.00
$500.00
2003 2004 2005 2006 2007 2008
Source: Bureau of Transportation Statistics
San Francisco
New York (JFK)New York (La Guardia)
San Diego
Philadelphia
Orlando
Convention Center 2nd Largest Convention
Center in the United States
Over 2 million square feet of exhibit space
Nearly 1.5 million attendees last year
10 million business visitors to Metro Orlando
Ground Access
Jacksonville 2 hours
Miami 4 hours
Atlanta 6 hours
Charlotte 8 hours
Florida High Tech Corridor University of Florida (UF)
University of Central Florida
University of South Florida
Growing Workforce
Over 50,000 students
Over 45,000 students
Over 51,000 students
20
07
Enrollment Growth
5th Largest University in the Nation
Approx. 50,000+ students
2nd largest AACSB-accredited business school in world with 9,000+ students (incl. over 900 finance & 900 accounting)
Nearly 6,000 College of Engineering & Computer Science students
University of Central Florida
19
68
20
Enrollment Growth
1,948
28,302
48,897
0
10,000
20,000
30,000
40,000
50,000
60,000
1968 1998 2007
Rollins CollegeTotal Enrollment – 3,726
Crummer Graduate School of Business – 437
“Rollins is the top regional university in the South for the 4th consecutive year.”
U.S. News & World Report 2009 edition of
“America’s Best Colleges”
“Rollins’ Crummer Graduate School of Business No. 1 in Florida and its part-time M.B.A. program No. 14 in the nation.”
Forbes magazine
“Rollins consistently recognized as being among the finest private, liberal arts colleges in America.”
Peterson’s Competitive Colleges, Barron’s Guide, The Princeton Review
Community Colleges
Valencia Community College
Total Enrollment – 53,187
Seminole Community College
Total Enrollment – 29,749
Lake Sumter Community College
Total Enrollment – 5,000
Cost of Living
94.994.998.2100.3105.3101.9111.0125.7132.5138.4
164.9
219.3
0.0
50.0
100.0
150.0
200.0
250.0
NY
San F
ran
DC
San D
iego
Seattle
Miam
i
Denver
Richm
ond
Raleigh
Orland
o
Atlanta
Austin
Cost of Living
Source: ACCRA Cost of Living, 1st Quarter 2009
Numbers less than 100 are Below the National Average
Corporate Income Tax Rate
5.50%7.10%
8.84%9.99%
0.00%2.00%4.00%6.00%8.00%
10.00%12.00%
Florida
New Y
ork
Califo
rnia
Penns
ylvan
ia
Tax Climate
Source: State tax forms as compiled by Tax Foundation 2009
Personal Income Tax Rate
0.00%
3.07%
6.85%
9.30%10.30%
0.00%
2.00%
4.00%
6.00%
8.00%
10.00%
12.00%
Florida
Penns
ylvan
ia
New Y
ork
Califo
rnia
Califo
rnia
Source: State tax forms as compiled by Tax Foundation 2009
Tax rate provided for highest tax bracket.
Florida 5th Best State for Business
Tax Climate
Source: Tax Foundation
Citrus Bowl
Community Venues
Events Center
Performing Arts Center
Citrus Bowl Renovations - Estimated Completion Date: TBD
Events Center to be comparable in size, scope and quality as first-class events centers and arenas recently constructed in Charlotte, Indianapolis, Memphis and San Antonio - Estimated Completion Date: September 2010
Performing Arts Center to be four-stories and 400,000-square-foot – Estimated Completion Date: TBD
The net present value of the Community Venues spending over the next 20 years is estimated to be $9.9 billion in total economic activity
In 30 minutes or less you can be…In 30 minutes or less you can be…
At a theme park
In 30 minutes or less you can be…In 30 minutes or less you can be…
At Cirque du Soleil
In 30 minutes or less you can be…In 30 minutes or less you can be…Golfing at one of over 170 courses
In 30 minutes or less you can be…In 30 minutes or less you can be…
Watching the
Daytona 500
In 30 minutes or less you can be…In 30 minutes or less you can be…
Cheering at a Magic game
In 30 minutes or less you can be…In 30 minutes or less you can be…
Relaxing on a
beach
In 30 minutes or less you can be…In 30 minutes or less you can be…
Swimming with
dolphins at Discovery
Cove
High Tech Industry Clusters
Life Science & Biotechnology
Modeling, Simulation & Training
Optics & Photonics
Clean Tech
Digital Media
100+ companies
16,847 workers
IST at UCF
National Center for Simulation (NCS)
Modeling, Simulation & Training
Approximately 70 companies 20,000 workers $20 – $50+ million annual
revenue Florida Photonics Cluster
Optics & Photonics
Digital Media
Third largest production center in the U.S
FIEA (Florida Interactive Entertainment Academy at UCF)
Electronic Arts Disney and Universal StudiosFull Sail University - Over 7,000
students from 50 states and 37 countries
Life Science & Biotechnology
150+ companies 9,248 workers
$7.6 billion in economic activity 30,000 jobs $2.8 billion in wages $459.9 million in tax
revenue
7,000-acre master-planned community almost the size of Manhattan
Orlando’s Medical City One of only two regions in the world currently building a “Medical City” 650+ Acre Science and Technology Park
Burnham Institute for Medical Research
300 scientists and support staff 175,000 square
foot facility
Recently awarded $98 million dollar NIH Grant Opening: Now
UCF Burnett School of Biomedical Sciences
198,000 square foot facility
5-story building
integral part of UCF College of Medicine
M.D. Anderson Cancer Research Institute collaboration Opening: Spring ‘09
UCF College of Medicine Inaugural Doctor of Medicine (M.D.)
degree program will begin Fall 2009 Over 4,000 applicants for inaugural
40-student class Eventually produce about 120 graduates each year Part of 50-acre Health Sciences Campus
Orlando VA Medical Center
67 acres – 1.5 million square feet Estimated 3,000 patient visits per day 2,000 jobs 134-bed hospital, 120-bed nursing home, 60-bed domiciliary Outpatient clinic and office to help veterans process financial benefits Opening: 2013
Nemours Children’s Hospital and Research Campus
60 acres 1.4 million square feet 1,500 jobs ambulatory diagnostic center extensive research &
education facilities Opening: 2012
UF Research Center
100,000 square foot lab and classroom space
Collaboration with Burnham and UCF
Includes College of Pharmacy
bioOrlando
MISSION
To serve as a catalyst for stimulating the life science
and biotechnology industry in Central Florida.
VISION
To build Central Florida’s prominence as a preferred
destination for healthcare, life science, biotechnology and pharmaceutical companies, as well as their supporting
industries.
Rankings
Fast Company magazine names Orlando as one of the “12 Best Cities for Innovation.”
According to Forbes, Orlando is the 9th fastest growing metro and fifth on their annual list of "Most Wired Cities."
BusinessWeek featured Metro Orlando among its picks of "global hot spots" in its issue titled "What Makes a Winner: The Competition Issue." Orlando is one of three communities in the world to be featured (Singapore / Stockholm).
