2010-2015 efi strategic plan update (ms powerpoint, 4.4mb)

2010-2015 Statewide Strategic Plan for Economic Development

Update on Planning Process

John A. Adams, Jr.

Statewide Strategic Plan:“Roadmap to Florida’s Future”

•Build world-class talent•Ensure business climate competitiveness•Promote sustainable development•Invest in Florida’s innovation economy•Enhance state as pre-eminent global hub•Accelerate economic diversification

On–Line Survey -- 300 +

10 Regional Forums -- over 1500 attendees -- on-line discussion boards

State and EFI Board Roundtables

World Class Talent Progress over past 3 years?

Some, Moderate, or Significant Progress

62%

No Progress or Lost Ground

29%

Priority relevant to Florida's future?

Agree or Strongly Agree 96%

Disagree or Strongly Disagree

3%

Education – world-class, all levels, seamless Technical/workforce supply chain Niche area: STEM

Innovation

Progress over past 3 years?

Some, Moderate, or Significant Progress

53%

No Progress or Lost Ground

38%

Priority relevant to Florida's future?

Agree or Strongly Agree 95%

Disagree or Strongly Disagree

5%

Central focus for diversification/ future growth Entrepreneurship Link higher education to economic development Expanded incentive toolkit for innovation

Global Economy

Progress over past 3 years?

Some, Moderate, or Significant Progress

54%

No Progress or Lost Ground

44%

Priority relevant to Florida's future?

Agree or Strongly Agree 87%

Disagree or Strongly Disagree

13%

Changing global landscape, increased competition Expand focus to new emerging markets (BRICs)Enhanced foundations: Multimodal infrastructure, language skills

Business Climate

Progress over past 3 years?

Some, Moderate, or Significant Progress

55%

No Progress or Lost Ground

37%

Priority relevant to Florida's future?

Agree or Strongly Agree 95%

Disagree or Strongly Disagree

5%

Predictable business costs Streamlined regulatory environment Small business

Sustainable Development

Progress over past 3 years?

Some, Moderate, or Significant Progress

48%

No Progress or Lost Ground

49%

Priority relevant to Florida's future?

Agree or Strongly Agree 98%

Disagree or Strongly Disagree

3%

Growth leadership linked to infrastructure New needs: water, energy, public transit,

broadband, cultural amenities

Diversification

Progress over past 3 years?

Some, Moderate, or Significant Progress

54%

No Progress or Lost Ground

42%

Priority relevant to Florida's future?

Agree or Strongly Agree 98%

Disagree or Strongly Disagree

3%

Continued investments in clusters - persistence Emerging technologies/opportunities Regionalism / mega-regionalism

www.eflorida.com/roadmap

Regional Forum Highlights and Discussion Boards

Next steps • Synthesis, research, plan development • EFI Board approval: November 2009

• Delivery to Governor and Legislative Leaders: by January 1, 2010

TARGETED SECTORS

- The competitive edge -

• Aviation/Aerospace• Clean Energy• Emerging Technologies• Financial Professional Services• Headquarters• Homeland Security/Defense• Information Technology• Life Sciences• Manufacturing

TARGETED SECTORS

BANNER CENTERS

Florida State College at Jacksonville

Jacksonville Aviation & Aerospace

Lake City Community College

Lake City Logistics & Distribution

University of Florida Gainesville Biotechnology

Indian River State College Fort Pierce Energy

University of Central Florida Orlando Alternative Energy

Seminole Community College

Heathrow Digital Media

Polk State College Winter Haven Manufacturing

Indian River College Fort Pierce Homeland Security & Defense

SITE SELECTION FACTORS: CORPORATE SURVEY 1. Highway accessibility

2. Labor costs 3. Occupancy and construction costs 4. Tax exemptions 5. Energy availability and costs 6. Availability of skilled labor 7. State and local incentives 8. Corporate tax rate 9. Low union profile10. Available land

Source: Area Development , March 2009

STATEWIDE COMPETITIVE CHALLENGES

1. Availability of workforce – talent*2. Access to capital3. Incentives4. Electrical costs5. Insurance

*Trained with specific skill sets – not cost Local issues: permitting, available land & cost