By: Michael Myhre In 2016, more than 112 million tourists visited Florida shopping at our small businesses, eating at our restaurants and staying in our hotels ultimately supporting our local...
Recent Posts In: Economic Development
Government Contracting Trends in Florida
Federal government contract awards continue to be a source of sustainment and growth for many Florida businesses, and a key economic driver in Florida. Last year (FY2015), Florida had the seventh...
Small Business Lending in Florida
Access to capital is the greatest challenge facing Florida small businesses, with 28 percent of respondents saying it was a problem, according to the Florida SBDC Networks most recent annual survey...
Demographic Characteristics of Florida Business Owners
The percentage of minority-owned businesses increased by 36.2 percent between 2007 and 2012, making up 44.1 percent of all Florida businesses (see Figure 1), which proportionately represents more...
Florida’s Self-Employed Businesses
Florida is leading all states in the rate of increase in the number of non-employer businesses, according to the most recent statistics from the U.S. Census Bureau. Between 2013 and 2014, Floridas...
Florida’s International Trade
The impact of international trade in Florida is undeniable. International trade comprises 17 percent of Floridas economy, with more than $153 billion in trade value moving through the states air and...
Florida’s Demographic Profile: Population
Floridas population continues to grow, with the U.S. Census Bureau estimating that, as of July 2015, over 20 million people or 6.3 percent of the U.S. population call the state home; ranked third...
Cybersecurity: A Growing Issue for Florida Businesses
Cybersecurity Reality Cyber-attacks on small businesses are on the rise but many business owners still arent prepared to deal with potential breaches. Last year, 43 percent of all attacks worldwide...
Florida’s Small Business Needs
As Floridas recovery continues, business owners are showing confidence in stability of the states economy, according to the Florida SBDC Networks most recent annual survey of small business clients....
Florida’s Middle Market Businesses
Floridas middle market businesses are thriving, beating the national rate in year-over-year revenue growth during the 2nd quarter of 2016. Thats according to the Middle Market Indicator from the...