Business Florida
Get FREE Business News Updates


November 30, 2015

Top 5 Reasons to Do Business in Florida

3. Industry Clusters

"We're making bold efforts to improve what is recognized as one of the country's best business climates."

- Gray Swoope, Secretary of Commerce
President & CEO, Enterprise Florida Inc.


  • Significant solar resources
  • Leader in cellulosic biofuel production
  • Hotbed of ocean energy R&D
  • Growing center for advanced energy storage (battery) technologies

Life Sciences

  • Internationally renowned research institutes with growing clusters of bioscience firms around them
  • 850 companies specialize in biotechnology, pharmaceuticals and/or medical devices, with plenty of room and the skilled workforce to support even more

Information Technology

  • 25,000 IT companies employ nearly 240,000 workers
  • Strong presence in such diverse sectors as digital media; modeling, simulation and training; photonics/optics; and mobile technologies


  • Nearly 2,000 Florida-based aviation and aerospace companies engage in aircraft system design, testing and production; flight training; propulsion systems; and avionics
  • Numerous military installations serve as catalysts for R&D and sources of highly skilled personnel

Homeland Security / Defense

  • Heavy expertise in aviation/aerospace, information technology, photonics, simulation and materials science
  • Innovative companies pursuing products to secure borders and ports, detect chemical or biological contaminants, enhance cyber security and ensure rapid response to emergency situations

Financial / Professional Services

  • 122,000-plus financial and professional services companies employ 837,000
  • Significant exporter of knowledge-based services throughout the world

Industry clusters spawn innovation
Industry clusters spawn innovation, left to right: Florida National Guard's Joint Emergency Operations Center, St. Augustine; nation's largest solar photovoltaic plant, DeSoto County; cancer drug Taxol, developed at Florida State University. [Photo: Left - Tech Sgt. Thomas Kielbasa; Center - Florida Power & Light Co.]

Tags: Business Services, Business Florida

Florida Business News

Florida Trend Video Pick

Why the best hire might not have the perfect resume
Why the best hire might not have the perfect resume

Given the choice between a job candidate with a perfect resume and one who has fought through difficulty, human resources executive Regina Hartley always gives the "Scrapper" a chance.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

Do you think playing daily fantasy sports (and betting) is gambling, or not?

  • Yes, it's gambling
  • No, it's a game of skill

See Results