April 26, 2018

Friday's Daily Pulse

What you need to know about Florida today

| 6/20/2014

Florida is home to 2,113,344 small businesses

Florida is home to 2,113,344 small businesses, which employ 2,878,741 individuals. · The three industries with the most small business employment are health care & social assistance, accommodation & food services, and professional, scientific, & technical services. [Source: Orlando Advocate]

See also:
» New survey shows Florida small businesses optimistic

Opinion: The asset-rich, income-poor economy

The aggregate wealth of U.S. households, including stocks and real-estate holdings, just hit a new high of $81.8 trillion. It's great news for those households and businesses with large asset holdings, high risk tolerances and easy access to credit. Yet it provides little solace for families and small businesses that must rely on their income statements to pay the bills. [Source: Wall Street Journal]

Apartment occupancy hits 95% as rents keep rising

National apartment occupancy hit 95 percent during May -- a level not seen since at least 2006, when the real estate market was still booming, according to an apartment data and research company. [Source: Sarasota Herald-Tribune]

"Mini-Silicon Valley" sprouting up in South Florida

The doctor of the future has arrived, and his digital makeover has South Florida's fingerprints all over it. That's what you get when you live in a region some are dubbing "a mini-Silicon Valley" for health care innovation. [Source: South Florida Sun-Sentinel]

AARP report gives poor marks to Florida's senior care

Florida ranks 43rd nationally, thanks to its poor scores on key measures: quality of life and quality of care (43rd), affordability and access to care (35th), support for family caregivers (40th), and choice of care settings and providers (41st). [Source: Fort Myers News-Press]

Palm Beach County


› Biotech firm attracts $15 million in financing
The first Scripps Florida spin-off has attracted $15 million in financing from a Brazilian company, the company announced Thursday. West Palm Beach-based Tyrogenex is developing a once-a-day pill for patients with age-related macular degeneration.

› Seventh Compass makes move to Innovation Square
A Gainesville launched tech company has become one of Innovation Square’s newest tenants. CEO Matthew Donovan said he decided to make the switch because he wanted to position the company at the heart of the emerging technology community.

› Business incubator planned for downtown St. Petersburg
A Largo non-profit that nurtures technology start-ups has gained initial city approval to build a business incubator south of downtown St. Petersburg. The $9 million project will deliver on the city's promise to stimulate the tech sector, said council member Darden Rice.

› NextEra IPO for clean energy subsidiary begins
NextEra Energy, Inc. announced that its subsidiary, NextEra Energy Partners, LP, has begun an initial public offering of its common units representing limited partner interests. NEP is offering 16,250,000 common units to the public.

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Securing Florida’s Water Future: Kissimmee River
Securing Florida’s Water Future: Kissimmee River

Building on efforts to secure Florida’s water future, the Florida Chamber of Commerce is releasing the latest in a series of water education videos that demonstrate the importance of following science-based research solutions.

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