Thursday's Afternoon Update
What you need to know about Florida today
Move over Silicon Valley. Florida startup cities are on the rise.
Startup business activity is on the rise in a number of Florida metropolitan areas. The Miami-Fort Lauderdale metropolitan area again landed near the top of the Kauffman Foundation’s 2016 Index of Startup Activity, which measures new business creation. More from Entrepreneur, the Miami Herald, the Tampa Bay Business Journal, and see a nationwide startup map from the Kauffman Foundation.
Auto dealer donates $5 million to FAU's College of Business
Auto dealer magnate Phil Smith and wife Susan Smith have donated $5 million to Florida Atlantic University's College of Business in Boca Raton. The gift, one of the largest single gifts in the history of the College of Business, will establish The Phil Smith Center for Free Enterprise. Full story here.
Miami real estate had a really bad month in July
The volume of existing home sales in Miami-Dade County fell 20.8 percent in July compared to July 2015, according to a monthly report released Wednesday by the Miami Association of Realtors. More from the Miami Herald.
Esports company setting up shop in Orlando
A relatively new esports company that backs competitive video game tournaments has signed a lease for space in downtown Orlando. Atlanta-based Avyd announced in March that its corporate offices would locate in Orlando. More from the Orlando Sentinel.
Auto import deal at Port Canaveral could expand
The new-car import business is likely to accelerate at Port Canaveral in the coming months, according to Chief Executive Officer John Murray. AutoPort Inc. has brought two shipments of new vehicles from Mexico to Port Canaveral on its recently instituted route every-other-week service. More from Florida Today.
Does the world yearn for chicken and biscuits?
Will John Kunkel’s granny’s fried chicken be a hit in Singapore and Dubai? That’s the bet the founder of 50 Eggs, the Miami-based restaurant group, is making as it wings overseas with its signature Yardbird Southern Table & Bar abroad, expands its new fast-casual concept Spring Chicken and hatches a Latin-food concept for Las Vegas.
» More from the Miami Herald.
Aaron W. Hendry was born into the maritime business, and he will likely you-know-what in it, so in 2015, he began the process of overhauling its corporate structure. For the first time in its history, the 90-year-old Tampa ship repair, conversion and modification company has a board of directors.
» More from the Business Observer
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