Florida Trend | Florida's Business Authority

Thursday's Afternoon Update

Federal exchange a bargain compared to states’

Sometimes there really are economies of scale. And the nation’s health insurance exchanges may be a case in point. The states that resisted the Affordable Care Act — including Florida — ended up with the lowest per-person enrollee costs. Florida’s cost per enrollee was just $76. More at Kaiser Health News and see the report here.


Column: Make Your Team Feel Powerful

Research has shown that helping others feel more powerful can boost productivity, improve performance, and leave employees feeling more satisfied on the job. A study conducted by Yona Kifer of Tel Aviv University and published in Psychological Science found that employees were 26% more satisfied in their roles when they had positions of power. More at the Harvard Business Review.


Northrop Grumman to bring 1,800 jobs to Brevard

Agriculture

Small Orange County farmers capitalize on the eat-local movement

formula e
Commercial vegetable farms and citrus and foliage nurseries have had deep roots in west Orange County for generations and still thrive today, if on a smaller scale. The movement favoring locally sourced food works well with small farms such as Lake Meadow Naturals in Ocoee and Green Sky Growers, with state-of-the-art hydroponics atop a three-story building in Winter Garden.

» Access full story

Gov. Rick Scott confirmed this morning that Northrop Grumman Corp. is the company behind "Project Magellan," which plans to bring up to 1,800 high-paying jobs to Melbourne. Northrop Grumman plans to add to its already extensive operations at Melbourne International Airport. More at Florida Today.


Cade Prize winner will be unveiled today

One inventor or company will walk away with $50,000 and the additional validation that comes with winning the fifth annual Cade Museum Prize tonight during a gala event at Santa Fe College's Fine Arts Hall. More at the Gainesville Sun.


The 7 Deadly Financial Sins of Small Businesses

While the “average Joe” may not have to worry about taxes again until next year, “Joe the small-business owner” needs to start thinking about his next quarterly tax filing now. Yes, for the small business owner, the taxman cometh four times a year. More at Entrepreneur.

Profile
Vestagen

vestagenVestagen Technical Textiles Inc. of Orlando has landed its first national retail distribution deal and plans to add nearly half a dozen new positions in the next few months, the company said Wednesday. The biomedical startup, which makes germ-proof surgical scrubs and other health-care wear, signed a licensing and distribution deal with Scrubs AC Inc. and its allheart retail chain.

» Full story from the Orlando Sentinel