May 3, 2024

Sector Portrait: Research & Innovation

Research Florida - By the Numbers

Venture capital spending, grants and numbers of patents

Research Florida

Venture Capital

VC Investments in Florida
Year Investment (millions) Deals
2005 $333 55
2006 $386 57
2007 $780 60
2008 $236 37
2009 $291 32
2010 $186 39
Source: PricewaterhouseCoopers
» $21.8 billion — Amount venture capitalists invested nationally in 3,277 deals in 2010, an increase of 19% in dollars and 12% in deals

» $186 million — Amount venture capitalists invested in Florida in 39 deals in 2010, down 36% in dollars and up 22% in deals

» 36 — Number of Florida companies that received venture capital investment, with three of the companies receiving two rounds each

» $58 million — Amount received by networking and equipment companies, the leading VC sector in Florida. The No. 2 sector, computers and peripherals, received $40 million.

» $52 million — Largest sum received by a single company, Open Peak in Boca Raton, a network and equipment company that develops communications systems

?

Florida Grants from the National Institutes of Health (2010):

» $391 million — For research, training, fellowships and other studies (1,028 grants)

» 57 — Number of entities receiving awards

» $104 million — Total amount awarded to the University of Miami School of Medicine (254 grants)

» $102 million — Total amount awarded to the University of Florida (321 grants)

» $39 million — Largest award to a research institute: H. Lee Moffitt Cancer Center and Research Institute (79 awards)

» $1.7 million — Largest award to a research spinoff: Xhale (2 awards)

?

Patents

» 2,978 — Number of utility patents issued to Florida residents last year, up from 2,197 in 2009, ranking Florida 12th

» 35.5% — Increase in utility patents from 2009 to 2010

Source: U.S. Patent Office

Florida Business News

Florida News Releases

Florida Trend Video Pick

Watch how the climate apprentices protect Miami-Dade's native habitats
Watch how the climate apprentices protect Miami-Dade's native habitats

Between the White House launching the nascent American Climate Corps program and Miami-Dade County seeking $70M to bankroll climate technology careers, the “green jobs” industry in South Florida finally shows signs of taking off.

 

Video Picks | Viewpoints@FloridaTrend

Ballot Box

Do you think recreational marijuana should be legal in Florida?

  • Yes, I'm in favor of legalizing marijuana
  • Absolutely not
  • I'm on the fence
  • Other (share thoughts in the comment section below)

See Results

Florida Trend Media Company
490 1st Ave S
St Petersburg, FL 33701
727.821.5800

© Copyright 2024 Trend Magazines Inc. All rights reserved.