- Florida will have the nation’s top performing economy and be recognized as the world’s best place to live, learn, play, work, and do business.
- Lead the nation in global competitiveness as a location for business, investment, talent, innovation, and visitors.
- Lead the nation in economic growth and prosperity.
- Lead the nation in quality of life.
- Improve and sustain employment in Florida.
- Foster opportunities for prosperity for all Floridians.
- Grow Florida businesses.
- Expand Florida’s global commerce.
- Increase Florida’s attractiveness to workers, residents, and visitors.
The future for the Sunshine State is brighter than ever as the nation emerges from its most severe recession in post World War II history. Florida is located in the fastest growing part of the United States and at the crossroads of north/south and east/west trade lanes in an increasingly global economy. The state has tremendous assets: a large and diverse consumer and labor market; a tradition of imagination and invention; extensive infrastructure and natural resources; and worldwide appeal to workers, retirees, and visitors.
The seeds of Florida’s next wave of growth are evident. To date, the recovery has been driven by global trade, tourism, technology, professional services, and health services – all industries likely to grow in the coming years. This is good news. For Florida to continue to be competitive, our economy must rely on more than our natural resources and a continued stream of new residents and visitors. As Florida’s economic vision is realized, Florida will transition from being a state driven primarily by growth to a state driven by talent, innovation, quality of life, and global connectivity.
The Florida Strategic Plan for Economic Development builds on a strong partnership of public, private, and civic organizations. It defines goals, objectives, and strategies to move Florida toward its economic vision. This plan emphasizes:
- Aligning state, regional, and local plans and programs around the state’s economic vision.
- Developing a portfolio of strong talent and innovation clusters that bring together skilled labor and innovation-oriented businesses in expanding and emerging markets.
- Strengthening and connecting Florida’s economic regions to create a “megaregion” able to compete on a global scale.
- Positioning Florida to be a global hub for trade, visitors, talent, innovation, and investment.
This plan also emphasizes Florida’s position as a world-class state in aspects of what makes us truly competitive in today’s economy:
- Leading the nation in student performance and market-relevant workforce skills.
- Diversifying Florida’s economy into a mix of growing industries and expanding our role in both national and global markets.
- Modernizing Florida’s infrastructure and reforming growth and investment decision-making processes to support a competitive economy and high quality of life.
- Developing the nation’s leading business climate, including a predictable and sensible legal and regulatory environment and efficient and customer-focused business support services.
- Creating strong statewide and regional partnerships to meet Florida’s economic development goals.
- Developing the nation’s leading communities of choice to live, learn, work, and play.
Florida’s economic development partners will implement this plan by aligning their plans and programs, coordinating their activities, and measuring and reporting their progress toward achieving the Plan’s goals and objectives. Together, this partnership will further position Florida for continued growth, competitiveness, and prosperity.