News

Published Tuesday, April 28, 2020

The Business Development Board of Palm Beach County (BDB) is pleased to announce the expansion of Aventusoft, the inventor of the “HEMOTAG CPAS” cardiac diagnostic system, in Boca Raton. The company announced today that it was awarded an additional $3 million in funding from the National Institutes of Health (NIH), National Heart, Lung, and Blood Institute (NHLBI). Aventusoft plans to add 10 new jobs at its office located at 3651 FAU Blvd, #400 in Boca Raton and will create a capital investment of $6 million through the expansion.

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Published Tuesday, April 28, 2020

Florida Public Service Commission unanimously approves FPL’s plan to lower bills for the second time this year amid COVID-19 pandemic
- Lower fuel costs are enabling FPL to issue a one-time decrease of nearly 25% for the typical residential customer bill, beginning May 1
- FPL will issue the savings through a one-time bill decrease in order to accelerate savings to customers amid the ongoing COVID-19 pandemic, rather than the standard practice of spreading out savings over the remainder of the year
- FPL previously lowered customer bills approximately 4% in January; bills remain among the lowest in Florida and the nation

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Published Friday, April 24, 2020

The Small Business Administration (SBA), in consultation with the Department of the Treasury, intends to provide timely additional guidance to address borrower and lender questions concerning the implementation of the Paycheck Protection Program (PPP), established by section 1102 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act or the Act). This document will be updated on a regular basis.

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Published Friday, April 24, 2020

Since its inception in 1982, the Boynton Beach CRA (BBCRA) has been redeveloping and revitalizing Boynton Beach’s east-west commercial corridors along US1/Federal Highway, from Gulfstream Boulevard to NE 26th Avenue. To spur economic development, the BBCRA has utilized incentive funding to recruit new businesses and assist in the expansion of existing businesses through its various grant programs and creative marketing strategies to promote and support its local businesses.  

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Published Friday, April 24, 2020
Published Thursday, April 23, 2020

The Business Development Board of Palm Beach County (BDB), the Greater Fort Lauderdale Alliance of Broward County, and the Beacon Council of Miami-Dade County hosted a tri-county teleconference with the Florida Division of Drugs, Devices and Cosmetics of the Department of Business and Professional Regulation. The Chief, Compliance and Enforcement leader, Renee Alsobrook, and Director, Walter Copeland, tapped into the expertise of South Florida’s life science leaders to gain feedback from three perspectives; pharmacists, manufacturers, and distributors.

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Published Wednesday, April 22, 2020

Top leaders from Palm Beach County’s distribution and logistics industries convene to discuss new trends and updates on the Business Development Board’s Task Force meeting each quarter. Today’s conference call meeting was utilized as a critical platform to communicate what experts are doing in the county to adapt.

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Published Tuesday, April 21, 2020

Palm Beach County remains under a state of emergency due to the coronavirus pandemic. Here is the county’s list of information and resources for residents during this time:

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Investors

#1 Palm Beach County Board of County Commissioners Aerojet Rocketdyne Bank of America Bank United Baptist Health South Florida
Caler, Donten, Levine, Cohen, Porter & Veil, P.A. CareerSource Carrier DePuy Synthes Power Tools, a Johnson & Johnson Company Equestrian Center
Florida Crystals Corporation FPL Greenberg Traurig Gunster Hardrives, Inc.
HCA Palm Beach Hospitals Hedrick Brothers Construction Hospital for Special Surgery J.C. White JP Morgan Chase
LRP Publications Martens Group Minto Communities, LLC NCCI Nova Southeastern University
Palm Beach Aggregates, LLC Palm Beach Park of Commerce PNC Bank Pratt & Whitney (A United Technologies Company) Raymond James Financial Services/Boynton Financial Group, Inc.
RSM South Florida Business & Wealth Magazine South Florida Business Journal Stiles-Nicholson Foundation TD Bank
Tortoise Properties Wells Fargo & Company Wexford Capital