February 2020

 

 

2/04/20

 

Palm Beach County - Where Business and Pleasure Share the Same View

 
 
 
 

February 2020
Newsletter

 
 
 
 

BDB Announces More Than 1,340 Jobs Since October 2019

 
 

New Technology Improves Mental Health and Creates Jobs 

READ MORE >

Jupiter Company to Transform Radiation Therapy for Cancer Patients

READ MORE >

 

Other announcements since October 2019:

 
 
 
 

The EconDev Breakdown

 

 
 
 
 

Good News Travels Fast - This Month's Headlines

 
  • South Florida Business Journal:
    South Florida City to Consider Incentives for Pharmaceutical Firm

    (Link)
  • South Florida Business Journal:
    South Florida Biotechnology Company Launches Crowdfund for Clinical Trials
    (Link)
  • Lake Okeechobee News:  
    Business Development Board Ramps up Efforts
    (Link)
  • Wall Street Journal:
    In Florida, Homeowners Come for the Weather, Stay for the Tax Relief
    (Link)
  • Sun Sentinel:
    National Headquarters Eyes Move to Boca Raton
    (Link)
  • Town Hall Finance:
    New York Vs. Florida, Round #3

    (Link)
  • PressReleasePoint:
    Tax Migration – New York to Florida

    (Link)
  • Cato Institute:
    New York to Florida, the tax migration

    (Link)
  • Lee&Associates:
    South Florida focused on being “Wall Street of the South”
    (Link)

  • American Machinist:
    Pratt & Whitney Expanding Florida Jet Engine Complex

    (Link)

  • The Coastal Star:
    Major Revamp to Boynton Beach Mall

    (Link)
 
 
 
 

ECONOMY GOALS: A Look at Palm Beach County's Economy

 

Facts from CareerSource Palm Beach County:

  • Palm Beach County hit an all-time low with the jobless rate dropping to 2.7%
  • The County's unemployment rate remains below the 3.4% national rate
  • Palm Beach County has continued a nearly 3-year streak in which the county’s rate has stayed below or matched the national rate
  • The financial sector alone added 2,100 jobs over the past year
  • The top advertised jobs were for registered nurses

READ FULL ARTICLE >

 

Palm Beach County's unemployment rate was featured in the Palm Beach Post, shining light on the fact that the unemployment rate is at a record low. 

READ FULL ARTICLE >

 
 
 

INDUSTRY SPOTLIGHT: Life Sciences

 

Palm Beach County's Life Science Industry by the numbers:

 

Since October 2018, the BDB has facilitated the growth of nearly 20 life science companies:

 

LATEST NEWS: Nation's Top Orthopedic Hospital Opens in West Palm Beach

READ MORE >

 
 
 
 

Behind-the-Scenes of Job Creation

 

The BDB supports local companies, education, workforce advancement, and opportunities to recruit new business to the area. Here's a behind-the-scenes look at what we've been up to this month:

  • BDB hosted "Coffee Talk" to give an overview of recent activity
    1.8.20, West Palm Beach
  • BDB’s Business Recruitment, Retention, and Expansion team visited the Enterprise Florida office
    1.9.20, Orlando
  • Attended the Glades Leadership Open House at Loggerhead Marinelife Center
    1.10.20, Juno Beach
  • Attended Achieve PBC’s Career Pathway’s Team Meeting
    1.14.20, West Palm Beach
  • BDB Executive Committee met to discuss economic development activity
    1.17.20, West Palm Beach
  • BDB WEF Reception hosted at the Winter Equestrian Festival
    1.18.20, Wellington
  • Participated at the FEDC Breakfast
    1.21.20
  • Attended the Lake Okeechobee Regional Alliance board meeting
    1.21.20, Belle Glade
  • Traveled for the Enterprise Florida retreat
    1.22.20, Orlando
  • BDB Breakfast spotlighted women entrepreneurs
    1.23.20, West Palm Beach
  • BDB was a guest speaker for the Leadership PBC Focus Class
    1.23.20, Delray Beach
  • BDB honored Business Leaders of the Year
    1.27.20, Boca Raton
  • BDB took Dr. Fennoy and School District Leaders on a bus tour to see innovative companies
    1.28.20, Palm Beach County
  • Traveled to the EFI TeamFL Event
    1.27.20, Washington, D.C.
  • BDB Real Estate Roundtable talked about what’s on the horizon in PBC
    1.29.20, West Palm Beach
  • Met with education partners to prepare for Claim Your Future
    1.29.20, West Palm Beach
  • Attended the Palm Beach County Steering Committee
    1.30.20, West Palm Beach

 
 
 
 

LAST CHANCE - Five Booths Left

 

The Claim Your Future Showcase shows Palm Beach County high school students the possible career paths available to them in the County. Companies can sign up to participate with an exhibitor booth and tap into a thousand students representing the future local workforce. Space is limited, so sign up today.

SIGN UP >

 
 
 
 

Business Development Board Ramps Up Efforts in the Glades Region

 

“Over the past three years, the Business Development Board has brought 400 jobs into the Glades Region,” said, Shereena Coleman, Vice President of Business Facilitation & the Glades Region. “Aside from job creation, we have a dedicated staff person who specifically oversees that particular region for job creation, growth and new opportunities.” 

READ ARTICLE >

 
 
 

Strategies that Enhance Business Growth in Palm Beach County

 

BDB TAKES SCHOOL DISTRICT ON AN INNOVATIVE FIELD TRIP:

READ MORE >

 

BDB GIVES OVERVIEW OF A/A/E INDUSTRY TO 2,500 ATTENDEES AT NBAA REGIONAL FORUM:

READ MORE >

 
 
 
 

OTHER NEWS:

 
  • Check out NobleCon, an investor conference on February 16 - 18
    Link>

  • Palm Beach State College's Biotech Program: Local job opportunities are growing in biomedical research, bioenergy, and biosciences. The Biotechnology Program at Palm Beach State College offers students a gateway to an exciting career in STEM. We offer an AS degree as well as College Credit Certificates for returning students looking for added specialties and students exploring various medical/health related fields. Explore opportunities in biomedical research, biomanufacturing, cancer, aging, addiction, pharmaceuticals, stem cells, genomics, proteomics, plant biotech, internships, and more! Learn more about the program, enroll in courses, and RSVP for an upcoming Information Session:
    Click here >

  • About Enterprise Florida’s QTI Tax Refund program: This program is set to sunset on June 30, 2020. This highly utilized tax refund program is an economic tool used to create diversified and resilient local economies. Unlike other programs, the QTI Tax Refunds are paid once jobs are created, taxes are paid, and performance is verified by the Department of Economic Opportunity.

 

BDB MICROSITE NEWS:

LIFE SCIENCES NEWS >

EDUCATION NEWS >

ENTREPRENEURSHIP NEWS >

GLADES REGION NEWS >

 
 
 
 

NEW INVESTORS:

 
 

President's

 

 

General

 

MAE CONSULTING ENGINEERS

 

 
 
 
 

PHOTO ALBUMS:

 
 
BDB FAM Tour 2.26 - 2.28.2020
BDB Hosts 2020 National Engineers Week Honors Awards Banquet, PBC Convention Center 2.25.2020
BDB Raise Your Glass, Newly Renovated Kravis Center 2.20.2020
 
 
 
 

PLAN AHEAD:
Upcoming Events

 
 
 
MAR
19
 
  BDB and Education Foundation Luncheon
 
 
MAR
26
 
  BDB Upper Level Breakfast
 
 
APR
8
 
  BDB Coffee Talk
 
 
 
 
 

Investors:

 

Chairman's Council

            

 

Investor Partners

           

                         

 


Labor & Unemployment Statistics:

Palm Beach County's December unemployment rate of 2.7% is down from the November rate of 2.8% reflecting a net gain of 958 jobs. Read On

 

 

Business Development Board of Palm Beach County
310 Evernia St.,
West Palm Beach, FL 33401
www.BDB.org
Sponsorship Opportunities

 
 

 
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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