June 2020

 

 

6/03/20

 

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

 
 
 

June Newsletter
- 2020

 
 
 
 

Six Month Report - Your Return on Investment

 
 

Click here to view report >

New Corporate Announcements Since October 2019:

 
 
 
 

Countywide Covid 19 Business Resources

 

As businesses across our region continue to respond to the COVID-19 crisis, the Business Development Board, in partnership with Palm Beach County, local chambers of commerce and municipalities, is constantly adding new content to www.BizHelpPBC.com to assist companies in economic recovery.

NEW ITEMS ADDED TO THE SITE:

VISIT BIZHELPPBC.COM >

 
 
 
 

Growth in the Life Sciences

 

Since October 2019, the BDB facilitated the growth of the following life science companies:

 

DID YOU KNOW?

The Scripps Research Institute Solved the 175-year-old Medical Mystery of Anesthesia’s Effects

Nearly 175 years ago, ether was first demonstrated in what came to be called Mass Gen's "Ether Dome." Ever since, no one has been able to explain how general anesthetics actually render us unconscious. Until now. This wonderful study was conducted as a collaboration between the founder of Scripps Florida, former Scripps Research President Richard Lerner, MD, and an associate professor on that same campus, Scott Hansen, PhD.

READ MORE >

 

Local FAU Professor Featured on CNN:

Dr. Patrick Hughes of Florida Atlantic University’s Charles E. Schmidt College of Medicine conducted an experiment with CNN's Randi Kaye to take a closer look at how quickly germ droplets can spread in restaurants.

CLICK HERE >

 

 
 
 
 

Financial Services and Aerospace: What are industry leaders saying?

 

BDB SHOWCASES PALM BEACH COUNTY ON SPACE FLORIDA’S PANEL

Space Florida hosted a virtual event to highlight South Florida’s Contributions & Opportunities with U.S. Space Force & Space Command Stakeholder Engagement Planning, further assisting the State’s efforts to attract Space Force headquarters to Florida. BDB VP Shawn Rowan was a panelist on the “South East Florida Aviation and Aerospace Landscape” topic and shared Palm Beach County's strengths in the sector. 

  • Palm Beach County’s A/A/E industry has a total estimated impact of $9.7 billion
  • Over 1,461 A/A/E and support industry companies
  • More than 20,500 people are employed.
  • The average wage is $102,672.
  • Over the past six months, the BDB assisted two companies in this sector - Parametric Solutions and Nano Dimension

READ MORE >

 

BDB FINANCIAL TASK FORCE DISCUSSES A CREATIVE EDGE TO TURN THE HEADS OF EXECUTIVES

Palm Beach County has been dealt a new set of circumstances with COVID-19, but the BDB’s Financial Services Task Force forecasted the economic development opportunities to be bright. The group, comprised of local finance leaders with a shared passion to further grow the industry, talked economic development efforts, the status on office space in the pipeline, and enhanced marketing techniques.

READ MORE >

 
 
 

The Good News - BDB Members Shine

 

 

  • Capital Analytics
    Spotlight On: Ava Parker, President, Palm Beach State College
    Read More >
  • Modernizing Medicine
    Inc. Magazine Names Modernizing Medicine as one of the Best Workplaces for 2020 
    Read More >
  • CareerSource Palm Beach County
    'Help is Here' Web Portal Launched to Help Job Seekers, Employers Access Recovery Assistance
    Read More >
  • Comcast
    A Technology Guide for the "New Normal"
    Read More >
  • Florida Atlantic University
    FAU Medical Students Collect and Donate More than 23,000 PPE Items
    Read More >
  • Palm Beach State College
    PBSC Helps Public Safety Students Impacted by COVID-19
    Read More >
  • NAI/Merin Hunter Codman
    NAI/Merin Hunter Codman Bringing Former Canon Solutions Campus to Market
    Read More >
  • City of West Palm Beach
    Updated COVID19 Community Toolbox Launched for Residents
    Read More >
  • Daszkal Bolton
    CARES Act Will Affect Earnouts, Purchase Price Adjustments
    Read More >
  • Fox Rothschild
    SBA Issues Long Awaited Guidance on Need Certification for PPP Loans
    Read More >
  • City of Palm Beach Gardens
    Voluntary Business Verification Certificate
    Read More >
  • Discover the Palm Beaches
    Open Safely to Stay Open
    Read More >
  • Marriott Resort Palm Beach Singer Island
    Setting Examples and Leading the Way to Reopen the Hospitality Industry
    Read More >
  • The Breakers Palm Beach
    Launched a "Health and Safety Precausions in Response to COVID-19"

    Read More >
  • Cultural Council of Palm Beach County
    Launched Resources for Art Organizations
    Read More >
  • Boca Raton Regional Hospital
    Hospital Receives $1M Donation from Sun Capital Partners Foundation
    Read More >
  • Florida Power & Light
    FPL Incorporates COVID-19 Scenarios into Hurricane Planning; Urges Customers to do the Same
    Read More >
  • Florida Blue
    Florida Blue Provides $100M in Health Care Cost Relief to Members of its Individual, Fully Insured Employer Group and Medicare Advantage Plans
    Read More >
 
 
 
 

Palm Beach County's Economy - Making Moves

 

$60 MILLION AVAILABLE TO RESTART BUSINESS IN PALM BEACH COUNTY

The Palm Beach County Board of County Commissioners (BCC) approved the CARES Restart Business Grants Program to accelerate the reopening of businesses hardest hit by COVID-19.The $60 million Business Restart Program uses a portion of the county's $261 million allocation from the Federal CARES Act approved by Congress.  The BCC has dedicated $50 million toward businesses with 25 or fewer employees and $10 million towards businesses with greater than 25 employees.

READ MORE >

CITY OF BOCA RATON SMALL BUSINESS RECOVERY RELIEF GRANT PROGRAM

The City of Boca Raton Small Business Recovery Relief Grant Program is designed to support local small retail, restaurant and retail service businesses that are located within the City and have experienced financial loss as a result of the COVID-19 public health emergency.

READ MORE >

CITY OF PALM BEACH GARDENS ROLLS OUT RELIEF FUND FOR SMALL BUSINESSES AND RESIDENTS

The City of Palm Beach Gardens, in partnership with the Palm Beach North Chamber of Commerce and PGA Corridor Association, announced the launch of their Economic Recovery Act to assist residents and small businesses.

READ MORE >

 

THE PALM BEACHES IS FIRST DESTINATION IN FLORIDA TO COMMIT TO INTERNATIONALLY ACCLAIMED CLEANING & DISINFECTION ACCREDITION FOR HOSPITALITY FACILITIES

Discover The Palm Beaches (DTPB) announced the destination’s commitment to pursuing the Global Biorisk Advisory Council’s (GBAC) STAR™ accreditation for a broad spectrum of hospitality businesses in Palm Beach County. 

READ MORE >

 

ECONOMIST SEES FLORIDA BOUNCING BACK QUICKER THAN REST OF COUNTRY

With businesses set to reopen, does that mean we’ll see Florida’s economy climb back up? The one-time chief economist for Wells Fargo believes so – and he thinks we’ll bounce back faster than much of the country.

READ MORE >

 

 
 
 
 

Social Media Shout Outs

 

Make sure to tag us on social media - we're so appreciative and will give you a shout out next time. 

BDB Facebook Page >

BDB Twitter Page >

BDB LinkedIn Page >

BDB Instagram Page >

 
 
 
 

BDB Membership Event Participation Survey

 

In an effort to best serve our members, the BDB would like to hear your thoughts about engagement in various economic development activities.  

 

CLICK HERE TO SHARE WITH THE BDB

 
 
 

How You Can Help the Economy

 

 
 
 
 

Missed the Tele Town Hall Calls? We recorded all 10.

 

From U.S. Senators to local municipality and industry leaders, we've officially hosted 10 Tele Town Hall Calls.

Missed it? No problem. We recorded all of them for you:

Thank you to our Community Partner for Live Broadcasting

 
 
 
 

Investors:

 

 

Chairman's Council

            

 

INVESTOR PARTNERS:

           

                         

 


 

The public and economic health of Palm Beach County are the BDB's top priorities. Stay up to date on business-related information as we navigate COVID-19 with daily updates.

www.BizHelpPBC.com

 

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