DOING BUSINESS IN ORLANDO. Puerto Rico Eje Empresarial Convención 2011 Saturday, June 25, 2011
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1 Puerto Rico Eje Empresarial Convención 2011 Saturday, June 25, 2011
2 TRADE MISSION DELEGATION Diana Bolivar Hispanic Chamber of Commerce of Metro Orlando Lou Carrion Florida Hospital Marvin Colón iserve Residential Lending José Costa Nodarse & Associates José Fernández Florida Compass Group Marilen Marnett Hispanic Chamber of Commerce of Metro Orlando Maritza Martínez University of Central Florida Thomás Mestre Sistema Universitario Ana G. Mendez Robert Newland Newland Associates Group Ruben & Laura Pérez ZaZa New Cuban Diner Reynaldo Rodríguez Blue Beetle Energy
3 ORANGE COUNTY PUERTO RICO TRADE MISSION 2011 OBJECTIVES Strengthen and grow ties between Central Florida and Puerto Rico Promote commercial trade between our regions Identify and promote business opportunities Highlight Central Florida and Puerto Rico as important national business destinations Develop viable business prospects that will mutually contribute to job creation and economic growth in our regions
4 WHAT SHOULD I GAIN FROM THIS PRESENTATION? Discover why metro Orlando is an ideal place to do business Glimpse into the region s innovative future Learn how companies can achieve success in Orlando
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7 TOURISM INDUSTRY Record-breaking 51,455,000 visitors in 2010! Over 74 million individual admissions into the theme parks Estimated 400,000 direct and indirect jobs Over 195,800 directly employed in the industry Just over 60,000 are employed by Walt Disney World $28 billion in visitor spending
8 TOURISM INDUSTRY
9 LAKE COUNTY SEMINOLE COUNTY ORLANDO ORANGE COUNTY OSCEOLA COUNTY
10 CENTRAL FLORIDA DOING BUSINESS IN ORLANDO
11 ORANGE COUNTY
12 POPULATION Orange County: 1,145,956 City of Orlando: 238,300
13 REGIONAL POPULATION Metropolitan Statistical Area: 2,134,411 Orange County: 1,145,956 Seminole County: 422,718 Lake County: 297,052 Osceola County: 268,685
14 TRANSPORTATION 56 miles
15 SCHOOLS School District District Grade A & B Schools Orange A 142 Seminole A 57 Lake B 30 Osceola B 37
16 UNIVERSITY OF CENTRAL FLORIDA Over 56,000 students, including more than 1,250 of international origin 2nd largest university in the nation Ranked by Carnegie Foundation in top tier for research activity Awarded 2,011 business degrees and 739 engineering/computer science degrees in
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18 LABOR FORCE
19 OCCUPATIONAL EMPLOYMENT
20 TAX BURDEN
21 COST OF LIVING COMPOSITE INDEX Source: C2ER Council for Community and Economic Research (formerly ACCRA) 1 st Quarter, 2011
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23 HISPANIC POPULATION Florida: 4,233,806 Puerto Rican: 847,550 Cuban: 1,212,438 Orange County: 308,244 Puerto Rican: 149,457 13% of total population 48% of Hispanic population Osceola County: 122,146 Puerto Rican: 72,986 Seminole County: 72,457 Puerto Rican: 34,378 Economic Impact 1 out of 5 businesses is a Hispanic firm 1 out of 30 is Puerto Rican owned $454 million payroll (Orange County) $748 million payroll (Metro Area) Lake County: 36,009 Puerto Rican: 12,960
24 EMERGING INDUSTRIES MOVING INTO HIGH-TECH
25 MEDICAL CITY & INNOVATION WAY University of Central Florida College of Medicine University of Central Florida College of Dental Medicine U.S. Department of Veterans Affairs Medical Center Nemours Children s Hospital Sanford-Burnham Institute for Medical Research
26 University of Central Florida Innovation Way Corridor Medical City
27 MODELING, SIMULATION & TRAINING National Center for Simulation UCF Institute for Simulation and Training DIGITAL MEDIA EA Sports UCF Florida Interactive Entertainment Academy Full Sail University SECTOR HIGHLIGHTS: Over 150 MS&T companies in the region with over $3 billion in gross product Production industry, including digital media, accounts for $845.5 million in direct sales
28 CLEANTECH & RENEWABLE ENERGY Siemens Energy Mitsubishi Power Systems Orange County Convention Center Solar Project Waste-to-Energy Project SECTOR HIGHLIGHTS: Close to 300 companies Businesses represented: Building efficiency consultants Solar panel manufacturing & installation Biofuels
29 OPTICS & PHOTONICS UCF CREOL (Center for Research and Education in Optics and Lasers) College of Optics and Photonics Lockheed Martin Advanced Laser Systems Technologies SECTOR HIGHLIGHTS: Approximately 95 companies 15,000+ workers Over $2 billion in gross regional product
30 FOSTERING A BUSINESS-FRIENDLY ENVIRONMENT Economic Development Tax Incentives One-Stop Permitting Streamlining Task Force Groups Economic & Jobs Summits
31 PARTNERS IN THE BUSINESS COMMUNITY
32 ACHIEVING SUCCESS IN ORLANDO José Fernández, CEO Florida Compass Group Maritza Martínez, Vice President University of Central Florida Reynaldo Rodriguez, CEO Blue Beetle Energy
33 The Honorable Teresa Jacobs Orange County Mayor Emmanuel Tormes Special Assistant to the Mayor Office of the Orange County Mayor P.O. Box 1393 Orlando, FL
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