Palm Beach County includes a growing and diverse population; favorable corporate tax rates; easy access to international transportation via our airports and port; emerging technology, entrepreneurship, and bioscience sectors; a support system for entrepreneurial incubation and cultivation; an education system dedicated to excellence; and a skilled and educated workforce.
Palm Beach County has a wealth of resources for entrepreneurs, including entrepreneurship programs at four colleges and universities in the county, the ability to partner with top higher education institutions, and entrepreneur-driven connectivity groups. The County is home to many support organizations dedicated to stimulating a robust entrepreneur ecosystem such as Palm Beach Tech, Start Up Palm Beach, and FAU Tech Runway to name a few. View a full list of the organizations here.
A recent success story is Boca Raton’s Modernizing Medicine, which was founded by entrepreneurs Daniel Cane and Dr. Michael Sherling. The company has quickly grown to over 550 employees. The Business Development Board recently assisted the company in expanding its operations to add 838 net new jobs while making a capital investment of more than $15 million in Palm Beach County by 2022.
Palm Beach County’s collaborative environment ensures that there’s an educated workforce ready to facilitate this innovation while putting Palm Beach County at the top of the list of most desirable places to live and work. In fact, the county boasts three (3) Young Entrepreneur Academy programs, which all develop a pipeline for successful entrepreneurs at a young age. For example, Young entrepreneur Kayla Abramowitz of the Northern Palm Beach County Chamber of Commerce YEA! Class won first place in one of the national YEA! Competitions with her business idea, Kayla Cares 4 Kids. Rebecca Zerbo of the Boca Chamber Young Entrepreneurs Academy won the Saunder’s Scholars Bright Ideas Competition, and received investment in her company, Positive Pocket.
Another innovative program that we are proud to have in our backyard is FAU Tech Runway, which provides entrepreneurs with a complete ecosystem to house, educate, mentor and fund their companies from origination through venture funding. Since its inception in 2014, FAU Tech Runway® has launched and served 52 startup companies, which collectively have raised more than $46 million in capital, created nearly 300 jobs and generated more than $23 million in sales revenue. Florida Atlantic University also holds an annual business plan competition, where teams compete for cash, legal and business services, office space at FAU’s research park, the opportunity to present to local angel and VC groups, and more.
Palm Beach County provides a robust environment for success and a competitive, business-friendly climate – organizations requiring specialized skills are drawn here because of high industry concentration, proximity to peers, and even the location of competitors.
Equestrian Sport Productions
Sancilio & Company