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 universities in the county, the ability to partner with top higher education institutions, and entrepreneur-driven connectivity groups.
West Palm Beach International Airport (PBI) was ranked #8 among 2014’s Fastest Growing U.S. Airports by Metro Rankings (Business Facilities Rankings Report, 2014).
Palm Beach County boasts three (3) Young Entrepreneur Academy programs. In 2015, Kayla Abramowitz of the Northern Palm Beach County Chamber of Commerce YEA! Class, won first place in the national YEA! Competition with her business idea, Kayla Cares 4 Kids. Rebecca Zerbo of the Boca Chamber Young Entrepreneurs Academy won the 2012 Saunder’s Scholars Bright Ideas Competition, and received investment in her company, Positive Pocket.
The 2014 USDA Community Development “Rural Community of the Year” award was given jointly to Glades region organizations CareerSource Palm Beach County; the cities of Belle Glade, Pahokee, and South Bay; Business Development Board of Palm Beach County; Lake Okeechobee Regional Economic Alliance; and Palm Beach State College (USDA Community Development, 2014).
Florida Atlantic University 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.
Florida Atlantic University’s College of Business was named the Top Business School for veterans in South Florida. It is also a Top 50 business school in the country for veteran education, according to the 2015 “Best for Vets” survey. (Military Times Magazine, 2015).
Palm Beach County is a financial center, and a number of angel and venture capital organizations are active in the county.
Palm Beach State College is the eighth-largest producer of Associate Degree graduates in the U.S. The annual Top 100 rankings show that Palm Beach State awarded 4,598 degrees in the 2012-2013 academic year, a 9% hike over the previous year (Community College Week, 2014).
According to U.S. News & World Report, two Palm Beach County public high schools are ranked among the Top 100 nationwide: Alexander W. Dreyfoos Jr. and Suncoast High. Both schools have highly regarded magnet programs, and regularly appear on top rankings lists.