Florida Ranks #2 in the nation for best business climate!

A new study by Chief Executive Magazine ranks Florida at the top of the list, second only to Texas for the best state to do business. The news is no surprise to CEOs in Pasco County, Florida, many of whom moved to Florida for its low taxes, light regulation and quality of life.

Some of the comments from CEOs in their survey included:

“Florida is becoming a hot bed for key industry clusters such as aviation, life science, corporate HQs and hedge funds.”

“Florida [has the] lowest tax structure, best climate, good governor, focus in reducing unnecessary state and local bureaucracy, improving K-12 education system and great higher education system and access.”

“Florida has a governor who is committed to job growth and lessening red tape.”

It’s true! Florida is one of the BEST places to do business in the nation.

But where is the best place to do business in Florida? Our answer is Tampa Bay. And specifically, Pasco County. That’s right! Pasco County not only touts the incredible benefits that Florida already offers companies looking to relocate, but the County has stepped ahead to provide even more benefits above and beyond what the State of Florida offers.

Pasco County’s local incentives are extremely competitive. Did you know? If a company moves to Pasco and creates 10 or more qualifying jobs with an average wage above $37,000, the County will write it a check for $2,000 per employee. No other county in Florida offers this program.

Are you looking for a new location for your company’s headquarters? Does your company need a southeast division? Look no further than Pasco County. Contact us today for a customized report on the benefits and savings specific to your company.

New Port Richey Named One of 217 “Playful City USA” Communities

KaBOOM! selected New Port Richey for its outstanding dedication to play. New Port Richey is working to improve the quality of their current parks, while involving the community in the process. After identifying that residents were often unfamiliar with the location of recreational facilities, the city launched an initiative to raise the visibility of the parks and recreation department in the community through school programming and community events.

Today’s generation of children play less than any previous generation despite the vast benefits of play. The Journal of the American Academy of Pediatrics reports that play is essential to the social, emotional, cognitive and physical well-being of children.

“Live, Work, Play” is the motto that the City of New Port Richey lives by. The “Playful City USA” organization has only been around for the past 6 years. It has been 5 years in a row that New Port Richey has received the “Playful City USA” recognition.

These Playful City USA Communities are making a commitment to play and physical activity by developing unique local action plans to increase the quantity and quality of play in their community.

Congratulations to the City of New Port Richey for receiving the National recognition of a “Playful City USA Community” for the fifth year in a row.

For more information on the KaBOOM! Playful City USA program, visit www.playfulcityusa.org.

Saint Leo University Unveils Students’ New Hi-Tech Digs

Business leaders, community leaders, students and faculty had the chance to tour the new 135,000 square-foot residence life center at Saint Leo University last week. The $22 million complex consists of two buildings with a shared courtyard, and suite-style dorms housing a total of 300 students.

But, this is no ordinary dorm. You could say it is the difference between staying at a hotel, and staying at a resort with all the amenities you could want! Like something you would see on The Jetsons, the dorms include a hi-tech relaxation room with energy pods, where students can take quick naps to give them an energy boost for their day.  But that’s not all! The new dorms are complete with four large flat screen TVs, a fitness room with treadmills and equipment, and a game room with pool tables, pinball, Foosball and video games.

Fans of the Animal Planet TV show “Tanked” will love the new 2,100-gallon aquarium designed by Wayde King and Brett Raymer, owners of Las Vegas-based Acrylic Tank Manufacturing. The huge fish tank is the centerpiece of the dormitory lounge and will be featured on the TV show in November!

Source: College life goes luxe at Saint Leo University, Tampa Tribune (TBO.com)

Don’t believe it? Take a look for yourself and see what the students are saying about their new digs:

What is PascoCounty.TV? The Pasco Economic Development Council is very soon launching a TV web channel showcasing Pasco County and Tampa Bay as the best place for your business. The video above is just a glimpse of what is soon to come. Look for an announcement later this week!

 

Florida ranks in the top 10 most entrepreneurial states

According to the Kauffman Index of Entrepreneurial Activity, Florida is in the Top 10 most entrepreneurial states in the USA.

In a recent article CNN Money profiles Florida and the other ten states that made the top ten. Why did Florida make the top ten? Here’s the facts they give:

  • Small businesses make up 75% of the state’s gross domestic product.
  • One of every five domestic exporters is based in Florida.
  • Florida has reduced regulations and business taxes.
  • There’s also no personal income tax.
  • Florida has become a magnet for technology startups.
  • Medical device manufacturers are springing up all around Florida.
  • Robotic device makers for aerospace and defense are expanding around the state.

It was mentioned in this article that soon Florida would soon have a one-stop shop state online portal where entrepreneurs can access all the information they need to start a business. WAIT A MINUTE! We already have that in Pasco County! It’s called the Pasco Enterprise Network, and it has already helped hundreds of local entrepreneurs connect with the right people to help their small business.

Pasco EDC has even started a microloan fund to help small businesses and entrepreneurs who can’t receive traditional financing. Four loans have been given out and more are on the way.

The Silicon Valley began out of an environment of entrepreneurship, and has grown into one of the United State’s most recognized technology hubs. Tampa Bay is on the rise, and companies will want to get on board to be a part of history in the making. We’ve got room to grow in Tampa Bay, why not join the entrepreneurial vibe in Pasco County.

Source: CNN Money: 10 most entrepreneurial states

650 CEOs say Florida is one of their favorite places to do business.

650 CEOs from across the United States ranked their favorite states to do business based on issues, including regulations, taxes, workforce quality, educational resources, quality of living and infrastructure.

Turns out, CEOs love Florida, ranking it No.2 just behind Texas. Why did they rank Flrodia so high? A big factor was low taxes, and they are right… and for CEOs looking to move to Tampa Bay, here’s a hint: Pasco County’s taxes are one of the lowest!

In fact, every time Pasco County gets a tax cut, Richie gets a raise in his allowance. No telling what you would get. Impact fees? Richie doesn’t pay them, chances are you won’t either. No wonder Raymond James and T. Rowe Price chose Pasco County for their future home. Will you join them?

Source: CEOs rank Florida as second-best state to do business in, Tampa Bay Times, 05/03/12

Is Pasco County the “Silicon Valley of the 1950s”?

Source: NPR.org

Silicon Valley in 1953. Source: NPR.org

It all started with lots of land covered with farms and orchards.  No, we’re not talking about Pasco County, we’re talking about Silicon Valley. Due to the buzz about Facebook going public, NPR released a story about how Silicon Valley came to be. We can’t help but look at the history of Silicon Valley and notice the similarities of that California region on the verge of greatness and Pasco County here in Tampa Bay.  Pasco County like Silicon Valley has thousands of entitled acres and instead of vineyards, Pasco has plenty of orange groves, kumquats too! Like Pasco they had the land, now all they needed were brilliant people.

According to NPR’s recent story on the creation of Silicon Valley, Silicon Valley needed four ingredients to begin, first it needed brilliant scientists.  It started in 1956 when William Shockley won the nobel peace prize for his co-invention of a transistor. Since birds of a feather flock together, Shockley soon attracted more brilliant scientists to Silicon Valley.

Over the last few years we have seen brilliant engineers, scientists and the like make the move to Pasco County. Take a look at Power Quality International (PQI) who makes transformers that reduce the power system, load losses, and improve efficiency for engineers. They have a long list of “firsts to invent” and are revolutionizing the transformer industry.

Next to Pasco comes Tim Tangredi of Dais Analytic with “industry-changing” nanotechnology applications that address the growth of global water and energy demand. It put the Pasco-based company in the #2 position on the Top 12 energy companies to watch in 2012 in Forbes Magazine.

Brilliance… we’ve got brilliance.

The second ingredient for Silicon Valley was a spirit of entrepreneuship.

Pasco County is on a trek of entrepreneurship. It started when all of the local non-profits got together in a collaborative effort to create a strong referral network for entrepreneurs wanting to start their own business – the Pasco Enterprise Network. Our PEN Partners provide consulting, counseling, education, and technical assistance in a variety of areas and subjects for those looking to start their own business or grow their small business.

To add to that, Pasco EDC began their own microloan fund this year to help entrepreneurs and emerging small businesses who can’t get traditional financing. It provides an alternative for those who may have a really great idea and the experience to put it in action, but lack the funding.

The spirit of entrepreneurship in Pasco County is at an all-time high!

Could we be raising the next Steve Jobs, Bill Gates, or Mark Zuckerberg here in Pasco County? You betcha… only time will tell!

Source: A Rare Mix Created Silicon Valley’s Startup Culture, NPR.org, 04/04/12

Food Manufacturing Is Big in Florida and About to Get Bigger

Food products comprise the second largest manufacturing sector in Florida, employing more than 27,000 workers and accounting for about $5 billion of the state’s gross domestic product. Given Florida’s own large market and the influx of over 85 million visitors to the state every year, it is not surprising that food is big here. We all have to eat, after all. But this piece of Florida economy is poised to grow, judging by recent news. Over the last couple of months, Florida has enjoyed a wave of announcements from food, beverage, and grocery companies opening or expanding manufacturing, distribution, and headquarters activities in the Sunshine State.

In Pasco County we’ve got everyone’s favorite bottled water in Zephyrhills, plus Florida Estates Winery in Land O’ Lakes. But it doesn’t stop there! Dade City is home to the Kumquat Growers, Inc., the nation’s largest producer and shipper of kumquats and kumquat products. Pasco is also home to Oakley Groves, the Zephyr Egg Company, and American Food Distributors.

If your company is looking to expand, consider the advantages of moving to Pasco County: thousands of entitled acres, cash incentives, low taxes, access to I-75, rail and ports, plus a skilled workforce ready to work for you! There’s room to grow in Tampa Bay. Come visit us in Pasco County!

Pasco County Sweeps “Future of the Region Awards” and Aces the OneBay!

The Tampa Bay Regional Planning Council (TBRPC) today awarded Pasco County the coveted One Bay Award, effectively elevating the county to elite status among Tampa Bay communities.  TBRPC is the regional expert when it comes to land planning and development. This is the second year Pasco County was chosen for the OneBay award–and also only the second year the award has been in existence.

future-of-the-region-awardsThe award was given to Pasco County for innovatively becoming one of Florida’s first counties to adopt the mobility fee as a replacement of transportation impact fees. The Pasco Economic Development Council partnered with the County to craft the program and gain support from the development community to help adopt the fee. The new fee schedule dramatically lowers the cost of office and industrial development in Pasco County.  For example, Pasco’s mobility fee for office, industrial and transit-oriented development along US-19 and S.R. 54/56 corridors is $0. The intent of the Commissioners’ action is to stimulate construction and job creation.

Also at the “Future of the Region Awards,” Pasco County took first place in the Development/Infrastructure category, again, for its mobility fee program, and first place in the Cultural/Sports/Recreation category for the Pasco County Starkey Wilderness Park Trail Project (Phases I through IV). An Honorable Mention was also given to Pasco County for its Elderly Nutrition Program.

“It was like sweeping the Grammys!  Pasco County won more awards than any organization,” said John Hagen, Pasco EDC President/CEO. “The mobility fee is truly innovative and puts Pasco County in a class by itself.  It provides a decided business advantage over other communities.  For office, hotel, and industrial users in the key development corridors along US 19 and SR 54/56, it’s free.  It is gratifying to see Pasco County receive the attention it deserves for its bold leadership to encourage job creation.”

TBRPC exemplifies the significance of innovative planning and provides honor and recognition for notable achievements in resource planning and management in the Tampa Bay Area.  Over 30 applications were received covering the following categories:  Community Service, Cultural/Sports/Recreation, Development/Infrastructure, Natural Resources/Environment, Going Green, and Public Education.  An Independent Awards Jury reviewed each entry on the following criteria:  regional quality of life benefit, benefit to environment, innovation, cost effectiveness, capacity for continuing impact, and regional benefit.

Financial Firms and Shared Services Companies Love Pasco!

DID YOU KNOW? Tampa Bay has emerged as the preferred destination for corporate shared services operations – a claim easily backed up with the fact that 10% of the Fortune 50 and 9% of the Fortune 100 have located here.

Tampa Bay hosts more than 40 back office and shared services operations that employ over 40,000 local residents. Major financial firms include:

  • Raymond James Financial
  • T. Rowe Price
  • JPMorgan Treasury Technologies
  • PriceWaterhouseCoopers
  • Franklin Templeton
  • Citigroup

Other big names in Tampa Bay are:

  • Coca Cola Enterprises
  • FedEx LTL Administrative Center
  • Geico Direct
  • Lockheed Martin
  • MetLife
  • State Farm Insurance

Key decision factors that brought these companies to Tampa Bay:

  • Access to human resources talent – particularly four year college trained individuals. There are over 64,000 four-year college students in the area.
  • Tampa International Airport – non-stop access to nearly 70 major North American cities with competitive fares.
  • Attitude toward business – the local governments and business leaders have a strong interest in supporting the growth of back office and shared services operations in the Tampa Bay area.
  • Competitive operating costs – the cost of labor and real estate is substantially less than in New York City. Labor is estimated at 15-20%+ less than in New York City and real estate is estimated at 50-70% less than in New York City.

Why wait?  Why not make the move to Pasco County. We’ve got thousands of entitled acres, I-75 access and a huge talent pool waiting for you!

JPMorgan Treasury Technologies

Pasco County is the perfect place for your business!

Pasco County is the perfect location for growing both your expanding business and your lifestyle.  Pasco’s prime location offers accessibility, affordability and room to grow.

Just 30 miles north of Tampa and about 50 miles west of Orlando, it easy to enjoy all that West Central Florida has to offer. Pasco County is connected to Tampa Bay’s vibrant economy and cultural amenities with easy access to major highways, airports, railway lines and deep seaport.

Pasco_canoe_web

Pasco County is a diverse and rapidly growing mix of communities with unique character, charm and opportunity for growth. Once a bedroom community for the rest of Tampa Bay, Pasco County is emerging as a thriving center for business and commerce. An excellent quality of life and a supportive environment for business and industry has helped Pasco County become one of the top 40 fastest growing counties in the United States. Pasco County is outpacing the rest of the Florida in terms of new employers and employment opportunities and was recently named a “hot bed” for small business and entrepreneurial growth.

Pasco County has more than 100 square miles of managed recreational facilities, including parks, four artificial reefs (one made up of surplus military tanks), more than 25 golf courses, and three state-designated canoe trails. The possibilities to enjoy the outdoors and nature are unlimited.