Economic Development - City of Boca Raton

The Perfect Blend of Business and Pleasure

The City of Boca Raton provides a unique environment for business – a strong business environment, with economic resources and a well-educated and talented workforce, all within a community known for its high quality of life. Boca Raton is a rich blend of corporate and regional headquarters, small businesses, and innovative start-up companies. There are economic opportunities for all types of companies and businesses.

The birthplace of the of the IBM personal computer, Boca Raton has grown from a small agricultural community to a large regional employment center with one of the largest business concentrations in South Florida. In fact, about half of all of the large office buildings in Palm Beach County are in Boca Raton, and a number of national and international corporations call Boca Raton home. Boca Raton has easy access to road, rail, and air transportation. It is becoming a hub for technology, medical, financial, security and educational businesses, although many other business categories are represented in the City.     

And the backdrop to this successful business environment is a community well known for it high quality of life. Boca Raton has miles of pristine beaches, beautiful parks and landscaping, a wide variety of shops and restaurants, environmental programs, and a variety of cultural events. Boca Raton has high quality public and private schools, and several colleges and universities. It is a financially stable, full-service community, with excellent facilities and services and a low crime rate. Boca Raton truly is a premier community.

2014 Business Plan Competition

Florida Atlantic University’s Adams Center for Entrepreneurship and the College of Business, along with the Research Park at FAU, recently hosted the 2014 FAU Business Plan Competition. More than 250 teams of FAU students, members of the business community, and others competed for a share of more than $200,000 in cash and prizes.

Tim Clark and Bill Cummings won the Entrepreneur Track competition, receiving $17,000 in cash and $17,790 in prizes, for their company, Modulux Lighting, which leverages patent pending energy technology. The FAU Student Track winner, receiving $17,000 in cash and $19,190 in prizes, was FAU student Jan Bednar for his company BedaBox, which utilizes international purchase software. The Greater Boca Raton’s Chamber of Comerce Young Entrepreneurship Academy for middle and high school students scholarship winner was Matthew Pohl, a high school junior, for his a mass micro-equity bitcoin mining farm, Bitquity.

 

Florida Ranks Third in IT Jobs

Florida ranks third nationally in information technology companies and jobs behind only California and Texas, according to a report Monday by InfoWorld, an industry magazine.  "Though best-known for a certain mouse and associated tourist attractions, Florida's also becoming a technology hot spot," the magazine recently reported. Deborah Vazquez, president of ProTech Staffing in Boca Raton, said Florida's -- and South Florida's tech companies and talent -- are not always recognized nationally.  "South Florida is not just a beach town. There's a lot going on down here," she said.

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