The Economic Impact Of Scripps In Florida

The ECONOMIC IMPACT of SCRIPPS in FLORIDAThe announcement made by Scripps Research establish that it has selected address beach County for its new eastern U .S . facility has generated worldwide interest in the parting s robust business environment (Business . It will be a 364 ,000 square-foot , state-of-the-art biomedical research facility in decoration set down County , which will focus on basic biomedical science , drug discovery , and technology development employing much than 500 researchers and support staff by 2010 (West Palm Beach PhilanthropistAccording to the president of the bedroom of Commerce of the Palm Beaches , the world s jumper cable biomedical research facilities known as Scripps Research Institute has the potential to invigorate the county s entire economy (BusinessAccording to Florida Atlantic University chair , Frank Brogan Florida can twist its economy from culture and tourism to high-tech for which this is a precursor to a crucial increase in high-tech fortunes for the state (KingPalm Beach County has a high quality of life that fuels economic development . It offers the benefits of a fast-growing population , a skilled workforce , comfortable location , effective multimodal transportation network and a pro-business entrepreneurial climate which is conducive for living and /or working environmentConsidering financial advantages of doing business in Palm Beach County would include a favorable tax structure and numerous training and inducing programs . Florida has no state income tax and a low somatic tax structure . The county s property tax rate is ace of the lowest in the state . In addition , Palm Beach County is one of only three counties in Florida awarded double over A ratings by major bond rating agenciesPalm Beach County has successfully several take sectors for continued growth such(prenominal) as : Medical /Pharmaceutical /Health Care , Aerospace and technology , Communications and Information Technology , Business Financial and home base Services , Agribusiness , and Tourism /Recreation /Entertainment .

With these , the Chamber of Commerce of the Palm Beaches is working closely with municipalities , as come up as county and state governments to meet the needs of individual companiesNumerous economic development incentives are available , including grants for creating new jobs , tax comforter and training subsidies . The county s foreign trade zones and enterprise zones offer surplus incentives to manufacturing and service companies . In addition , Palm Beach County in any case offers relocating and expanding businesses and facilities for new offices , warehouses , shopping centers and residential developments Since construction is one of the county s major industries , businesses can use the expertise of area developers , architects , engineers contractors and related industriesKey Industries at Palm BeachAgriculture . Palm Beach County , which is considered as the largest agricultural county in Florida and the eighth largest in the United States , is a vital ratifier to the region s economy in the industry of agriculture . Whereby , more(prenominal) than 500 ,000 acres are dedicated to agricultural proceeds in the EAA , and Palm Beach County is one of the nation s leading producers of cane sugar and sweet cornCommunications . Newss , magazines , television and radio move and online services are all part of the county s...If you want to go bad a full essay, order it on our website: Ordercustompaper.com

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