Here's why:
Strategic Geographic Location
Central Florida's Space Coast is strategically positioned along Florida's eastern coast, providing convenient access to major transportation arteries. Its proximity to Orlando International Airport, Port Canaveral, and major highways ensures seamless connectivity for businesses requiring efficient logistics and distribution networks.
Aerospace and Aviation Hub
As the birthplace of America's space program and home to NASA's Kennedy Space Center, the Space Coast boasts a rich aerospace and aviation heritage. Today, it remains a thriving hub for aerospace manufacturing, research, and innovation. Companies in this sector benefit from proximity to industry giants, cutting-edge technology, and a skilled workforce with deep expertise in space exploration and aviation.
Research and Development Opportunities
The Space Coast is a hotbed of research and development, attracting businesses seeking to pioneer groundbreaking technologies. With renowned institutions like NASA, SpaceX, and Blue Origin conducting cutting-edge research and development initiatives, the region offers a fertile environment for collaboration and innovation.
Advanced Manufacturing Capabilities
Central Florida's Space Coast is equipped with state-of-the-art manufacturing facilities and expertise, particularly in aerospace and defense. Businesses in these sectors have access to specialized infrastructure and support services, enabling them to manufacture high-tech components and systems with precision and efficiency.
Talent Pipeline and Educational Resources
The region's strong educational infrastructure, including top-tier universities and technical colleges, produces a steady stream of skilled talent in science, technology, engineering, and mathematics (STEM) disciplines. This talent pipeline ensures a robust workforce for businesses seeking specialized expertise in aerospace, engineering, and related fields.
Business Support and Incentives
Central Florida's Space Coast offers a supportive business ecosystem, with economic development organizations and government agencies providing resources, incentives, and assistance to help businesses succeed. From tax incentives to access to research grants and industry partnerships, the region offers a range of opportunities for growth and expansion.
Quality of Life
Beyond its business advantages, the Space Coast offers an exceptional quality of life. With its beautiful beaches, outdoor recreational opportunities, and vibrant cultural scene, the region provides an attractive setting for employees and their families. This combination of professional opportunities and lifestyle amenities makes the Space Coast an ideal destination for business and personal growth.
Pro-Business Climate
Florida’s huge market and pro-business climate help companies reach growth and expansion goals with ease.
Florida consistently ranks among the best states for business, thanks to its pro-business state tax policies, competitive cost of doing business and streamlined regulatory environment. Government and economic development leaders work together to ensure that the state’s business climate remains favorable to companies of all sizes, including some of the nation’s leading corporations.
Beyond that, Florida offers a cost-efficient alternative to high-tech states with more affordable land, labor and capital than its competitors. The state’s regulatory agencies and local governments provide quicker, less costly and more predictable permitting processes for significant economic development projects without reducing environmental standards. Florida’s zero percent personal income tax also makes it easier for you to build the business of your dreams. More money in your pocket today means more flexibility to spend on your business, your family and your future.
