The Economic Impact Of Scripps In Florida

The ECONOMIC IMPACT of SCRIPPS in FLORIDAThe announcement made by Scripps Research base that it has selected wield marge County for its new east U .S . facility has generated worldwide interest in the office s robust business environment (Business . It will be a 364 ,000 square-foot , state-of-the-art biomedical research facility in do by marge County , which will focus on basic biomedical science , drug discovery , and technology development employing more(prenominal) than 500 researchers and support staff by 2010 (West Palm Beach PhilanthropistAccording to the president of the chamber of Commerce of the Palm Beaches , the world s tether(p) biomedical research facilities known as Scripps Research Institute has the potential to invigorate the county s entire economy (BusinessAccording to Florida Atlantic University prexy , Frank Brogan Florida can twist its economy from market-gardening and tourism to high-tech for which this is a precursor to a square increase in high-tech fortunes for the state (KingPalm Beach County has a high quality of life that fuels scotch development . It offers the benefits of a fast-growing population , a skilled workforce , wellhead-to-do 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 fillip programs . Florida has no state income tax and a low unified tax structure . The county s property tax rate is i of the lowest in the state . In addition , Palm Beach County is one of only three counties in Florida awarded double up A ratings by study bond rating agenciesPalm Beach County has successfully several leading sectors for continued growth such(prenominal) as : Medical /Pharmaceutical /Health Care , Aerospace and engineering science , Communications and Information Technology , Business Financial and headquarters Services , Agribusiness , and Tourism /Recreation /Entertainment .

With these , the Chamber of Commerce of the Palm Beaches is working closely with municipalities , as well as county and state governments to meet the needs of individual companiesNumerous economic development incentives are available , including grants for creating new jobs , tax rest 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 withal 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 contributor to the region s economy in the industry of agriculture . Whereby , more than 500 ,000 acres are dedicated to agricultural production 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 send and online services are all part of the county s...If you want to bear a full essay, order it on our website: Orderessay

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