The world around us is constantly changing as technology evolves. Investing in high-tech jobs can set Florida up to succeed far into the future, while providing people with high-wage jobs that will keep the American dream alive and well in our great state. Other states have already committed to investments in the future, with millions of dollars being poured into high-tech centers that boost the economy and create hundreds of jobs.
Luckily, our state leadership is committed to this goal, with Gov. Rick Scott recognizing the growing need for high-tech jobs in the state. He has consistently touted STEM programs in Florida’s education system, including his $10,000 STEM Degree Challenge to steer students into high-tech STEM jobs. He approved $15 million in funding last year for the Florida Advanced Manufacturing Research Center, now BRIDG, which partners with universities and companies to develop high-tech sensors.
Studies have shown that regions and states comprising of high-tech research and industrial centers achieve economic boons. The Bluffs, an advanced manufacturing park in Pensacola, is a prime example: A Florida TaxWatch report found that about 6,000 new positions in Pensacola’s manufacturing sector would be created if The Bluffs reached its maximum potential. It goes on to state that new wages in the region as a result of increased job creation could grow by as much as $400 million and that Florida’s Gross State Product could rise by as much as $1.1 billion.
Research centers like BRIDG and The Bluffs are critical pieces to Florida’s high-tech puzzle and need both private and public support to attract companies to invest in them. We will need every available resource in the toolkit to do so, including Enterprise Florida (EFI), which has played a large role in the development of BRIDG and The Bluffs.
Unfortunately, EFI is at risk of being eliminated completely by the Florida Legislature, which would cut our investments on opportunities in high-tech fields. This would be an unwise move, especially as other states bolster their efforts to build up their high-tech industries and put Florida at a disadvantage to other states, halting the progress the state has made in high-tech principles. Instead, lawmakers in Tallahassee should consider the benefits of using EFI and other state resources to boost our high-tech footprint.
In this global economy, we cannot afford to rest on our laurels. Making an investment to ensure that Florida becomes a high-tech hub that attracts the top individuals and companies to the state is essential to the success.
Pat Neal is former state senator and the former chair of the Christian Coalition of Florida; currently serves as chairman-elect for the board of directors of Florida TaxWatch, the state’s independent, nonpartisan, nonprofit research institute and government watchdog; and is the president of Neal Communities.