HOW CAN COMPANIES PIONEER THE FUTURE OF AGTECH AND LIFE SCIENCES IN FLORIDA?
By investing in a world-leading agtech and agribusiness ecosystem.
FLORIDA: WHERE AGTECH INNOVATION THRIVES
2 MILLION+ AGRICULTURE & TECH WORKFORCE
In Florida, you’ll find the specialized, trained talent you need to achieve agtech success. In fact, Florida’s technology industry added more than 18,000 jobs in 2018, ranking it second in the nation for tech job growth.
#1 STATE FOR PRODUCTION VALUE OF SEVEN AGRICULTURAL PRODUCTS
From oranges to sugarcane and tomatoes, the Sunshine State is a leading producer for a variety of products – just another example of how Florida is supporting the agriculture industry and agribusiness companies.
#2 FOR INNOVATION
Adding more than 3,100 tech startups and new tech business formations in 2017, Florida ranks top in the nation for innovation, creating the right agtech ecosystem to help fuel your company’s future growth.
GLOBAL HUB FOR PERISHABLE IMPORTS
Florida gives your company reliable, high-tech access to the global agriculture industry. The Sunshine State is positioned in close proximity to Latin America and ranks No. 3 in the U.S. for industrial food commodity cold storage.
FAST-EMERGING AGRISCIENCE INDUSTRY
Florida’s $100 billion annual agricultural industry has helped spur new advancements in agtech and agriscience, ensuring even the most specialized companies have support. In fact, Florida is No. 2 in the nation for the largest number of aquaculture establishments, harvesting agricultural products such as fish, fruits, and vegetables from oceans, fields, greenhouses, and combined operations.
54 INCHES OF RAINFALL PER YEAR
Agricultural businesses depend on a consistent source of water to grow their crops every year. Ranked No. 5 in the U.S. for average rainfall and home to a vast network of aquifers, Florida can help your agtech or agribusiness company thrive by ensuring reliable access to high quality water for your irrigation, crop and livestock needs.
A TOP-TIER TALENT POOL TO FUEL FLORIDA’S AGTECH INDUSTRY
Florida offers the perfect workforce to help agtech companies drive innovation and business growth, ranking No. 1 in higher education by U.S. News & World Report and No. 1 in the Southeast U.S. for high-tech talent. In fact, Florida is one of only six states that has produced more than 30,000 bachelor’s, master’s, and doctoral degrees in science and engineering. This workforce has the critical skills for innovating the future of agriculture at the intersection of science and technology.
Florida’s agtech and agribusiness workforce is also supported by a number of highly respected agriscience research hubs, including the University of Florida Institute of Food and Agricultural Science (UF/IFAS), one of the largest comprehensive agriculture research and extension systems in the U.S. As a leader in agriscience research and development in Florida, UF/IFAS is working to ensure the agriculture industry keeps growing in the state through innovative programs and partnerships with private agtech companies.
FPL KEEPS YOUR AGRIBUSINESS RUNNING
WHERE INDUSTRY GETS ITS POWER
FPL supplies hundreds of agtech and agribusiness companies in our service territory, while Florida in general is home to major industry players like Florida Food Products, Novaphos, Valensa, Senninger, Mosaic, Agri-Tech Services and more.
AFFORDABLE RATES & INCENTIVES
FPL electric rates are 41% below the national average―as low as $0.05/kWh. FPL also offers negotiable incentive rates, like the Commercial Industrial Service Rider (CISR), for companies that have a new electric demand of 2 MW or more, as well as our Economic Development Rider (EDR), which was designed to help attract new investment to the Sunshine State.
FPL’s reliability was 57% better than the Edison Electric Institute 2018 national average. And in 2019, for the fourth time in five years, FPL received the 2019 ReliabilityOneTM Award presented by PA Consulting, a prestigious recognition for electric utilities for providing their customers with the highest levels of reliability in the industry.