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Endeavor Miami Impact Report 2020

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// Endeavor Miami Impact Report 2019 Greater Miami's Competitive Advantages in Entrepreneurship Local entrepreneurial companies with 50 or more employees. More entrepreneurial companies with 50 or more employees than expected compared to the rest of the U.S. More entrepreneurial companies with 50 or more employees than expected compared to other metros in the surrounding area. Proportion of local entrepreneurial companies with 50 or more employees launched in last decade. Projected growth for national industry in coming years. 50+ 1.2x 2.3x Greater than average High but positive "The technology industry in Miami is well positioned to improve due to the immigrant talent in the region. The potential is there and the fundamental characteristics, such as low cost of living, make Miami, to a certain degree, an advantageous environment for the tech industry." Seth Cassel, Co-founder & President of EveryMundo Companies that develop and sell software- enabled services to business clients, use software to sell consumer products online, or develop custom software applications for businesses. PROMINENT LOCAL SUB-SECTORS • SaaS, particularly for prominent local industries (e.g., Healthcare, Construction, Finance) • eCommerce KNOWLEDGE INTENSITY OF TYPICAL EMPLOYMENT • Proportion of Roles Requiring Less Than a Bachelor's Degree: Below Average Computer Support Specialists, Sales Representatives, Customer Service Representatives • Proportion of Roles Requiring a Bachelor's Degree or Higher: Above Average Most common occupations: Software Developers, Programmers, Computer and Information Analysts, Database and Systems Administrators, Network Architects 2. Software and Software-Enabled Companies

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