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Endeavor Miami Impact Report 2020

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#43 MEG 7.2 "South Florida is a hotbed for Healthcare IT companies due to its ability to attract national and foreign capital, tax benefits, temperature friendly climate and access to higher learning centers. Companies like CareCloud, CarePredict, ChronWell, Modernizing Medicine among others attract top thinkers and talent to South Florida." Joseph Rubinsztain, Co-founder & CEO of ChronWell More entrepreneurial companies with 50 or more employees than expected compared to other metros in the surrounding area. 2.3x Businesses that develop medicines, instruments, and devices for healthcare purposes. PROMINENT LOCAL SUB-SECTORS • Prescription Drugs and Treatments • Medical Devices • Other Manufacturing including Supplements and Vitamins KNOWLEDGE INTENSITY OF TYPICAL EMPLOYMENT • Proportion of Roles Requiring Less Than a Bachelor's Degree: Below Average Most common occupations: Assemblers, Packaging and Machine Operators, Chemical Processing Machine Operators, Inspectors, Production Supervisors • Proportion of Roles Requiring a Bachelor's Degree or Higher: Above Average Most common occupations: Software Developers, Programmers, Electrical Engineers, Chemists, Materials Scientists, Industrial Engineers, Mechanical Engineers, Biological Scientists Projected growth for national industry in coming years. Proportion of local entrepreneurial companies with 50 or more employees launched in last decade. 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. 3. Pharmaceutical and Medical Device Companies 15+ 1.3x Greater than average Slightly negative

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