"Successful economic development strategies not only grow an economy
but raise living standards for all of its residents. Successful economic
development should put a metropolitan economy on a higher trajectory
of long-run growth… by improving the productivity of individuals and
firms in order to raise local standards of living for all people."
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Since its inception in 2013, the Endeavor Miami office has worked
tirelessly to select entrepreneurs across all industries. Nonetheless, it is
apparent that certain key verticals have emerged in the Miami economy
as drivers of major growth. As published in Impact Report 2014/2015,
these verticals include: software, technology and IT; healthcare and
medical technology; food and beverage services; creative industries;
and education. Following is an update on how these verticals are
evolving. In an economy as diverse as Miami's, verticals such as these
have helped maintain a strong foundation for the business community,
and many of our entrepreneurs have tapped into these robust growth
trends.
Bright Spots and
Industry Insights
SOURCE:
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MIAMIDADE.GOV, L ABOR MARKE T REPORT 2015: Q4.
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BROOKINGS INS T IT U T E - QUOT E FROM FIU.
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T ECHCRUNCH.COM, T HE MIAMI T ECH SCENE IS HE AT ING UP, JAN. 3, 2016.
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K AUFFMAN.ORG,
MA JORIT Y OF U.S. S TAT ES SEE RESURGENCE OF S TART UP ACT IVIT Y IN 2015, ACCORDING TO ANNUAL K AUFFMAN FOUNDAT ION REPORT, JUNE 4, 2015.
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KNIGH T FOUNDAT ION.ORG, T ECH LE ADER MANNY
MEDINA PRE VIEWS WHAT'S NE X T FOR EMERGE AMERICAS AND MIAMI'S S TART UP ECOSYS T EM, MARCH 2, 2016.
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Impact Report