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Embracing Diversity | Glades Economy | Healthcare Reform | Export Opportunities A Quarterly Economic Development Publication Fall 2014 A Stellar Year for Job Growth

Palm Beach County Business Magazine (Fall 2014)

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Page 1: Palm Beach County Business Magazine (Fall 2014)

Embracing Diversity | Glades Economy | Healthcare Reform | Export Opportunities

A Quarterly Economic Development Publication Fall 2014

A Stellar Year for

Job Growth

Page 3: Palm Beach County Business Magazine (Fall 2014)

3PBCB

CONTENTSEmbracing Diversity

in Sports Organizations

Private Sector Driving Healthcare Reform, Says Florida Blue CEO

Glades Sees Reinvestment,Job Gains Through County

Business Assistance Programs

A Stellar Yearfor New Job Creation and Retention

EducationLynn University Opens International Business Center

BDB Partners with Lynn UniversityGlades Training Program

12 Facts AboutPalm Beach County School District

IsraelOffers Trade and Investment Opportunities

AfricaA Growing Market Opportunity

NewsGrowFL Recognizes Four Palm Beach County Companies

Forbes says West Palm Beach is #1Relocations & Expansions

TO OUR MEMBERS AND PARTNERS:

This issue of Palm Beach County Business features an overview of the BDB’s record

breaking 2013-2014 fiscal year and a summary of its corporate relocation and

expansion projects. As you’ll see, Palm Beach County’s economic climate trended

positively and is well-positioned for continued growth.

Additionally, you’ll discover how the BDB proactively interacts with foreign markets –

specifically Africa and Israel; learn about projects taking place in the Glades; and acquire

knowledge about the future of health care from Florida Blue CEO, Pat Geraghty.

I hope you enjoy reading Palm Beach County Business which is made possible with

the support of the Palm Beach County Board of Commissioners, and the significant

investments from our private partners notably, CareerSource, NextEra Energy, Inc.

and Florida Crystals.

As we proactively work to further Palm Beach County’s ever-thriving economy,

please continue to follow us on Facebook and Twitter and watch four our e-

newsletters to stay well-informed on economic development and business news in

Palm Beach County.

Kelly Smallridge

President and CEO

Welcome from the President

456

710

121314

Business Development Board of Palm Beach County, Inc.310 Evernia Street | West Palm Beach, FL 33401561.835.1008 | www.bdb.org

Palm Beach County’sEconomic Development Resource

Published by » Passport Publications & Media Corporation

ON THE COVERClematis Street, West Palm Beach©West Palm Beach DDA

Page 4: Palm Beach County Business Magazine (Fall 2014)

Building a diverse and inclusive organization is good for business,as well for society. That was the key message of several speakers at the

third annual Sports Diversity & Inclusion Symposium held October

21-22 at PGA National Resort in Palm Beach Gardens.

“The world of sports has made tremendous strides in the areas of

diversity and inclusion over the years, but we all understand that more

needs to be done,” said Peter P. Bevacqua CEO, The PGA of America.

“We must be drivers for change, not just in sports, but society as well.

Many people turn to sports as inspiration for acceptance and it is,

therefore, essential that diversity and inclusion are part of our core.”

Participants at the symposium included representatives of Major

League Baseball, Major League Soccer, NASCAR, the National

Basketball Association, National Collegiate Athletic Association,

National Football League, National Hockey League and United States

Olympic Committee.

“We envision a day when every

sport welcomes and celebrates people

from all races, ethnicities, countries,

religions, cultures, sexual orientations,

and abilities, and that open

participation by every single one is a

given,” said Bevacqua.

Panelists at a session on “Best

Practices in Diversity and Inclusion”

has some suggestions that could be

applied to any organization:

� “You need to build a business case for these programs and look at

the return on your investment,” said consultant Tom Cordova,

president and chief creative officer, Cordova Marketing Group.

“That means doing your research first.”

� “Develop new pipelines of talent through community involve-

ment and community partnerships,” said Emily Ingram, vice

president, human resources, Golf Channel. “You have to be pa-

tient, though.”

� “Be authentic and be unapologetic,” said Hilary Shaev, vice pres-

ident, marketing, NBA/WNBA.

� “Build a strong mentoring program,” said William Rolack, sen-

ior director of workforce Strategy, Diversity and Strategic Al-

liances, Major League Baseball.

Summing up the views of participants, Dawn Harris, director of

multicultural development, NASCAR, said, “We are all on a journey

we still have much to learn.”

Photos C

ourtesy of The PG

A of A

merica

Pete Bevacqua

From left, William Rolack, Tom Cordova, Emily Ingram, and Hilary Shaev.

Embracing Diversityin Sports Organizations

4 PBCB

Sports are an importantdriver in the county’seconomy. Last year, morethan 122 sporting eventssupported $260 million invisitor spending and180,000 hotel roomnights, said Kayla French,director of marketing &business development,Palm Beach CountySports Commission.

Page 5: Palm Beach County Business Magazine (Fall 2014)

5PBCB

Pat Geraghty is excited by the opportunities createdby national healthcare reform. “We are reinventing

healthcare in our country, and the change that is in

front of us will dwarf what has already happened,”

said Geraghty, who is CEO of Florida Blue, at the

BDB’s “CEO Spotlight” luncheon on August 21 at the

Kravis Center.

Noting that second enrollment period for

insurance coverage under the Affordable Care Act

(ACA) will begin November 15, Geraghty said it is the

private sector that will be driving change in this sector.

“We are open to innovation and working with the

government to get things done, without being over-

regulated.”

Geraghty, who is a member of the Florida

Council of 100 and other statewide organizations, said

healthcare is rapidly moving away from the traditional

fee-for-service model, where the payment was based

on the number of services a patient received. “We

need a system built around value that rewards

providers for quality outcomes and efficient delivery

of care,” he said. “Incentives need to be based on

keeping people well in the first place, and then being

paid appropriately for delivering the right services in

the right setting.”

That might mean keeping a primary care clinic

open in the evening so ill patients wouldn’t need to go

to a hospital emergency room. Or it might be

delivering telehealth services to patients at home, and

monitoring their conditions remotely.

As Geraghty said, the system should be built

around the consumer, rather than being based on

sickness.

“Healthcare providers also need to talk to

people more often about advance directives and end

of life care,” he said. “Today, a family member

doesn’t know the wishes of the patient and says do

everything you can to keep them alive. However the

quality of life should be a consideration as well as

the quality of care.”

Geraghty noted that Florida Blue has changed

dramatically in recent years to remain a leader in the

healthcare sector. A new subsidiary, GuideWell,

now oversees GuideWell Health, which owns

multispecialty physician practices and an emergency

care facility, and GuideWell Connect, which operates

a growing chain of retail centers across the state,

including a facility in Boynton Beach.

“People ask us why do we want to build new

stores?” Geraghty said. “It’s because we offer a

complex and very personal product. People want to

connect with us face-to-face, ask questions or seek

help in resolving a claim. Our members can also sit

down with a nurse to create a personalized fitness

assessment or provide flue shots. In fact, we are no

longer just an insurer. We are a health solutions

company.”

PrivateSectorDrivingHealthcareReform, Says Florida Blue CEO

Pat Geraghty, CEO of Florida Blue

Page 6: Palm Beach County Business Magazine (Fall 2014)

6 PBCB

Glades SeesReinvestment,

Job Gains Through CountyBusiness Assistance Programs

A key focus of the County’s economic development efforts is PalmBeach County’s “other coast,” the Glades Region. More than $8.4

million has been invested in commercial expansions in the Glades

through the County’s business assistance programs. These investments

have leveraged total project costs in excess of $18 million, and will

result in 275 new full time jobs.

Working in concert with the Lake Okeechobee Regional Economic

Alliance (LORE), the Board of County Commissioners carved out

areas on Bacom Point Road and Main Street in Pahokee, and along

Avenue A in Belle Glade as designated revitalization corridors, for a

dedicated portion of the Section 108 Loan Pool to encourage business

development in these economically distressed communities. The 108

program has been further leveraged by loan programs through the

Department of Energy and the Department of Agriculture, making it

possible for small businesses to accomplish their expansion goals and

become a partner in the redevelopment of the Glades cities. The

financing has helped companies with property acquisition,

construction, machinery and equipment, and working capital costs.

The most recent Glades projects underway include:

� Renovation of the Belle Glade Old City Hall into a mixed-use

development under construction by BI Development, LLC. This

$2.5 Million project is transforming the long-abandoned

structure, preserving its historical features, placing it back into

productive use and enhancing the Avenue A streetscape.

� EHR Tech LLC – this renovated office on Bacom Point Road in

Pahokee houses the headquarters for a medical records software

company that will install and operate integrated medical record

keeping systems required by all physicians pursuant to a federal

mandate.

Additional projects are in the pipeline with the potential to invest

more than $12 Million in capital costs and create another 200 jobs.

Businesses are realizing the advantages to locating in the Glades,

including the proximity to U.S. Route 27, the availability of vacant

land, eligibility for Enterprise Zone tax credits or refunds, and access

to capital.

However, in order to sustain continued economic development,

infrastructure improvements are needed to serve the commercial

corridors and also enhance the quality of life for Glades residents. That

is at the crux of the County’s most recent planning effort in the western

community – the development of the Glades Region Master Plan.

Infrastructure needs affecting drinking water, wastewater systems,

roads, storm water drainage, and public transit in relation to

employment centers have been analyzed, and priority

recommendations for improvements are being formulated to create a

comprehensive document that will serve as a guide in requesting

implementation dollars from funding agencies.

Among the recent visible improvements in the Glades has been

the demolition of abandoned and unsafe structures and removal of

asbestos. The County’s Glades Demolition Program in cooperation

with the Glades city building departments and law enforcement has

invested nearly $1.2 Million to demolish 56 buildings that have become

eyesores and havens for criminal activity. This is an important step

toward creating a better community and an environment that is

conducive to economic development. And the work continues.

By Sherry Howard, Deputy DirectorPalm Beach County Department of Economic Sustainability

Page 7: Palm Beach County Business Magazine (Fall 2014)

With the retention of Office Depot’s corporate headquarters, a majorPratt & Whitney expansion, and the arrival of nationally known

healthcare and financial service companies, Palm Beach County had a

stellar year in terms of economic expansions and relocations.

Kelly Smallridge, president and CEO, Business Development

Board of Palm Beach County, delivered that upbeat message to

attendees at the BDB’s annual “Economic Development Update” on

September 18. “Our county’s unemployment rate continues to fall,

and our average wages are the highest in Florida,” she said.

A total of 3,820 jobs were created or retained during the BDB’s

2013-14 fiscal year ending September 30, according to Smallridge.

That’s a substantial increase from the 2,500 jobs in the prior fiscal year.

During the fiscal year, the BDB facilitated a

total of 9 relocations and 11 retention/

expansion projects that involve a direct

investment of more than $55 million and

include the occupation of 367,457 square feet in

additional real estate.

“Best of all, we have great momentum going

forward,” she said. In fact, another new

expansion project – 100 new jobs being created

by Medytox – was announced a week after the

meeting.

Smallridge cited three “game changer”

projects for the past year:

� Office Depot’s decision to remain in Boca

Raton following its merger with Illinois-

based Office Max.

� Cancer Treatment Centers of America relocating to the county

bringing 225 new jobs.

� Pratt & Whitney’s expansion into a new 100,000-square-foot

facility built by Hedrick Brothers, a longtime BDB member.

“Five years ago, we had only a few corporate headquarters in the

pipeline,” Smallridge said. ‘Today, companies of all sizes and industries

are strongly considering Palm Beach County for their corporate and

regional headquarters.”

At the annual meeting, Smallridge thanked outgoing BDB Chairman

Frank Compiani for his leadership and emphasized the importance of

support from the public sector, including the State of Florida, Enterprise

Florida, Palm Beach County and the county’s municipalities.

Looking ahead, Smallridge said the BDB will continue to market

Palm Beach County in the most effective and efficient possible manner.

She cited the BDB’s success in bringing together educational

institutions from throughout the county on a website (PBCedu.org)

as a “one-stop” informational resource for businesses considering

relocating here.

“We have great schools, but we were not effective in showcasing

and branding what they have to offer,” she said. “Now, prospective CEOs

can get a look at the schools, colleges and universities near their site,

and learn about our programs like Bright Futures and the Florida

prepaid college plan.”

Smallridge cited the success of another BDB

program, the “behind the gates” initiative, which

is designed to reach out to CEOs with second

homes in Palm Beach County and discuss the

advantages or bringing their companies here.

A third BDB program focuses on economic

development of the county’s Glades region. “We

brought in national site selection consultants in

manufacturing and distribution, and showcased

our industrial sites,” she said. “We also partner

with Lake Okeechobee Regional Economic

Alliance (LORE) on projects to reduce the high

unemployment rate in the region.”

Summing up Palm Beach County’s many

business advantages, Smallridge said, “We have low taxes and a high

quality of life. Our workforce training and education programs are first

rate. We also enjoy the benefits of city, county and state governments

that recognize the importance of economic development, helping us to

provide a seamless approach. We are bullish on Palm Beach County

and thank you for your support.”

7PBCB

for New Job Creation and Retention

AStellar

Year

Frank Compiani, 2013-2014 BDB Chairman

Page 8: Palm Beach County Business Magazine (Fall 2014)

8 PBCB

Corporate Relocation Projects

Corporate Expansion and Retention Projects

-

Corporate Successes for the 2013-2014 Fiscal Year:

Palm Beach County’sEconomic Development Resource

Page 9: Palm Beach County Business Magazine (Fall 2014)

9PBCB

Driven by ResultsBDB by the Numbers

Page 10: Palm Beach County Business Magazine (Fall 2014)

10 PBCB

Lynn University opened a new International Business Center in August on its Boca Raton campus.The three-story facility includes the following features:

� 34,000 square feet of flexible spaces and common work areas to foster impromptu collaboration.

� 11 classrooms, 12 collaborative rooms, 2 conference rooms, 1 entrepreneur center, 22 staff and faculty

work spaces, 2 recycling stations, a computer lab space for outside organizations (for-profit and not-for-

profit) to come into the college for selected, short-term projects.

� Technology systems that enhance the educational environment.

� A flexible design to allow for efficient and effective styles of teaching and learning from focused study

to group study as well as traditional classroom learning to promote the values of entrepreneurship of

global business.

� A design that is targeting the Leadership in Energy and Environmental Design (LEED) Platinum

certification—the highest level of certification awarded by the United States Green Building Council

(USGBC).

� A design that takes advantage of natural sunlight as a lighting source, decreasing the need for artificial

lighting and will include rainwater harvesting to reduce the use of ground water.

Lynn University OpensInternational Business Center

A dynamic partnership between Lynn University and the Business Development Board of Palm BeachCounty brings students and businesses together for research projects.

The university’s undergraduate and MBA students gain hands-on, real world experience, while Palm

Beach County businesses have additional resources for growth-enhancing projects.

Currently, the BDB is working with an MBA marketing class on “Millennials,” a marketing plan to

attract the Millennial generation to Palm Beach County.

BDB Partners withLynn University

EDUC

ATIO

N

Page 11: Palm Beach County Business Magazine (Fall 2014)

11PBCB

Ten district schools earned Newsweek’sBest High Schools In America 2013.

Suncoast High School, Boca Raton HighSchool and Alexander W. DreyfoosSchool of the Arts ranked in the Top 100nationwide on a list released by TheWashington Post showing the mostchallenging high schools in the nationin 2014.

More than 92 percent of district highschool graduates pursue college or otherpost-secondary education. EducationWeek recognized the district as havingthe eighth-highest graduation rate in the nation.

In 2013, 11,500 graduates were awarded$110 million in scholarships.

Palm Beach County School District is thefifth largest school district in Florida and11th largest in the continental U.S. It isthe top-performing Urban SchoolDistrict in Florida.

The school district is comprised of 106elementary schools, 34 middle schools,23 high schools and 13 other kinds ofschools.

The district has 252 award-winningChoice Programs and Career Academies.

Palm Beach County has more than12,000 students enrolled in charterschools. It is among the nation’s 10districts that experienced the fastestgrowing charter school population.

Boca Raton Elementary School is theoldest school in the Palm Beach CountySchool system still in existence.

The Palm Beach County School Districtis the largest employer in Palm BeachCounty with approximately 22,000employees and 37,000 volunteers.

The average teacher salary is $51,228.

In the district, 146 languages are spokenfrom 191 different countries andterritories of birth.

SOURCES: Palm Beach County School District,Floridacharterschools.org, pbcedu.org, pbcgov.com

12 Facts AboutPalm Beach County

School District

A new education and training program in Belle Glade is helping residents of Palm BeachCounty’s western communities find jobs in the construction industry. More than 20

students completed the pre-apprenticeship program – a partnership of Palm Beach

County Public Schools, CareerSource Palm Beach County and Florida Training Services

held at West Technical Education Center – in June, and every one of them obtained

jobs in the area.

“CareerSource Palm Beach County wants to do all it can to help Glades residents

get the career training they need for the jobs available right now in their local

communities,” said Steve Craig, president and CEO of CareerSource Palm Beach

County. “That’s why we are very pleased to partner in this initiative that helped more

than 20 people gain the skills needed for immediate employment and to connect

employers with well-trained employees who are ready-to-work.,”

Jeff McGinley, president, Florida Training Services, Inc. administers the eight-

month pre-apprenticeship program, with classes held in the evenings. “We provide

education to people who have little or no experience in construction and help them

develop the skills and knowledge they need to enter the trades,” he said. “That includes

basic tool handling and safety practices.”

The curriculum covers carpentry, plumbing, electrical, HVAC (heating, ventilation

and air conditioning), and graduates receive a certificate of completion from the Florida

Department of Education, according to McGinley. They also receive safety training

based on the Occupational Safety and Health Administration (OSHA) standards and

instruction in cardiopulmonary resuscitation (CPR).

“We enjoy working with the Glades area students ,” McGinley said. “We want to

continue to help them find jobs in today’s stronger construction economy.”

Glades TrainingProgramHelps Residents GainConstruction Jobs

12

3

45

6

78

9

10

1112

Page 12: Palm Beach County Business Magazine (Fall 2014)

12 PBCB

Palm Beach County and Israel share strong clusters in life sciences,healthcare and aerospace/aviation, making them natural partners for

trade and investment. To take just one example, Israeli distributors

imported $2 billion in medical and

pharmaceutical products in 2013.

On September 4, representatives of

Enterprise Florida discussed those “Trade

and Investment Opportunities in Israel” at a

special Business Development Board session.

“Our job is to help you export more

products and services,” said John Deip,

regional manager, Enterprise Florida. “We

can help with free export assistance,

trade mission, and grants for qualified

Florida companies.”

Last year, Enterprise Florida established

an office in Tel Aviv to help foster those

connections through networking events,

trade shows and other promotional

opportunities, said Fred Glickman, vice

president, international operations. “There

are many Israel start-up and technologies

companies that want to penetrate the

Florida market,” he said. “We also assist many small to mid-size

Florida companies seeking an export niche in Israel or other markets

in the region.”

Nurit Gazit, director, and Elysa Rapoport,

business manager of Enterprise Florida‘s Israel

Office, said Palm Beach County’s world-class

research institutions and life science

infrastructure were of particular interest to

Israeli companies. “We also want to support

the two-way flow of R&D investment,” added

Rapoport. “That will help Florida build a

culture of entrepreneurship and innovation.”

Gazit noted that Israel has one of the

most stable economies in the world with

more companies traded on the NASDAQ

than any other foreign country except China.

“Israel also has the highest concentration of

startups in the world,” she added. “When

Israeli companies come to the U.S., they

usually bring in one or two people and hire

more locally as they grow. We think there are

excellent opportunities for Palm Beach

County companies.”

From left, John Deip, regional manager, Enterprise Florida; Elizabeth Arevalo, Business Development Board; Nurit Gazit and Elysa Rapoport,Enterprise Florida’s Israel Office; and Fred Glickman, vice president, international operations, Enterprise Florida.

Offers Trade and Investment Opportunities Israel

Key Tradeand Investment

SECTORS� Life sciences

� Healthcare

� Information technology

� Aviation/aerospace

� Renewable energy

� Security and defense

� Telecommunications

Page 13: Palm Beach County Business Magazine (Fall 2014)

13PBCB

When Palm Beach County companies think of exporting their productsand services, Africa is usually not high on the list of target markets. But

there are rapidly emerging trade opportunities in fields as diverse as

electronics, healthcare and construction-related products and services.

Already more than 400 U.S. companies have established operations

in South Africa, which provides a readily accessible

platform for trade and investment, according to

Enterprise Florida representatives at an August 19 event

sponsored by the Business Development Board.

“If you have a product or professional service, there

is probably a need for it in Africa,” said Brian Salter,

Director for Enterprise Florida, International Trade-

Africa. “Our team is cultivating the partnerships that

can help your business to grow.”

From a continental perspective, there are 54

countries in the African Union, which has a population

of 1.3 billion and the largest-growing middle class in the

world. There are also a number of regional trade pacts,

creating opportunities for Florida companies to roll out

long-term export programs.

The food-processing sector is one example. “Right

now, Ghana is a major producer of tomatoes, but they

are shipped to Europe for processing,” Salter said.

Solar energy and healthcare are two other growing

sectors throughout Africa.

Salter noted that passage of the African Growth and

Opportunity Act (AGOA) in 2000 opened the door for

African products to come into the U.S. duty free. “We

have not seen a lot of imports under that program, and

now we are focusing on helping our Florida companies with exports,”

he said. “Our number one market is South Africa, and we want to help

businesses put deals together.”

Abigail Ellary, director at Enterprise Florida’s office in Durban,

added, ‘We are your boots on the ground - not just for South Africa, but

for Africa as a whole.”

Neville Matjie, trade and investment director for the South African

province of KwaZulu -Natal, noted that medical equipment, heavy

equipment and infrastructure are three areas where Florida companies

can be competitive in the South African market. “Many South African

companies are interested in building partnerships with Florida

businesses,” he said, noting that a strategic infrastructure program is a

high priority with the regional government.

Salter added that Kenya also is also investing in a major

infrastructure program to help modernize the country and create local

jobs. “If you partner with a homegrown company that can get a project

contract, you can increase your exports sales and profitability.”

Africa

South Africa’sTop Export

Opportunities

� Aviation � Automotive parts and line technology � Agricultural equipment and processing

machinery � Business processing outsourcing and

electro technical � Clean Technologies � Chemicals and plastics fabrication � Construction equipment � Consumer/household/sporting goods

� Engineering and consultancy servicesin construction, waste management,industrial and processing equipmentmachinery

� Medical equipment� Mining equipment � Power generation and supply � Renewable energy � Transport infrastructure

A Growing Market Opportunity

From left, Brian Salter, Abigail Ellary, Thembelihle Ndlovu and Neville Matjie

Page 14: Palm Beach County Business Magazine (Fall 2014)

14 PBCB

Forbes magazine has named West Palm Beach as the top city in Florida

for business and careers. From a national perspective, West Palm Beach was

ranked No. 54. The top three cities were Raleigh, N.C., Des Moines, Iowa,

and Provo, Utah.

West Palm Beach also made the Forbes lists for one of the best places

for education (No. 55), job growth (No. 105) and the cost of doing business

(No. 142).

With support from Palm Beach County, Enterprise Florida and

local municipalities, the BDB recently facilitated these corporate

expansion and relocation projects:

DRB Capital, LLC’s expansion at its Palm Beach County

operations. DRB Capital provides liquidity solutions to individuals and

small/medium size businesses. DRB’s core businesses include

structured settlement and annuity monetization and litigation funding,

via its US Claims brand. DRB Capital leases 19,223 square feet located

at 1625 S. Congress Avenue in Delray Beach and will add 75 new

positions with an average annual salary of $70,629. DRB Capital had 76

employees at the time the application was submitted.

The Business Development Board assisted DRB Capital through the

incentive process with the State of Florida and City of Delray Beach. Glenn

E. Gromann, Esq. introduced DRB Capital to the BDB and coordinated

the incentives applications for the company through the BDB.

DRB Capital received a Qualified Target Industry Tax Refund of

$450,000 with $360,000 from the State of Florida and $90,000 from the

City of Delray Beach.

Vicinitas Cancer Care, Cancer Treatment Centers of America®

Preferred Provider Alliance, offers patients hope in a setting close to

home by coordinating care within a partnership of physicians and

integrative medical professionals. Located in Boca Raton, the

company will occupy 45,000 square feet of office space and will have

200 full-time employees over the next five years. Vicinitas projects a

capital investment of approximately $4 million to renovate and equip

their space.

The BDB assisted Vicintas with site selection, incentive package

coordination, and workforce and training needs. The company received

a $360,000 training grant from the State of Florida, as well as Qualified

Target Industry Tax Refund (QTI) and Quick Action Closing Fund

incentives totaling $1.45 million with $1.1 million from the State of

Florida and a $350,000 contribution from the City of Boca Raton.

Forbes saysWest Palm Beach is #1

GrowFl has recognized four Palm Beach County companies as

winners of this year’s Florida Companies to WatchSM program: Akron

Biotech which provides raw materials and biotools to the stem cell

industry; Blinc International, a cosmetic company; MobileHelp, the

developer of a mobile personal emergency device; and Distinctive

Kitchen and Baths a manufacturer and distributer of kitchen and bath

products.

“The BDB is proud that four Palm Beach County companies have

been selected as winners of this year’s Florida Companies to Watch

program,” said Kelly Smallridge, BDB President and CEO. These

companies are part of Palm Beach County’s thriving entrepreneurial

ecosystem and they contribute significantly to the area’s job growth.”

The BDB is the recognized local partner for the GrowFL Economic

Gardening program. Florida Companies to Watch is an awards

program that celebrates privately held, second-stage companies

headquartered in the state. To be eligible, applicants must employ

between 6 and 99 full-time equivalent employees and have between

$750,000 and $50 million in annual revenue or working capital in place.

Awardees are selected for demonstrating the intent and capacity to

grow based on employee or sales growth, exceptional entrepreneurial

leadership, sustainable competitive advantage, outstanding corporate

culture, inspired community giving and other notable strengths.

GrowFL Recognizes Four Palm Beach CountyCompanies

&EventsNews

Relocations & Expansions

Rob

ert Stevens

Page 15: Palm Beach County Business Magazine (Fall 2014)

Be

e Mecome a

.mber

Aa siLContact

65g .orbdbn@oserdLan:onsrndeA

800.1538.1

Palm Beach State College breaksground for west central campusMore than 100 business leaders, community residents and elected officials joined with Palm Beach State College Nov. 7 to officially breakground for the College’s new campus in Loxahatchee Groves.

The 75-acre site is on Southern Boulevard west of B Road. Constructionwill begin soon on the first building of Phase I, and the campus is slatedto open in 2016.

Hoisting the shovels at the groundbreaking ceremony were, from left:

DIGGING INShreya Kuntawala, legislative assistant to State Sen. Joseph AbruzzoRachael Ondrus, executive director, Palm Beach County Legislative DelegationMark Pafford, state representative William Underwood, Loxahatchee Groves town manager Lori Berman, state representative Ryan Liang, Loxahatchee Groves councilmanNoel Guillama, PBSC Foundation board chairRon Jarriel, Loxahatchee Groves vice mayor and Dave Browning, Loxahatchee Groves mayorDr. Dennis P. Gallon, PBSC presidentCarolyn Williams, Charles Cross, Wendy Link, William Berger, PBSC trustees and Patricia Medina, student trustee

Kent Long, senior vice president, Balfour Beatty ConstructionJim Rockett, Loxahatchee Groves councilmanTodd Bonlarron, legislative affairs director, Palm Beach County Legislative DelegationMelissa McKinlay, newly elected Palm Beach County CommissionerKelly Smallridge, president and CEO, Business Development Board of Palm Beach County

Page 16: Palm Beach County Business Magazine (Fall 2014)

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Page 17: Palm Beach County Business Magazine (Fall 2014)

THE HCA PALM BEACH

HOSPITALS are proud to serve the people of Palm Beach County.

We are committed to staying at the forefront of medical excellence and quality patient care.

5301 S. Congress Ave., Atlantis, 33462

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Page 18: Palm Beach County Business Magazine (Fall 2014)

Comprehensive Addiction Treatment. Recovery for Life