04/15/2024 | Press release | Distributed by Public on 04/16/2024 06:33
TAMPA, FL (April 15, 2024) -- With Florida claiming its place as one of the world's largest economies, the Tampa Bay Region is emerging as an international center of business, trade and travel with the University of South Florida playing a key role in fueling a talent and innovation pipeline, say global business leaders who gathered for the first international business summit to be staged in the region.
In a daylong event on April 10, more than 200 people came together at the USF International Business Forum to take stock of the region's potential as a gateway to the global economy. Hosted by USF World, the Muma College of Business, and the new Office of University Community Partnerships, the inaugural forum put a spotlight on a globally-focused economic ecosystem that's on the rise.
"Florida is a magnet for business and top talent," USF President Rhea Law told the crowd gathered at the Marshall Student Center. "Last year we had an 86% net gain in business coming here … that's the largest in the country. We have something very special going on in our state, and in particular we have something very special going on in Tampa Bay. We have the environment, we have the ecosystem that will support these businesses, and we do that together because we link arms and make sure we take care of those businesses."
Conversations spanned such issues as immigration, the talent pipeline, the resources available to local companies looking to expand overseas and the role of consulars general - diplomats from Canada, Brazil, Japan, and Mexico led the conversation - in connecting their countries to Florida markets "We have a very diverse economic portfolio in our community," said Tampa Mayor Jane Castor. "When we look at the international stage, we want to look at how we can leverage our talent."
Entities such as Port Tampa Bay (Florida's largest port in both size and tonnage and a key transit center for imports and the cruise industry) and Tampa Bay International Airport (routinely ranked as one of the nation's best airports) were on hand to emphasize the transportation pillars of the region. Organizations such as the Florida Small Business Development Center at USF, World Trade Center Tampa Bay, and TECO were among the twenty-eight companies and organizations who joined a networking expo to showcase how they contribute to international business connectivity and success.
For management consulting entrepreneur Lauren Weiner, the co-founder and chief revenue officer of WWC Global, the Tampa Bay Region's unique business ecosystem became an important competitive advantage for the company, whose portfolio includes the U.S. Department of Defense, U.S. Department of State, U.S. Department of Energy, U.S. Agency for International Development, and U.S. Department of Homeland Security. She called the evolution of the region as a global business center "astounding."
"When I first said we were moving to Tampa Bay, people said: You moved where? Really?" Now they say: "Oh, that's a great place,'" Weiner said. "We can get talent in ways we couldn't very early on, we do source from USF routinely for all our needs. It is a phenomenal place to start and run a business. It is very easy to get anywhere outside of Florida or even the U.S.… We are in 17 time zones; we have been able to manage a global business in Tampa because of the ecosystem we have here."
For more information and a list of some of the resources for international business in the Tampa Region, clickhere.
For pictures of the event, click here.
Here are a few perspectives shared from the day: