COVID-19 (coronavirus) Update. Stay informed with the latest information.

On the Economic Scene

alt text

Sign up to receive the Economic Scene weekly newsletter by email.

April 12, 2021

COVID-19 Business Resource Center: VolusiaBusinessResources.com

BUSINESS NEWS

EMBRY-RIDDLE AERONAUTICAL UNIVERSITY EXPANDS RESEARCH PARK

Embry-Riddle Aeronautical University (ERAU) has announced plans to add an additional 10,000 square feet of production space to its rapidly expanding research park. The new Advanced Technology and Manufacturing Center will compliment capabilities already established in the park, including the recently opened 16,000-square-foot wind tunnel complex and the 7,500-square-foot research hanger. ERAU opened its research park in 2017 and has since helped 22 companies raise $41.1 million in grants and investor funds. These same companies have in turn created 104 full-time jobs with an annual average salary of $67,000 and provided employment for 159 student interns. Read more about the expansion.

FOREIGN TRADE ZONE – OPERATE MORE EFFICIENTLY

Establishing operations within Foreign Trade Zone (FTZ) No. 198 grants your company a strategic advantage in its industry by providing access to domestic and foreign markets and lowering the landed cost of your merchandise. By utilizing an FTZ, you may operate more efficiently by saving money on import and export duties, processing fees and more. If you are interested in learning more, contact Business Specialist Katrina Friel with Volusia County Economic Development.

DAYTONA REGIONAL CHAMBER LAUNCHES PROGRAM TO ASSIST MINORITY-OWNED BUSINESSES

The Daytona Regional Chamber is launching the Daytona Business United (DBU) Program to lift up minority-owned businesses and provide them with mentorship, membership, education and a supportive network. While the program will require work and commitment to the process, applicants chosen will benefit through one-on-ones with their assigned mentor, meetings with other DBU members, strategic networking and business guidance from a Small Business Development Center consultant. Business owners interested in applying should review expectations prior to applying. In addition, an important component of the program includes involvement from successful business leaders and owners to become mentors in the chamber’s initiative. Those interested in becoming mentors should read the Mentor Guidelines. For more information, contact chamber President and CEO Nancy Keefer.

AIRCRAFT ACTIVITY INCREASES AT DAYTONA BEACH INTERNATIONAL AIRPORT

The pace of the airline industry recovery is accelerating. More than a million people have passed through TSA checkpoints each day during the past week. On Monday, March 22, TSA at Daytona Beach International Airport (DAB) screened 1,140 passengers – the busiest day in over a year! And, for the month of February, DAB ranked second in Florida, behind Miami, and No. 19 for the U.S. for total operations, which are takeoffs and landings. Much of this activity is due to the flight training by Embry-Riddle Aeronautical University and the other flight schools. Follow DAB on Facebook at @flydaytonafirst.

WEBINARS, WORKSHOPS & FORUMS

LEARN TO PREPARE PROPOSALS TO WORK WITH THE DEPARTMENT OF DEFENSE

In part three of a four-part training series on the federal Small Business Innovation and Small Business Technology grant programs, the University of Central Florida Innovation Districts will host a Zoom training session from 9 a.m. to 2:30 p.m. April 20 in a Department of Defense (DoD) focused workshop that will provide detailed instruction on preparing a proposal to meet the requirements of the DoD, including both technical and commercialization plans and navigating the submission process. Those interested should register here.

AWARD PROGRAMS

SUBMIT YOUR SMALL BUSINESS FOR THE U.S. CHAMBER DREAM BIG AWARDS

Each year, the U.S. Chamber of Commerce recognizes the very best in American small business for their achievements in eight areas, plus the Small Business of the Year with a grand prize of $25,000. Businesses must meet certain requirements to be eligible. The deadline for the Dream Big Awards is July 16, 2021. Submit your application here. Are you a trade group or local chamber? Submit a business referral here.

FACTS & FIGURES

LATEST DEMOGRAPHIC PROFILES NOW AVAILABLE ON FLORIDABUSINESS.ORG

What’s the average household income or education attainment of a community? What does the labor force picture look like? What’s the population where you live? Any of these answers can be found in the latest demographic profiles available for all 16 communities as well as Volusia County. Explore the data here.

NEWS ITEMS WANTED! Please send your business news items to Heather Edwards

2021

April 12, 2021
April 5, 2021
March 30, 2021
March 22, 2021
March 16, 2021
March 10, 2021
March 1, 2021

February 22, 2021
February 16, 2021
February 9, 2021
February 1, 2021
January 26, 2021
January 19, 2021
January 11, 2021
January 5, 2021

2020

December 29, 2020
December 16, 2020
December 9, 2020 
December 2, 2020
November 24, 2020
November 18, 2020
November 10, 2020
November 2, 2020
October 26, 2020
October 12, 2020

October 5, 2020
September 23, 2020
September 15, 2020
September 8, 2020
September 3, 2020
August 17, 2020
August 8, 2020
July 17, 2020
June 30, 2020
June 23, 2020
May 26, 2020
May 18, 2020
May 11, 2020
May 4, 2020
April 27, 2020
April 20, 2020
April 13, 2020
April 6, 2020
March 30, 2020
March 16, 2020

March 9, 2020
March 2, 2020
February 24, 2020
February 17, 2020
February 10, 2020
Febuary 3, 2020
January 27, 2020
January 20, 2020
January 13, 2020
January 6, 2020

2019

December 30, 2019
December 23, 2019
December 16, 2019
December 9, 2019
December 2, 2019
November 25, 2019
November 18, 2019
November 11, 2019
November 4, 2019
October 28, 2019
October 21, 2019
October 14, 2019
October 7, 2019

September 30, 2019
September 23, 2019
September 16, 2019
September 9, 2019
August 26, 2019
August 19, 2019
August 12, 2019
August 5, 2019
July 29, 2019
July 22, 2019
July 15, 2019
July 8, 2019
July 1, 2019

June 24, 2019
June 17, 2019
June 10, 2019
June 3, 2019
May 27, 2019
May 20, 2019
May 13, 2019
May 6, 2019
April 29, 2019
April 22, 2019
April 15, 2019
April 8, 2019
April 1, 2019


March 25, 2019
March 18, 2019
March 11, 2019
March 4, 2019
February 25, 2019
February 18, 2019
February 11, 2019
February 4, 2019
January 28, 2019
January 21, 2019
January 14, 2019
January 7, 2019