The Institute for Economic Competitiveness (IEC), located in the UCF College of Business Administration, has released a study that outlines Orange County's future as the nation's next cleantech hub.
The Institute for Economic Competitiveness (IEC), located in the UCF College of Business Administration, has released a study that outlines Orange County's future as the nation's next cleantech hub.

A new study released today outlines Orange County 麻豆精品 S檚 future as the nation 麻豆精品 S檚 next 麻豆精品 S渃leantech hub 麻豆精品 S with green jobs that will fuel the region 麻豆精品 S檚 economy.

The study, authored by the University of Central Florida 麻豆精品 S檚 Institute for Economic Competitiveness, calls for establishing green building codes and creating 麻豆精品 S淕reen Energy Challenge Grants 麻豆精品 S to encourage researchers to develop and commercialize new technologies.

It also calls for expanding public-private research partnerships with UCF, Orange County and local companies.  A new Cleantech Business Incubator at UCF, for example, would help start-up companies focusing on environmentally friendly and competitive businesses.

麻豆精品 S淲hen it comes to cleantech, I think we 麻豆精品 S檙e talking about the 麻豆精品 S榥ext big thing, 麻豆精品 S 麻豆精品 S Orange County Mayor Richard Crotty said. 麻豆精品 S淭his is about attracting the kind of companies to Orange County that will produce the goods and services to help the world go green.”

Clean technology — or 麻豆精品 S渃leantech 麻豆精品 S — means using innovative technology efficiently to drive business and provide solutions to global challenges while protecting the environment. Cleantech spans many industries from renewable energy and agriculture to recycling and transportation.

The study completes a year 麻豆精品 S檚 worth of brainstorming with environmentally conscious companies, researchers and county leaders. The meetings were part of Orange County 麻豆精品 S檚 Cleantech Symposium Series, spearheaded by Crotty and UCF 麻豆精品 S檚 Venture Lab.

麻豆精品 S淐leantech has gone from being an exotic concept 10 or 20 years ago to something that 麻豆精品 S檚 much more commercially and economically feasible, 麻豆精品 S said Sean Snaith, director of UCF 麻豆精品 S檚 Institute for Economic Competitiveness. 麻豆精品 S淚t 麻豆精品 S檚 going to involve government action as well as free markets, and that combination is what will drive cleantech forward in Orange County. 麻豆精品 S

Transforming Orlando into a cleantech hub akin to Seattle or San Diego will take the same kinds of partnerships that occurred in the creation of the 麻豆精品 S渕edical city, 麻豆精品 S Snaith said.

At the state level, the Metro Orlando cleantech study suggests requiring electric companies to supply a portion of power from renewable energy sources.

Another recommendation is the creation of a statewide clean energy public benefit fund. If Florida power companies added just 60 cents to their average customer’s monthly payment, the state could generate $114 million a year toward new energy-saving programs and incentives to help create and attract cleantech companies, according to the Florida Renewable Energy Association.

In addition to offering ideas from the county 麻豆精品 S檚 yearlong symposiums, the study also provides in-depth examples of other successful cleantech clusters around the country, such as San Diego, Boston and Austin, Texas.

Metro Orlando already has nearly 100 cleantech companies, several of which are some of the region 麻豆精品 S檚 largest public and private businesses, said John Lewis, Orange County economic development administrator.

麻豆精品 S淐leantech is the next wave of innovation and job creation in this country, and regions that take advantage of it are the ones that are going to be successful, 麻豆精品 S Lewis said. 麻豆精品 S淐leantech has the ability of creating jobs and new companies all over Orange County, not just in one area. 麻豆精品 S

He added, 麻豆精品 S淐leantech represents a good number of new start-up companies and emerging companies, but it 麻豆精品 S檚 also represented by two of our largest employers — Siemens and Mitsubishi Power Systems — which puts Metro Orlando in a unique position when it comes to cleantech. 麻豆精品 S

Orange County government commissioned Snaith 麻豆精品 S檚 office to research and write the study. The county selected UCF partly because of its strong role in promoting clean tech industries in the region. Examples include UCF 麻豆精品 S檚 Florida Solar Energy Center, Nanoscience Technology Center and Advanced Materials and Processing Center.

UCF 麻豆精品 S檚 Institute for Economic Competitiveness and Venture Lab were established as part of Orange County 麻豆精品 S檚 economic stimulus packages in 2002 and 2003.

To read the full study, visit .