The National Entrepreneur Center (NEC) released today the findings of its latest economic impact study, which indicated a return on investment (ROI) of $14.00 for every dollar invested in the NEC since 2003.聽 Austin-based Angelou Economics (AE) – an economic research and analysis firm which works with public and private sector clients both domestically and internationally – conducted the study to measure the economic impact of the NEC on the local and state economies.

麻豆精品 S淲e chose Angelou Economics because of their experience in the field, and their reputation for thoroughness, 麻豆精品 S said Jerry Ross, Executive Director of the NEC.聽 麻豆精品 S淲e can point to many success stories over our last 12 years, however, we needed help to statistically evaluate the overall economic impact to the Central Florida region and the State of Florida, 麻豆精品 S said Ross.

麻豆精品 S淲e have always known that the NEC does a great job, and now we have the statistics to prove it, 麻豆精品 S says Marianne Amato, Regions Bank Executive and NEC Board Chair.

According to the Angelou Economics Report, the NEC 麻豆精品 S檚 impact to Florida since 2003 incudes:

  • $187.6 million in total economic output
  • $58.4 million generated in labor income
  • 1,000 jobs created or sustained
  • $77.3 million in revenues for Florida retailers
  • $8.6 million in state and local tax revenues
  • 麻豆精品 S淪upporting entrepreneurs through innovative training and providing access to resources is vital, 麻豆精品 S said Orange County Mayor Teresa Jacobs. 麻豆精品 S淧articularly for a thriving region like Central Florida, where our economy has benefited by $14 for every single dollar invested in the NEC, the return on investment is clear. 麻豆精品 S

    The NEC operates as public/private partnership and is funded by local sponsors, which includes: Orange County Government, the City of Orlando, UCF, and Walt Disney World. 聽According to the report, 麻豆精品 Sthe NEC has proven to be a successful model, transcending beyond Orlando and even the state of Florida. This is made evident from the fact that the NEC has hosted visitors from throughout the U.S. that have taken an interest in duplicating the NEC 麻豆精品 S檚 model. 麻豆精品 S

    麻豆精品 S淭he National Entrepreneur Center has attracted national and international attention because it works! 麻豆精品 S explains Dr. Tom O 麻豆精品 S橬eal, NEC board member and Associate Vice President for UCF 麻豆精品 S檚 Office of Research and Commercialization, which acts as the fiscal agent for the NEC. 聽 麻豆精品 S淭his report just confirms that the National Entrepreneur Center is where business happens in Central Florida, 麻豆精品 S remarked Dr. O 麻豆精品 S橬eal.