News

Why Southeast Volusia is Florida’s Hidden Gem for Business Growth

Why Southeast Volusia is Florida’s Hidden Gem for Business Growth

southeast volusia business growth

Southeast Volusia County is located along central Florida’s Atlantic coast and is ripe with economic potential. With its business-friendly tax climate, skilled workforce, robust infrastructure, and prime location, Southeast Volusia presents major opportunities for companies looking to expand or relocate. This region is poised to become a breakout hub for business growth and investment in the coming years.

Favorable Business Climate

Florida is well-known for having a pro-business tax structure and regulatory climate and Southeast Volusia takes these advantages to another level with business incentives from local and county governments. The region offers competitive tax rates along with state and local grants, tax refunds, and other programs to reduce operating costs for companies. Plus, zoning and permitting processes are streamlined to expedite new development.

Southeast Volusia also provides easy access to the broader central Florida business community. Major metro areas like Daytona Beach, Orlando, and Titusville are within close driving distance. The area’s transportation infrastructure including Interstates 95 and 4, airports, shipping ports, and railroad lines makes getting around efficient. Telecommunications and high-speed internet capabilities enable connectivity.

Key Industries Poised for Growth

Several industries have a strong presence in Southeast Volusia and demonstrate high-growth potential moving forward:

Aviation & Aerospace – With the Embry-Riddle Aeronautical University headquartered in Daytona Beach plus several aviation companies and suppliers in the area, Southeast Volusia is primed to attract more aerospace, aviation, and defense contractors. The favorable business climate and transportation infrastructure makes this sector a natural fit.

Logistics & Distribution – The region’s prime location along I-95 provides a strategic base to serve Florida’s thriving logistics and transportation industry. The area offers ample industrial-zoned land for warehousing, distribution centers, shipping companies, and similar operations at very competitive rates.

Tech & Innovation – Numerous innovation drivers are boosting Southeast Volusia’s emerging tech startup scene from Embry-Riddle’s research to the UCF Business Incubator in Daytona Beach. This sector will expand further as more tech talent and entrepreneurs are attracted to the region.

Healthcare – With its growing population base, Southeast Volusia is in need of expanded access to healthcare services and medical facilities. This presents opportunities for healthcare providers, biotech companies, medical device manufacturers, and related fields to enter the market.

Manufacturing – The manufacturing industry will continue expanding in Southeast Volusia given the affordable real estate, business incentives, and skilled workforce available. Manufacturing specialties like auto racing and aerospace components are especially well-suited for further growth here.

Access to Talent and Workforce Training

Southeast Volusia employers can tap into a large labor pool from nearby metro regions while also having strong local workforce development programs. The University of Central Florida, Stetson University, Bethune-Cookman University, and other colleges provide graduating talent each year.

The region also has extensive workforce training initiatives. Daytona State College, Embry-Riddle Aeronautical University, and Advanced Technology College offer career development courses in high-demand fields. Programs providing skills training, apprenticeships, and recruiting assistance are available through CareerSource Flagler Volusia along with other state and local agencies.

Business-Friendly Local Governments

Within Southeast Volusia, economic development groups provide focused support at the city and county levels:

  • The City of Edgewater works closely with companies interested in relocating or expanding within its industrial parks and commercial districts. Edgewater offers permitting assistance plus infrastructure upgrades to support new development.
  • Volusia County Economic Development regularly engages with site selection consultants and companies considering the county for relocation/expansion projects. Volusia EDC provides data, incentives information, and virtual/in-person tours to make the case for investing here.

These along with chambers of commerce and similar groups work diligently to attract new employers and encourage local business growth in Southeast Volusia.

With these compelling advantages, Southeast Volusia has all the makings of Florida’s next major hub for business investment and economic growth. The region strikes the ideal balance between a pro-business environment, infrastructure assets, talented workforce, supportive local governments, and key industry drivers. Companies searching for new geographic markets with expansion potential will find the perfect fit in Southeast Volusia County.

This overlooked region is truly a hidden gem ready to emerge as a prime destination for forward-thinking businesses. By getting in on the ground floor today, companies across sectors can capitalize on Southeast Volusia’s bright outlook in the years ahead. The time is now for businesses to take advantage of the growth opportunities taking shape in this promising region of central Florida!