FloridaCommerce has released the employment data for the Orlando area for May 2024. The information is accessible at www.floridajobs.org/labor-market-information/labor-market-information-press-releases/monthly-press-releases. For further details on labor market and economic data, individuals can visit Florida Insight. The Department has also provided a video to help users understand the data available through Florida Insight.
FloridaCommerce has announced the activation of the Florida Small Business Emergency Bridge Loan Program, allocating $3 million for businesses affected by recent severe weather in South Florida. The program is designed to provide short-term, zero-interest loans to small businesses that have suffered economic injury or physical damage due to flooding.
Following the severe weather that impacted South Florida on June 11, 2024, Governor Ron DeSantis issued Executive Order (EO) 24-115 declaring a state of emergency in Broward, Collier, Lee, Miami-Dade, and Sarasota counties.
TALLAHASSEE, Fla - FloridaCommerce has expressed support for Governor Ron DeSantis' strategic investments aimed at fostering economic growth and development in the Fiscal Year 2024-25 Focus on Florida's Future Budget. Under Governor DeSantis' leadership, Florida has achieved significant milestones over the past five years, including being named the nation's top economy and ranking first in higher education, talent development, net in-migration, and entrepreneurship. The state now boasts the 14th largest global economy with more businesses formed since 2019 than any other state.
FloridaCommerce has announced the availability of more than $6.5 million for eligible organizations through the Non-Custodial Parent Employment Program (NCPEP). These funds aim to assist non-custodial parents in achieving higher levels of self-sufficiency through employment and training opportunities. Eligible organizations include governmental and quasi-governmental entities, nonprofit corporations, tribal governments, and Local Workforce Development Boards.
TALLAHASSEE, Fla. — Today, FloridaCommerce and the State Emergency Response Team (SERT) activated the Business Damage Assessment Survey in response to the flooding in South Florida. Survey responses will allow the state to expedite flooding recovery efforts by gathering data and assessing the needs of affected businesses in any county located south of I-4.
TAMPA, Fla.—Today, Governor Ron DeSantis signed the ‘Focus on Florida’s Future’ Budget for Fiscal Year 2024-2025. The budget totals $116.5 billion, reflecting a reduction in overall state spending compared to the previous fiscal year. This budget will also result in $17 billion remaining for budgetary reserves and includes significant investments across various sectors.
TALLAHASSEE, Fla. — Today, FloridaCommerce announced the opening of the application period for Loan Program Administrators to apply for the Black Business Loan Program (BBLP) for Fiscal Year 2024-2025. New and existing BBLP administrators may apply today through Wednesday, June 30, 2024. BBLP administrators provide alternative lending opportunities and technical assistance to black business enterprises that cannot obtain capital through conventional lending institutions but could otherwise compete successfully in the private sector.
TALLAHASSEE, Fla. — Today, Governor Ron DeSantis awarded $7.5 million to Lee County through the Job Growth Grant Fund (JGGF) to support the local shrimping industry, which was severely impacted by Hurricane Ian. The funds will be used to rebuild and enhance the shrimp fleet dockage facility at the publicly owned San Carlos Maritime Park.