Economic Development News

Florida High Tech Corridor Awarded for Excellence in Tech Based Economic Development

A Florida High Tech Corridor Council Matching Grants Research Program (MGRP) was honored Tuesday by the State Science and Technology Institute (SSTI) with a 2015 Excellence in Tech Based Economic Development award.
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State Science and Technology Institute Honors The Corridor with Tech-Based Economic Development Award

A Florida High Tech Corridor Council Matching Grants Research Program (MGRP) was honored Tuesday by the State Science and Technology Institute (SSTI) with a 2015 Excellence in Tech Based Economic Development award.

The award, recognizing strides in “Expanding Research Capacity,” was presented at SSTI’s 2015 conference in Oklahoma City.  SSTI is a national nonprofit organization dedicated to improving initiatives that support prosperity through science, technology, innovation and entrepreneurship.

MGRP combines academic and research capabilities of three leading universities – the University of Central Florida, the University of South Florida and the University of Florida – with the resources of companies in the 23-county region to advance commercially applicable technology.  Since inception of the program in 1996, The Corridor has partnered with more than 360 companies on more than 1,350 research projects engaging nearly 2,600 graduate students and 300 faculty members in research ranging from unmanned aircraft systems to marine biology.

“The 2015 SSTI Excellence in TBED award winners have cultivated economic prosperity in their region through impressive initiatives that support science, technology, innovation and entrepreneurship,” said Dan Berglund, SSTI president and CEO.  “This group, along with past winners, exhibits that sustained economic prosperity can be achieved through excellence in tech-based economic development.”

“We are honored to be recognized by SSTI as a region to be modeled after in an effort to grow high tech industry and innovation,” said Randy Berridge, The Corridor president.  “Our Matching Grants Research Program is a flagship program for The Corridor and has proven to be successful, leveraging more than $62 million in funds to create an impact of more than $1 billion and expanding the capability of our universities and private industries to complete research on projects headed to the marketplace.”