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Economic Development

Situated at the cusp of the SeminoleWAY project (a high-tech corridor along SR 417 that will serve as an extension of the Orange County Innovation Way), while located just minutes from downtown Orlando, both Orlando and Orlando-Sanford International Airports, the University of Central Florida and its new “Medical City,” Seminole State College of Florida, Kennedy Space Center and pristine beaches, ports and world-renowned tourist destinations, the Oviedo-Winter Springs area is positioned for dynamic business growth and success.   

Our area further entices new development, growth and expansion through possessing a qualified and educated workforce, “A” rated schools, parks and recreation facilities that are second-to-none, incentives offered by our cities and county and, of course, lots of Florida “sunshine.”  

Retail, finance, real estate, insurance and all facets of the service industry thrive within our positive business climate.  Through projects such as “Medical City,” Innovation Way and SeminoleWAY and our wonderful higher education institutions, our area is beginning to experience economic diversification in the biotech and other high-tech industries. 

Further, Florida possesses an environment designed for growth and expansion by not having a personal income tax, thus allowing more entrepreneurs the ability to invest more into their business.  In fact, Florida ranks #5 nationally, which is #1 in the Southeast among states in a 2009 Tax Foundation study of business-friendly tax climates.    

Being centrally located has its advantages as well.  Situated within a 20 minute drive of two International Airports, convenient to I-4, and just minutes from SR 417, one finds easy access to anywhere in the state or world.  And, of course, the ever present “small town” atmosphere is what sets the Oviedo-Winter Springs area apart from other areas in Central Florida.  In fact, Oviedo-Winter Springs was recently recognized by the Orlando Sentinel as the "Best Place to Live in Central Florida."  Orlando Sentinel's "101 Best of Orlando 2008" (See image #9)

However, our “small towns” continue to evolve through the creation of new “Town Centers” in both Oviedo (Oviedo on the Park) and Winter Springs (Winter Springs Town Center). 

So, whether you are a Fortune 500 corporation or a “home-based” business, our area has much to offer all entrepreneurial and business-minded individuals. 
  

Resources:


Audio of February 2010 luncheon - "Innovation: The Future of Regional Economic Development"
Courtesy of CMF Media






Copyright © 2010 Oviedo - Winter Springs Regional Chamber of Commerce. All rights reserved.
Mailing Address: P.O. Box 621236, Oviedo, FL 32762
Corporate Office: 1511 E. S.R. 434, Winter Springs, FL 32708
Phone: 407-365-6500 Fax: 407-650-2712