# Enterprise Florida

Enterprise Florida is an other based in Orlando, United States.

## Overview

- **Organization type:** other
- **Headquarters:** Orlando, United States
- **Region:** North America
- **Address:** Orlando, FL, United States
- **Founded:** 1996
- **Assets under management:** Undisclosed
- **Website:** enterpriseflorida.com
- **LinkedIn:** https://www.linkedin.com/company/enterprise-florida

## Regulatory record

- **Reports private funds:** No

## About

Enterprise Florida, Inc. is a public-private partnership between Florida's business and government leaders. It is the principal economic development organization for the state of Florida, funded by the State of Florida and private-sector businesses. Enterprise Florida works with a statewide network of economic development partners to expand and diversify the state's economy through job creation.

## Sectors

- Aerospace & Defense
- FinTech
- Digital Health
- Logistics & Distribution
- Advanced Manufacturing
- Life Sciences
- Energy Transition & Renewables

## People

- Laura DiBella — Secretary of Commerce & President & CEO

## Questions

### Who leads Enterprise Florida and sets its strategic direction?

Laura DiBella serves as the Secretary of Commerce and President & CEO, confirmed in October 2024. She reports to a Board of Directors largely appointed by Florida's governor, meaning strategic direction is heavily aligned with the current administration. DiBella succeeded J. Alex Kelly, who had served in an interim capacity.

### How does Enterprise Florida's incentive process actually work for a relocating company?

Enterprise Florida acts as the central case manager. A company considering expansion or relocation works through a project manager who navigates state-level programs like the Qualified Target Industry Tax Refund or the High Impact Performance Incentive. The agency then packages these with county and city-level abatements, presenting a unified proposal to the company.

### What is Enterprise Florida's relationship with the Governor's office?

The organization is a direct policy arm. Its Board is appointed by the Governor, Senate President, and House Speaker, and its CEO serves as a cabinet-level official. This means the agency's international trade missions and corporate recruitment targets often mirror the governor's explicit economic priorities, a dynamic that can cause funding volatility during political transitions.

### Does Enterprise Florida provide direct equity or debt financing to companies?

Generally, no. Enterprise Florida administers a State Small Business Credit Initiative (SSBCI) which funnels limited federal funds through partner lenders, but it is not a direct investor. Its core offering is performance-based tax incentives and infrastructure grants, not cash infusions from an investment fund.

### Which corporate relocations is Enterprise Florida most known for securing?

The agency played a central role in facilitating the relocation of financial firms like Bridgewater Associates and Citadel to South Florida, coordinating state-level tax incentives and workforce training funds. It is also credited with major aerospace expansions, including multiple Lockheed Martin and Northrop Grumman facility builds along the Space Coast.

### How is Enterprise Florida funded, and why has its budget been controversial?

Enterprise Florida receives funding through a combination of state budget allocations and private contributions from member companies. Its budget became a major political flashpoint in 2017, when the Florida House nearly eliminated it, arguing the incentive programs were corporate welfare. The agency survived but remains a perennial subject of budget scrutiny.

### Does Enterprise Florida have any international presence for companies looking to export?

Yes. It maintains a network of international trade offices in regions including Latin America, Europe, and Asia. Through this network, it offers Florida-based small and mid-sized companies export counseling, trade-show grants, and international matchmaking services, operating as the state's official export promotion arm.

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- [Hoak Capital Corp](https://altss.com/profile/hoak-capital-corp)
- [DBS Private Equity](https://altss.com/profile/dbs-private-equity)

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Last updated: 2026-06-03T20:00:00.000Z

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