Economic Development at Work:
Biopharmaceutical Leader Relocates Latin American Headquarters to Miami-Dade
50 High Wage Jobs in Target Industry
EMD Serono, the healthcare business of Merck KGaA Darmstadt, Germany, has relocated its Latin American headquarters from Sao Paulo to Miami. This move will add at least 50 new jobs, at an average annual salary of $200,000, and $1 million in new capital investment to the local economy within the next three years.
The above-average salaries, nearly four times the local average, are due to the highly skilled and specialized nature of researching and developing biopharmaceutical products. EMD Serono specializes in developing therapies with groundbreaking potential to mitigate illnesses including cancer and has a strong market position in neurology, endocrinology and reproductive health.
“Life Sciences is one of the seven target industries in the One Community One Goal strategic economic plan because it provides excellent high paying jobs and career path for our residents,” The Miami-Dade Beacon Council President & CEO Larry K. Williams said.”Miami-Dade’s entrepreneurial climate has nurtured the life science industry with companies like Beckman Coulter, BD Biosciences, and Noven Pharmaceuticals.”
The Miami-Dade Beacon Council assisted the company with key data on local educational assets, workforce, cost-of-living, wages and information about other major pharmaceutical companies with Latin American headquarters in Miami-Dade.
“When we were considering where to move our Latin American Headquarters, we were very impressed with the diversity, tax friendly atmosphere and the active life sciences community in Miami-Dade County,” said Fernando Nino Andrade, Director LatAm Controlling, EMD Serono. “This was a positive move for our company and it will allow us to operate in a new environment that has easy access to all markets in Latin America.”
“With the diversity of our area and local universities educating future resources in these fields, we are preparing for substantial growth in this sector,” Williams said.
Florida Memorial University Prepares Students for Tomorrow’s Careers
On August 4, Jaap Donath, Ph.D., Senior Vice President, Research & Strategic Planning for The Beacon Council, spoke to the academic leadership of the university located in the City of Miami Gardens about business growth opportunities in Miami-Dade County. The discussion focused on the target industries identified by the One Community One Goal strategic plan. The university is an active member of the Academic Leaders Council, which is made up of the presidents of the major universities and college and the superintendent of schools in Miami-Dade County.
Miami-Dade Public School System Launches 59 New Choice/Magnet Programs
Miami-Dade County Public Schools (M-DCPS) students and teachers will begin the 2016-2017 school year with a host of new, bold programs that build on the District’s goal of providing classroom innovation, academic rigor, and increased student access, as well as increased efficiencies in operations. Schools Superintendent Alberto M. Carvalho unveiled the District’s new programs during a recent School Board Committee meeting.
Fifty-nine new choice/magnet programs were created for 2016-2017, the most ever in one year. These new courses bring the total of choice programs to nearly 600. The new programs are in the areas of STEM (robotics, coding, biomedical), music, entertainment technology, business studies, visual and performing arts, Advanced Placement, legal studies, and sports medicine and management
On September 15th and 16th this year in the recently inaugurated EAST hotel in Miami, BNamericas.com will be hosting a Forum with a regional mission. The LATAM LEADERS FORUM: Building a New Road Map for Sustainable Growth will bring together the region’s most influential Business and Public Sector Leaders and Entrepreneurs to SPEAK, CONNECT AND THINK about how to generate sustainable growth for Latin America and the companies doing business in the region.
Downtown Miami Worker Survey
The Miami Downtown Development Authority (DDA) is interested in learning about what you like about Downtown Miami as a worker in the area, and what can be improved. The FIU Metropolitan Center, working on behalf of the Miami DDA, will collect and analyze the obtained information. This will assist the Miami DDA in fulfilling its mission to grow, strengthen, and promote the economic health and vitality of Downtown Miami. Responses are anonymous, and the survey will take about 15 minutes.
Cybersecurity Leadership & Strategy
Executive Certificate Program at FIU
In this 2-day advanced certificate program, participants will engage academics, industry leaders, and security professionals in assessing the most critical cyber threats facing the public and private sectors in the 21st century. Participants will learn best practices about organizational structures, processes, and legal considerations. Participants will also be exposed to strategies and the most effective approaches to implementing strategies in the workplace. Upon completion of the program, participants will earn an Executive Certificate in Cybersecurity Leadership and Strategy from Florida International University.
Beacon Council members will receive a 15 percent discount when registering with the following code FIUCYBER2016BEACONCOUNCIL.
Banking & Finance Award: Ocean Bank
Ocean Bank is a leading commercial real estate and construction lender in Miami-Dade County. With $3.3 billion in assets, it is Florida’s largest independently owned state chartered bank. Ocean Bank operates 21 offices, 17 in Miami-Dade, and four in Broward. The bank initially grew to prominence providing banking services to the Spanish-speaking community. It is well established as a prominent player in real estate and commercial lending. The company has recapitalized and has helped finance many local developments.
Award SponsorWe take
GIS Website Features Available Properties
The Beacon Council and Miami-Dade County websitewww.miamidadesites.com features available vacant industrial and commercial properties. It is based on user-defined criteria for Miami-Dade County utilizing geographically based demographic and business information.
It also enables commercial real estate brokers to register and highlight available parcels. Listings are provided at no cost and reach a targeted audience including Site Selectors/Consultants, Real Estate Developers, and businesses pursuing new opportunities in Miami-Dade County. Listings are featured regularly in this newsletter. Contact Stephannie Cetoute,
Manager, Research & Strategic Planning,
Featured listing of the week:
Federal Reserve Building
Did you know?
Miami Beach has a total of 6,649 businesses. In 2016, the leading industries were:
Retail, Real Estate and Rentals, Professional, Scientific, and Technical Services, Health Care and Social Services, and Accommodation and Food Services.
The Beacon Council in the News
Local high schoolers intern on campus for the summer
On the Move
The Idea Center Workshops & Events for Small Businesses
To see and participate in upcoming events for small businesses / entrepreneurs at the The Idea Center @ Miami Dade College
The 2016 BioFlorida Annual Conference
The 2016 BioFlorida Annual Conference is taking place in Jacksonville this year at the Hyatt Regency Riverfront. The two-day Conference & Expo attracts the largest and most prestigious life sciences community in the state, and it is at this conference that attendees will connect with more than 400 life science professionals from Florida and throughout the country.
When: Sunday through Tuesday, October 9-11th
Source: Old Beacon Site