Enterprise Florida, Inc. (EFI), has met its established performance standards. However, its effect on overall job creation in Florida needs to be interpreted with caution. There is no strong, direct link between EFI's economic development activities and its contribution to the creation of and retention of jobs in Florida. Further, EFI does not have clearly defined criteria for determining when its involvement with a project justifies it counting the project's jobs in its performance data.
EFI is generally performing well in helping Florida businesses export their products and services. It has also implemented some strategies to assist economic development efforts in Florida's urban and rural distressed areas. However, many of the jobs EFI reports helping to create and retain in urban distressed areas may not result from its specific strategies and activities targeted to these areas. EFI is also not providing certain types of services needed by some rural economic development organizations.
The Legislature may want to consider several options regarding the future role of EFI: continuing it as presently designed, but improving its performance measures; creating a separate entity to coordinate and assist rural and urban distressed economic development organizations; and fully privatize state economic development activities presently performed by EFI.

Locals Find State Urban Revitalization Programs Useful; More Centralized Program Information Would Be Helpful
Report 05-32 May 2005
Progress Report: Enterprise Florida Addresses Recommendations
Report 04-31 May 2004
Review of the International Trade and Economic Development Board of Enterprise Florida, Inc.
Report 98-44 January 1999
Review of the Enterprise Florida, Inc. Capital Development Board's Cypress Equity Fund
Report 98-33 December 1998

Copies of this report in print or alternate accessible format may be obtained by email OPPAGA@oppaga.fl.gov, telephone (850) 488-0021, or mail 111 W. Madison St., Room 312 Tallahassee, FL 32399-1475.