News Release

Mayor Muoio Exploring Relationship with FAU to Help WPB Small Businesses

Mayor Muoio approaches FAU to see if school programs can assist city entrepreneurs and small business owners

 

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Mayor Muoio meeting with Florida Atlantic Research Park CEO Andrew Duffell (center) and a small business entrepreneur (left) currently located in the research park.

June 12, 2013

(West Palm Beach, FL) – West Palm Beach Mayor Jeri Muoio is looking outside the city limits for ideas that could help business owners inside the city.

On Tuesday Mayor Muoio spent several hours at Florida Atlantic University in Boca Raton gathering information on several of their business-related programs.  She is looking to see if the university would make a good partner in the City’s efforts to promote entrepreneurship and small business development. The City and FAU have been engaged in discussions, and are currently working together on other business-related efforts.

The effort is in preparation of the City’s participation in “Entrepreneur Week” in November, but it is also part of the Mayor’s ongoing efforts to explore new ideas for promoting and assisting local business owners.

“I am hoping the City can somehow take advantage of some of the great programs throughout our community and use that creativity to benefit entrepreneurs and small business owners across the City,” said West Palm Beach Mayor Jeri Muoio. “FAU is an incredible resource in our area, and the work they are doing represents some terrific out-of-the-box thinking.”

Mayor Muoio met with members of the FAU College of Business. Among the programs she was interested in learning about was the school’s Adams Center for Entrepreneurship, which works with students looking to launch innovative businesses.

She also visited the Research Park at Florida Atlantic University. The Research Park is home to 23 companies with 952 employees earning an average salary of $68,158. According to the university, the Research Park has an annual economic impact on South Florida of $274 million.

Mayor Muoio said she was extremely impressed with the Research Park’s Technology Business Incubator. It is currently hosting more than 30 start-up companies.

“We would love to be able to start a similar business incubator program in our city,” said West Palm Beach Mayor Jeri Muoio. “With such a proven successful model right in our backyard, there’s every reason to believe we can replicate it in downtown West Palm Beach. That would be the kind of city-university partnership that I am exploring.”

“The City of West Palm Beach and Florida Atlantic University share a focus on economic development and entrepreneurship initiatives,” said FAU Acting President Dennis Crudele. “We understand that the future of South Florida will be created by innovators who have the ability and the resources to take a good idea and build it into a successful company. We are here to do all we can to facilitate that process.”

In addition to Florida Atlantic University, Mayor Muoio is also reaching out to other universities and organizations throughout the region.

 
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