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FHTCC ANNUAL REPORT and faculty (279) who have conducted research on a jobs, contributed $314 million to Florida���s GDP and returned matching grants project since inception more than 16 years $34.3 million in state tax receipts. ago to 2,621. MGRP is shown to create one job in the Florida economy Above and beyond traditional annual audits, from time- Proportionately, the for every $16,189 invested by the state. to-time audits of the Matching Grants Research Program are conducted to ascertain whether investment and Workforce Development spending projections were attained and to assure accurate As you have read in this magazine, the Council focuses reporting of the downstream impact of the program. This efforts on workforce development that span the breadth year���s figures revealed lower overall FHTCC investment, of the talent pipeline, from techPATH���s focus on K-12 STEM and a corresponding decrease in project statistics such as education to other workforce programs that focus on post- company match and student and faculty research staffing. secondary education and beyond. techPATH continued A study is currently under way that updates data this year to bring educators and students into technology collected in 2010 on the downstream impact of the Florida industry environments giving students up-close and High Tech Corridor Council���s Matching Grants Research personal insights into the careers they might find across the Program. Released in August 2010, the original report found Corridor and providing teachers new ways to share exciting that research activity conducted through the program subjects that will lead their students down the right path. collectively generated a combined economic impact of One project that the Florida High Tech Corridor Council more than $1.3 billion. In addition, the research programs funded in partnership with other workforce and economic between university and corporate partners created 3,300 development organizations is a survey on the Tampa Bay Funded Research Projects by Sector Corridor Funds Invested Agritechnology Aviation & Aerospace Life Sciences & Medical Technologies Microelectronics & Nanotechnology Modeling, Simulation & Training Optics & Photonics Sustainable Energy Other AMPAC* Totals Cash Match $32,000 $448,359 $436,331 $576,264 $87,350 $286,068 $509,137 $41,666 $552,155 $2,969,330 In-Kind Match $32,000 $220,729 $504,474 $842,047 $172,714 $751,453 $1,566,377 $125,000 $1,715,024 $5,929,818 $32,000 $134,530 $1,630,712 $565,223 $347,620 $0 $70,400 $0 $0 $2,780,485 Total Allocated $96,000 $803,618 $2,571,517 $1,983,534 $607,684 $1,037,521 $2,145,914 $166,666 $2,267,179 $11,679,633 % of Total 1% 7% 22% 17% 5% 9% 18% 1% 19% 99.0% 7% 19% Agritechnology Aviation & Aerospace Life Sciences & Medical Technologies 22% Microelectronics & Nanotechnology 1% Modeling, Simulation & Training Optics & Photonics Other 18% 1% Sustainable Energy AMPAC 17% 9% 5% *AMPAC: Funded by an early FHTCC industry grant, the Advanced Materials Processing and Analysis Center at the University of Central Florida conducts research in a variety of sectors. 60 florida.HIGH.TECH 2013 fht_annualreport_2013.indd 60 2/11/13 2:24 PM