The City of Boca Raton has a rich history of innovation. From being the original headquarters of IBM where the personal laptop was invented, to more recent successes like Modernizing Medicine and Shipmonk, to exciting new startups like Strax Intelligence, Honorlock and Guident, the City continues to accelerate growth through innovation to not only enhance the economy but transform our ecosystem.
As a city, we are now looking to build upon the strong foundation of our existing economic network. Under the Office of Economic Development, the Office of Innovation is leading the development and execution of a city-wide strategy that focuses on accelerating the Boca Raton start-up and technology ecosystem in three key focus areas (or pillars); Smart City, Health Tech and Fin Tech.
We are positioning ourselves to take a leadership role within South Florida as a true “hub” for developing high-potential, tech-focused startups through the creation of strategic programs and partnerships. We believe that by gathering the combined knowledge, network and relative resources of local government, academia, corporations and venture capital, this will yield higher and faster success rates for these innovative startups and create increased investment and other business opportunities for our current corporate and venture community partners.
Promote innovation, technology and entrepreneurship in Boca Raton. Champion the establishment of Boca Raton as a innovative technology and start-up ecosystem.
Incubators and Accelerators play a pivotal role in any technology ecosystem particularly during the early stage and scale-up phase.
Through these programs companies have access to vital resources, mentorship, working capital and business networking.
One of main areas of focus is increasing the number of incubators and accelerators in the City of Boca Raton. Our aim is to attract proven and well-funded private sector led programs to serve as ecosystem catalysts.
Growing and accelerating a technology ecosystem requires strategic partnerships and broad alignment across ecosystem stakeholders.
The Innovation Office is working with non-profit and private sectors partners to develop an ecosystem innovation hub to create a pipeline of early stage talent and unite ecosystem stakeholders.
Access to actionable analytics is key to steering our ecosystem in the right direction.
We are currently assessing ecosystem connection and insights tools to accelerate collaboration and better measure technology trends, investments and growth to guide our strategy and areas of focus.