FSDC Applauds State Support for Space Industry

space_florida_logoMay 9, 2014 (FSDC PR) — The Florida Space Development Council (FSDC) applauds the state legislature’s continued support for space industry development and diversification. During the recently concluded annual legislative session in Tallahassee elected officials approved $22.5 million for aerospace programs in 2015, with an additional $20 million available through the Florida Department of Transportation for space transportation infrastructure.
“Florida continues to invest more than any other state in creating a competitive environment for space business,” said FSDC Vice President Edward Ellegood. “Florida legislators deserve our thanks for keeping this industry among the state’s top economic development priorities. FSDC urges Governor Scott to follow through with approval of these investments within the 2015 budget.”
The $22.5 million includes $9.5 million for Space Florida operations and programs; $3 million for aerospace programs at Embry-Riddle Aeronautical University; $2.5 million for Space Florida financing of space industry projects; $2.5 million for Space Florida transition of the Shuttle Landing Facility; $2 million for Cecil Field spaceport infrastructure; $1.5 million for a Space Florida space tourism marketing program; $1 million for a Space Florida partnership with Israel; and $500,000 for Florida university research into space transportation, coordinated by the Florida Institute of Technology.
Also approved during the session were millions of dollars for economic development incentives like the state’s Quick Response Training (QRT) program. QRT provides workforce training funds for aerospace companies relocating or expanding in Florida. These legislative actions were tracked by FSDC during the session on this chart, which will be updated as Governor Scott either vetoes or signs them into law.