Article By: Nicky Blackburn, Israel21c
Published: April 28, 2025
Israeli founded companies are helping to fuel Florida’s economic boom, creating more than 26,000 jobs according to a new study by the United States-Israel Business Alliance
Israeli-founded companies are having a substantial impact on Florida’s economy by generating $7.3 billion in earnings – a massive 46 percent of the gross state product – according to the findings of the Florida – Israel Economic Impact Report released by the United States – Israel Business Alliance in April.
The study, the first study of its kind for the state, is based on data from 2024, and identifies 429 Israeli-founded companies in Florida that directly employ 8,190 Floridians.
When factoring in the impact of businesses on the supply chain and household spending by employees, the total number of local jobs created by Israeli-founded companies in Florida triples to an estimated 26,510.
“There are several important factors that have contributed to Florida’s economic boom in recent years,” says Aaron Kaplowitz, President of the United States – Israel Business Alliance. “This study affirms that Israel is one of them.”
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