From 2020 to 2023, Florida emerged as a tech hub, attracting companies and workers alike. However, by late 2024, the trend reversed, leaving the state to experience a slowdown in tech growth. What caused this shift, and what can be done to reignite Florida’s tech industry?
Fla. News Network — Florida’s meteoric rise as a tech hub, a narrative fueled by a mass influx of remote workers during the pandemic, is facing a significant headwind. In the span of just a few years, Florida transformed from a retirement haven to a burgeoning tech hub, earning comparisons to California’s Silicon Valley. The state’s business-friendly environment, favorable tax climate, and relaxed regulatory landscape made it an attractive destination for tech companies and remote workers alike. However, as 2024 drew to a close, the tech industry’s enthusiasm for Florida began to wane.…