Finally, we have to retain the talented technology employees our universities are producing and bring back the thousands of sophisticated workers that have left Miami for greater opportunities in other areas of the world. Miami is one of the best places in the world to live, play and work — let’s make a concerted effort to keep the talent we’re nurturing so they can serve as the fuel that takes our economy to new heights.
To make this a reality, I am putting my money where my mouth is. Along with many of Miami’s community and business leaders, we have created the Technology Foundation of the Americas — a non-profit organization whose mission is to serve as the catalyst for establishing Miami as the technology hub for the Americas. Our foundation’s primary focus today is in launching the preeminent technology conference focused on emerging technologies impacting the Latin American market. Starting in May of 2014 this annual conference, eMerge Americas, will attract thousands of technology leaders from across the Americas to Miami to hear about the latest trends driving areas like cloud computing, cybersecurity and mobile applications; to meet with their peers, customers and partners; and to enjoy all the fun and entertainment our community has to offer.
To validate the immense impact we believe this conference can have on our local economy, we have commissioned an economic impact study that took a conservative approach and predicts the event has the potential to help bring approximately 17,000 additional jobs in the high tech and related industries over the next 10 years; generate $1.6 billion in growth to Miami-Dade County’s GDP from the eMerge Americas conference and the economic development impact directly tied to the event; and bring $2.4 billion in additional local sales over the first 10 years the conference is held.
This is a herculean effort that will require the hard work and support of the public and private institutions that are at the core of our community. With the help of key leaders and organizations throughout South Florida, we can effect the change needed to make sure that in the near future we can all say with conviction “Miami has tech!”
Manuel D. Medina is the founding and managing partner of Medina Capital. For more information about the Technology Foundation of the Americas, please visit www.tfamericas.org.