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rship It will also focus on new business incubation, manufacturability enhancement programs, and coordinating business and economic development with the goal of generating unprecedented growth for partner company revenues and high tech job creation in Florida. Lofty goals? Yes. But just Google “the SEMATECH effect” to see what happened in Austin, Texas, where the cluster of semiconductor companies now exceeds 260. A study by AngelouEconomics credited more than 7,200 high-value, high tech jobs created directly by the development of Austin’s semiconductor industry over a 20-year period … not to mention nearly 20,000 jobs created in the Dallas MSA, nearly 200 miles away where the SEMATECH project inspired six new facilities, including a $3 billion Texas Instruments expansion. Add to those more than 18,000 either indirectly involved or induced by the growth of the cluster, the study said, for a whopping $25,754,901,431 economic impact. Disney’s “happiest place on earth” grew to become Central Florida’s largest employer – reportedly now providing jobs to 70,000. According to Metro Orlando Economic Development Commission President Rick Weddle, independent studies conducted by Arduin Associates projects that achieving development of a high tech cluster similar to what happened in Austin would result in nearly 20,000 jobs in just one decade. Considering that Walt Disney World grew to that size over five decades, one can only wonder just how big the impact of this project will be … both from its scientific and economic potential. florida.HIGH.TECH 2015 45