The Office of Economic Development (OED) is the primary resource for citywide business information, recruitment, development and assistance in Delray Beach. Our mission is to drive and inspire the growth of a diverse, vibrant, entrepreneurial economy for all. We serve our local economy by offering discrete, professional, and timely services that promote business activity and enhance the quality of life within our city.
Choose Delray Beach
As South Florida’s emerging entrepreneurial economy, Delray Beach is a diverse, vibrant community who is attracting and growing businesses and companies of all sizes. More companies are choosing Delray Beach for their startup enterprises, regional offices and corporate headquarters, taking advantage of our rich culture of innovation and track record of success.
Creative businesses in the orange economy are flocking to Delray Beach, with a growing cluster of enterprises in the fine and performing arts, architecture, fashion, design, and film industries. The green economy is also growing, with a number of entrepreneurs around the country relocating their clean energy and sustainable technology sector businesses to Delray Beach.
With three international airports within an hour’s drive, two Interstate 95 highway exchanges, and nearby access to railways and ports, Delray Beach has resources in place to help our existing businesses expand into international trade markets and compete on a global scale.
Located in Palm Beach County in Southeastern Florida, Delray Beach also benefits from the overall benefits of the Florida economy.
Competitive Cost of Doing Business
Florida is a more affordable alternative to other high-tech locations. Talent, capital, and land are more affordable here than they are in California, New York and many other states. With many business-friendly tax exemptions and no personal income tax, dollars go further in Florida for both businesses and employees.
The state of Florida has been consistently recognized as one of the Top Five states for business, and as a leader in policies that promote small business and entrepreneurship. Statewide regulatory agencies, along with the City of Delray Beach, allow for expedited permit processing that facilitates quicker, more predictable and less costly approvals without reducing standards for the environment. Florida is also one of the few right-to-work states.
High Quality of Life
Delray Beach has a variety of residential living options suit the needs of your entire team, including private communities with golf courses, beach clubs and other amenities; downtown apartments and condominiums located within walking distance of the city’s main dining and entertainment district; and rental communities and single-family home neighborhoods that offer a broad range of sizes, price points, and other features to accommodate a vast array of needs.
Education - Talent Development
First-rate educational opportunities abound, with highly ranked public and private K-12 schools, a number of magnet programs and vocational academies, and more than a dozen colleges and universities in Palm Beach County. Atlantic Community High School is home to an award-winning robotics team that holds a world championship title, and nationally recognized construction and criminal justice academies. Delray Beach also carries the distinction of being the only city in Palm Beach County to offer International Baccalaureate programs at the elementary, middle and high school levels, and the only municipality in the county with a fulltime Education Coordinator dedicated to working with the county School Board, and overseeing the implementation of the City’s Community Solutions Action Plan.
The Palm Beach County School District has developed over 1,200 business partnerships with companies in engineering, biotech, construction, communication and other industries, resulting in more than $4 million in annual support to our schools. And with 93% of former Florida college students remaining in-state, Florida’s workforce is highly educated, resulting in more than $25 billion in additional annual state income, attributable to the accumulation of credits earned by former college students.