Established from St. Pete’s Community & Economic Development Grow Smarter Strategy in 2016, the St. Petersburg Area Economic Development Corporation (EDC) promotes economic prosperity by marketing St. Pete as a world-class business and career location, generating and closing leads for new operations, and working with prospects and existing businesses to retain and create more high quality jobs.
Business Relocation Services
Existing Business Suppprt
Marketing & Promotion
Retention & Expansion
What can we do for you?
St. Pete’s pro-business environment, favorable tax climate, strategic location and supportive local government allow businesses to thrive and make a global impact. If that's not enough to draw you to the area, the sun shines on us an average 361 days of the year. The St. Petersburg EDC supports and assists businesses looking to move to the Sunshine City by facilitating partnerships and connections in the region and providing them with the information to ensure the selection of a quality site where they can reach their full potentional.
The St. Petersburg Area EDC is committed to supporting the local business community by providing them with the connections and resources that will help them grow.
St. Petersburg’s Grow Smarter Strategy identified five target industry sectors specifically primed for growth and success in the City.
Data Analytics is a quickly emerging sector of businesses using and manipulating “big data” to optimize business processes. The market is projected to increase 40% annually due to the widespread use of big data in many industries. Several prominent firms in St. Petersburg, such as Kobie Marketing, Catalina Marketing, Valpak, and HSN, position the city to capitalize on this growth by creating a hub for talent and employment in this sector.
Financial Services is the largest employment sector in St. Petersburg and is home to Raymond James, the largest financial service provider outside of Wall Street. The city has the most concentrated financial services sector in Florida and the region- double that of the average American community.
Specialized Manufacturing in St. Petersburg is rapidly growing, generating $843 million in annual exports and employing the second most manufacturing employees in Florida. Electronics manufacturing and medical devices manufacturing are specifically concentrated in the City. Jabil, electronics manufacturing firm and the largest company in Tampa-St.Pete serves its global clientele from the Sunshine City.
Marine and Life Sciences joins together the city’s top tier healthcare services with the largest marine and environmental sciences community in the Southeast. Major institutions in this sector include Johns Hopkins All Children's Hospital, Bayfront Health, and the University of South Florida St. Petersburg, as well as various federal and state agencies such as NOAA and USGS.
Creative Arts & Design is on fire in St. Petersburg and is an essential economic driver, playing a key role in the city’s tourism by placing it as the cultural capital of Florida. For tourists and locals alike, the city offers immense opportunities for enjoying the arts with dozens of top-ranked galleries, theatrical and music venues, world-famous museums, and performing arts companies. From the Dali Museum and Duncan McClellan to award-winning animation production companies like Echo-Bridge, St. Petersburg is an incubator of thriving creative businesses.