Public Research Delivers $970 Million Impact to Florida

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The Institute for Commercialization of  Public Research (the Florida Institute) announced today results of a new study conducted by The Washington Economics Group, Inc.® (WEG), a boutique economic consulting firm led by nationally recognized business economist Dr. J. Antonio (Tony) Villamil. The study measured economic impacts of the Institute between during FY 2016-17 to update prior years’ studies, and concluded that the organization’s impact throughout the state of Floridaincreased significantly as more companies continue to grow, create jobs, raise investment capital and bring innovative products to market.

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