Entrepreneurship

The entrepreneurial class is an important component of the country’s economic growth. According to chron.com, “Small businesses contribute to local economies by bringing growth and innovation to the community in which the business is established. Small businesses also help stimulate economic growth by providing employment opportunities to people who may not be employable by larger corporations.  [They] tend to attract talent who invent new products or implement new solutions for existing ideas.” It is estimated that entrepreneurs account for 20% of total job creation and in 2020, startups in the U.S. created over 3 million new jobs.

The Jacksonville region provides a strong, supportive environment for entrepreneurs. As they execute their business vision and meet unmet market needs, they have a demand for talent that can grow and evolve as they do. Each of Earn Up’s target and support industries have an entrepreneurial ecosystem that complements the larger companies in Northeast Florida. The JAX Chamber’s Entrepreneurial Growth Division provides mentoring, entrepreneurial education, consulting and networking opportunities to advance the success of entrepreneurs at every stage of business development.

Entrepreneurs possess a variety of skills that allow them to be nimble. They adjust quickly to external circumstances and are masters of strategy, time management and consistency.  They are creative and on the cusp of trends that could affect the product or services they offer.  There is ample opportunity to start, run and grow a business in Northeast Florida.  An individual can choose to create an expansive presence in the market, such as Fanatics, or craft a small family business that becomes part of a generational legacy such as Congaree & Penn.