The Office of Economic Vitality is working diligently to enhance the community’s economic competitiveness by building upon existing assets, research opportunities, and forecasted growth in the magnetic technologies field, which is why we established the Magnetic Task Force in 2017. The task force was established to cultivate a magnetic technologies cluster around existing technology assets which includes establishing a plan for working with existing magnetic technologies partners, identifying gaps in cluster growth, and conducting business intelligence to identify potential customers for magnetic technologies that may benefit from a location close to the National High Magnetic Field Laboratory. The ultimate goal is to provide guidance and input on growing the cluster of research and businesses in the magnetic technologies industries as OEV continues to promote Tallahassee as the Magnetic Capital of the World.