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Targeted Industries
Targeted Industries

Shaping the Community into A thriving hub

OEV’s Targeted Business Program offers incentives to businesses that are expanding or relocating to Tallahassee-Leon County. These four target industry sectors contribute to private sector job growth, wealth creation, and a diversification of the economy.

Chemists in pharmaceutical lab examining sample for medical experiment with technology for medicine industry.

Applied Sciences & Innovation

Our research ecosystem addresses critical societal challenges through the generation of knowledge, technological advancements, and evidence-based solutions.

Milling spindle attached with the robotics arm, finishing a cut of aluminum transmission parts by slid endmill tool.

Manufacturing & Transportation/ Logistics

Through the production of goods, efficient movement of products, and the integration of advanced technologies, this industry helps drive regional development and contributes to the overall prosperity of our community.

High tech server computers at work

Professional Services & Information Technology

Our information technology industry is a thriving and dynamic sector that leverages innovation, research, and collaboration to deliver a wide range of services & solutions.

people doing medical experiment in lab

Health Care

Tallahassee-Leon County is home to a diverse healthcare ecosystem, comprised of hospitals, medical centers, clinics, research institutions, and various healthcare providers.

Recent Stories
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MDSM Conference Returns to Tallahassee-Leon County, Catalyzing Innovation and Economic Growth
March 11, 2026

The Motor, Drive Systems & Magnetics (MDSM) Conference returned to Tallahassee-Leon County earlier this week. As the world’s premier technical conference and exhibition for motor design, drive systems, and magnetics, MDSM draws global leaders and innovators from sectors spanning automation, renewable energy, manufacturing, medical devices, and aerospace. This year’s conference welcomed nearly 230 participants and […]

Tallahassee-Leon County Economy Outpaces State and Nation in GDP Growth
February 20, 2026

Newly released data from the U.S. Bureau of Economic Analysis (BEA) shows that the Tallahassee-Leon County Metropolitan Statistical Area (MSA) recorded strong economic growth in 2024, outperforming both the State of Florida and the nation. According to the BEA, Real (inflation-adjusted) Gross Domestic Product (GDP) for the Tallahassee-Leon County MSA reached $21.3 billion in 2024, an […]