Volusia County's economic landscape is set to benefit significantly from the ongoing growth of Embry-Riddle Aeronautical University, as highlighted during the recent Economic Development "Q" Breakfast held on May 16, 2025. The university's leadership emphasized the vital partnerships with local government and community stakeholders that have fueled its expansion and economic contributions.
Embry-Riddle's Daytona Beach campus currently serves 8,500 students, with a total campus population of around 10,000, including faculty and staff. This influx of individuals not only enriches the local culture but also stimulates the economy, as these residents contribute to housing, transportation, and local businesses. The university recently celebrated a graduation ceremony, with a remarkable job placement rate of 95%, underscoring its role in workforce development.
The economic impact of Embry-Riddle on the community is substantial, with reports indicating that the institution supports over 12,000 jobs and has generated approximately $1.7 billion in economic activity. Since 2017, the university has also established over 27 companies within its research park, creating more than 200 high-wage jobs, averaging around $74,000 annually.
In collaboration with the University of Florida and the University of Central Florida, Embry-Riddle has formed a research consortium with NASA, positioning itself at the forefront of aerospace research. This partnership aims to enhance the region's reputation as a hub for aviation and aerospace innovation.
Additionally, the university has streamlined its air traffic control program, allowing graduates to enter the workforce more quickly, thus addressing industry demands for skilled professionals. The Boeing Center at Embry-Riddle continues to thrive, further solidifying the university's commitment to advancing aviation education and research.
As Embry-Riddle continues to grow, its contributions to Volusia County's economy and workforce development are expected to expand, reinforcing the importance of collaborative efforts between educational institutions and the community. The future looks promising as these partnerships pave the way for continued economic vitality in the region.