Governor Ron DeSantis made several announcements in Jacksonville Monday regarding Florida's investment toward workforce development in finance technology.
DeSantis hopes a couple of new initiatives will help create jobs and lead to growth in workforce development in the River City and beyond.
"The number one thing people are looking for is workforce development," DeSantis said during a press conference. "Making sure that we have folks that are going to be able to in what's a really dynamic aspect of the economy."
DeSantis announced an initiative where there will be partnerships between state colleges and financial technology companies to provide workforce training "to help prepare our students for jobs in this growing industry," he said.
He also said they would review all job growth grant fund applicants who are seeking to provide workforce training relevant to the financial technology industry.
"That not only will be beneficial, it sends a signal to people who may want to invest in Florida, that we are taking the workforce very seriously," he said.
Additionally, DeSantis wants Florida legislation to try and create a "regulatory sandbox for Fin-Tech companies in Florida," to help promote innovation while assuring appropriate consumer protections are in place, he said.
"We think that's important, that these technologies be welcome and fostered rather than be suffocated," he said. "This will seek to ease any outdated regulatory burdens for innovators in the financial service technology sector in ways that are not contemplated in our current regulations and provide them with the ability to test their products' market viability without any extensive regulatory hurdles."
Watch the full press conference below: