Mili Peluso and Kelley Shanley | Source | Executive Director of Levan Center at Alan B. Levan | NSU Broward Center of I...

Miami has positioned itself as the new tech hub, and the hype focuses on big names, a business-friendly environment, and responsiveness to incoming tech companies. Interestingly, it has taken ownership for success stories not only in the city of Miami and Miami-Dade County, but for companies also located in the greater Fort Lauderdale and Palm Beach areas. The U.S. Office of Management and Budget (OMB) defines the metropolitan statistical area (MSA) for South Florida as Miami, Fort Lauderdale, and Palm Beach, and, ultimately, all three will come together as one entity — the South Florida Tech Hub.

South Florida may have ambitions of being the next center of high-tech innovation, writes Nova Southeastern University's chief innovation officer, but key pieces are missing from the formula that will drive the region to be the next Silicon Valley.

The Alan B. Levan NSU Broward Center of Innovation, an entrepreneurial hub that will be home to resources to start and scale companies, broke ground at Nova Southeastern University's Alvin Sherman Library in Davie. The 54,000-square-foot facility will occupy the entire top floor of the library and is slated to open July 2021.