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The Florida Legislature approved $22 million in the 2025-2026 state budget to support Florida Polytechnic University’s growth.

Transformative state investment ignites Florida Poly’s new era of growth

June 18, 2025

Florida Polytechnic University is set to accelerate its bold growth plans following the Florida Legislature’s approval of $22 million in the state’s 2025-2026 budget. The new funding significantly advances the University’s efforts to increase enrollment, expand in-demand academic programs and drive campus infrastructure growth.

The allocation will boost progress on the new Student Achievement Center (StAC), a state-of-the-art student support facility, and fuel the University’s strategic initiatives to grow both academically and in student population.

The legislative investment includes $12 million to begin construction of the StAC – an $85 million, 138,400-square-foot facility designed as a dynamic hub for student development. The StAC will provide a broad range of resources focused on student success, including academic support, career planning, professional development resources, and student engagement programs. The funds were allocated through a combination of the state’s Public Education Capital Outlay (PECO) trust fund and House Supplemental Funding.

“Florida Poly is transforming the landscape of higher education in our region, and with this new facility, students will gain access to the kinds of hands-on support and experiences that prepare them to step directly into Florida’s growing technology sector,” said State Rep. Josie Tomkow, who represents part of Polk County. “It’s an investment that pays off in talent, innovation, and long-term impact.”

In addition, Florida Poly secured $10 million in non-recurring funds to support the Rising to 3,000 initiative, a strategic effort to increase student enrollment to 3,000 by 2030. The funding will strengthen the University’s ability to attract highly talented students and further elevate the institution’s academic profile.

“This level of support sends a clear message: Florida Poly is essential to the state’s future,” said Dr. Devin Stephenson, president of Florida Poly. “We are deeply grateful to the Florida Legislature for investing in our momentum and helping us build the high-tech talent pipeline Florida’s economy depends on.”

The newly approved funding reflects a growing recognition of the University’s rising impact – not only as a driver of academic excellence but also as a catalyst for groundbreaking research and economic growth.

“Florida Poly is creating a new kind of opportunity for Florida students – one grounded in excellence, innovation, and real-world application,” said State Rep. Jennifer Canady, who represents part of Polk County. “This year’s investment supports its continued rise as a leader in STEM education and ensures students have the resources they need to thrive in high-tech fields that matter most to our state.”

As Florida’s only public university exclusively dedicated to STEM disciplines, Florida Poly is uniquely positioned to meet the demands of the state’s evolving economy through its focus on emerging technologies and industry collaboration. The new funding will bolster that mission by helping prepare the next generation of tech leaders.

“Florida Poly is not just educating students, it’s shaping the future of Florida’s economy,” said State Sen. Colleen Burton, who represents part of Polk County. “From its cutting-edge research to its outstanding graduates, the University continues to prove how powerful a focused, STEM-driven education can be for the state and beyond.”

The state budget, currently awaiting final approval and subject to line-item vetoes by Gov. Ron DeSantis, will take effect on July 1, with the start of the 2025-26 fiscal year.

 

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Lydia Guzmán
Director of Communications
863-874-8557

Session Details

This session will demonstrate that practical risk management is for everyone, regardless of a formal program. Attendees will learn actionable and simple strategies that are easy to implement, enabling them to start immediately by focusing on their top risks to build greater operational resilience and ensure the sustained success of their auxiliary enterprises.

Presenter Profile

Michelle Powell serves as the pioneering Risk Manager at Florida Polytechnic University, the state’s sole 100% STEM-dedicated institution. Having been with the university for nearly 11 years, Michelle transitioned from a leadership role in Admissions in October 2023 to establish and evolve the risk management function from the ground up. In this solo capacity, Michelle builds robust frameworks for our dynamic, young university, overseeing our insurance portfolio, consulting on third-party and event risks, and developing critical campus-wide training programs. Michelle has obtained the Committee of Sponsoring Organizations (COSO) Enterprise Risk Management certificate and the Associate in Risk Management (ARM) and Construction Risk and Insurance Specialist (CRIS) designations. Her distinct background in mathematics and engineering, combined with extensive higher education leadership, brings an analytical and strategic approach enhancing the institution’s resilience.