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Discussion Agenda Item III.A.1 Approval to process payments budgeted in FY 2010 for Orange County/UCF economic development programs.

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Presentation on theme: "Discussion Agenda Item III.A.1 Approval to process payments budgeted in FY 2010 for Orange County/UCF economic development programs."— Presentation transcript:

1 Discussion Agenda Item III.A.1 Approval to process payments budgeted in FY 2010 for Orange County/UCF economic development programs.

2 Orange County/UCF Programs UCF Institute for Economic Competitiveness UCF Small Business Development Center UCF Small Business Advisory Board Council UCF Venture Lab UCF Business Incubator – Central Florida Research Park

3 Institute for Economic Competitiveness Dr. Sean Snaith

4 UCF Small Business Development Center

5 UCF Advisory Board Council Program Hooah, Inc. www.hooah.cc Common Sense Office Furniture www.commonsenseof.com Limitless International, Inc. www.limitlessintl.com American Home Companions, Inc. www.ahccares.com

6 UCF Business Incubator 1,600 jobs $70 million payroll 19 to 1 ROI Central Florida Research Park 2004 National Business Incubator of the Year 32 companies graduated 35 existing clients 8 new clients to date in 2010

7 UCF Venture Lab www.venturelab.ucf.edu Carposol Optio Nanodiscovery Three new UCF spinouts >

8 BCC Action Requested 1.$200,000 to the UCF Institute for Economic Competitiveness 2.$100,000 to the UCF Small Business Development Center 3.$100,000 to the UCF Small Business Advisory Board Council Program 4.$125,000 to the UCF Business Incubator – Central Florida Research Park 5.$125,000 to the UCF Venture Lab Approval to process payments budgeted in FY 2010 for Orange County/UCF economic development programs in the following amounts:

9 A Decade of Success Creating Economic Opportunities

10 Measuring Success Starting Place: Hospitality & Tourism Economic Development Projects Economic Stimulus Economic Gardening Orange to Green Cleantech Simulation, Military, Central Florida Research Park International Development Community Venues Transportation Innovation Way

11 Hospitality and Tourism Economic Stimulus Package 2.0 boosted support for Academies of Travel & Tourism in OCPS North/South Building completed at Convention Center One cent increase in Tourist Development Tax, half for promoting hospitality and tourism CVB “Orlando’s World Smile Search”

12 Economic Development Projects Mitsubishi Power Systems 2001 and 2007 JetBlue 2003 Electronic Arts 2004 Darden Restaurants 2006 Kaplan University 2008 7 new projects to date in 2010 New Darden Headquarters Campus in Orange County

13 Economic Stimulus Economic Stimulus Package, January 29, 2002 Economic Stimulus Package 2.0, March 11, 2003 23 initiatives - Not quick fixes – substantive programs Full 4-year IT academies in 7 high schools National Branding Campaign UCF Biotch Research Greenhouse Jumpstart funding for Digital Media Alliance Florida Northwest Orange County Agricultural & Biotechnology Research Park Feasibility Study

14 Economic Gardening Growing from the “inside out” UCF Institute for Economic Competitiveness UCF Small Business Development Center UCF Small Business Advisory Board Council UCF Business Incubator – CF Research Park UCF Venture Lab Disney Entrepreneur Center

15 Orange to Green One-megawatt PV system at Convention Center 23.5% reduction by 2009 in petroleum fuel usage of Orange County assets Energy Efficiency Plan to reduce electrical usage in County offices Green procurement and use of environmentally sensitive vendors 2008 – Orange County becomes first Gold Certified Florida Green Government Orange County Convention Center

16 Cleantech Clean is more than Green Cleantech initiatives launched October 23, 2008 Cleantech Report, October 2009 available at www.iec.ucf.edu 17-point Action Plan Cleantech Symposiums Videos and transcripts at www.venturelab.ucf.edu

17 Simulation, Military, Research Park Research Park in Top 10 100 companies 10,000 jobs Force Protection Funding Partnership II and III Buildings BRAC – keeping activity here County support for National for Simulation – new medical simulation and focus www.simulationinformation.com

18 International Development 29,000 Florida businesses export 15 missions to 17 countries – 300 companies Mayor Crotty led 8 missions Indra Systems establishes American Headquarters In Orange County Direct flights between Dublin and Orlando Mayor Crotty with Ireland Prime Minister Bertie Ahern

19 Medical City – Biomedical Cluster Sanford-Burnham Medical Research Institute UCF Medical School Nemours Children’s Hospital Orlando Veteran Affairs Medical Center UCF Burnett School for Bio Medical Building University of Florida Research & Academic Center M.D. Anderson-Orlando Cancer Research facility

20 Community Venues Great communities have great community facilities. July 26, 2007 – Historic Agreement World class events center Performing arts center Significant renovations to the Citrus Bowl $1 billion construction Amway Center opens next month www.amwaycenter.com

21 Transportation Mayor Crotty has served on all of our region’s transportation policy boards – Metroplan, Lynx, GOAA, and the Expressway Authority Wekiva Parkway Sunrail – first line to open in 2013 Florida High Speed Rail Interstate 4 Mayor Crotty at Sunrail bill signing

22 Innovation Way A new corridor extending from UCF to Orlando International Airport Orlando Sentinel: “Crotty has a responsible, high- tech vision for the corridor. What’s not to like.” 8 guiding principles Protect environment… Ties growth to jobs/schools… Work with others on regional issues… Innovation Way

23 A Decade of Success Creating Economic Opportunities

24 BCC Action Requested 1.$200,000 to the UCF Institute for Economic Competitiveness 2.$100,000 to the UCF Small Business Development Center 3.$100,000 to the UCF Small Business Advisory Board Council Program 4.$125,000 to the UCF Business Incubator – Central Florida Research Park 5.$125,000 to the UCF Venture Lab Approval to process payments budgeted in FY 2010 for Orange County/UCF economic development programs in the following amounts:


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