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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. Orange County/UCF Programs. UCF Institute for Economic Competitiveness UCF Small Business Development Center UCF Small Business Advisory Board Council
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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.
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
Institute for Economic Competitiveness Dr. Sean Snaith
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
UCF Business Incubator Central Florida Research Park • 1,600 jobs • $70 million payroll • 19 to 1 ROI • 2004 National Business Incubator of the Year • 32 companies graduated • 35 existing clients • 8 new clients to date in 2010
UCF Venture Lab Three new UCF spinouts > • Carposol • Optio • Nanodiscovery www.venturelab.ucf.edu
BCC Action Requested Approval to process payments budgeted in FY 2010 for Orange County/UCF economic development programs in the following amounts: $200,000 to the UCF Institute for Economic Competitiveness $100,000 to the UCF Small Business Development Center $100,000 to the UCF Small Business Advisory Board Council Program $125,000 to the UCF Business Incubator – Central Florida Research Park $125,000 to the UCF Venture Lab
A Decade of Success Creating Economic Opportunities
Creating Economic Opportunities • 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
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”
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
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
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
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
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
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
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
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
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
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
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
A Decade of Success Creating Economic Opportunities
BCC Action Requested Approval to process payments budgeted in FY 2010 for Orange County/UCF economic development programs in the following amounts: $200,000 to the UCF Institute for Economic Competitiveness $100,000 to the UCF Small Business Development Center $100,000 to the UCF Small Business Advisory Board Council Program $125,000 to the UCF Business Incubator – Central Florida Research Park $125,000 to the UCF Venture Lab