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 Small Business Development Center
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
• Carposol
UCF spinouts >
• 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:
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
A Decade of Success
Creating Economic Opportunities
Creating Economic Opportunities
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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
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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
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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
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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
Orange County Convention Center
reduce electrical usage in
County offices
• Green procurement and use of environmentally
sensitive vendors
• 2008 – Orange County becomes first Gold Certified
Florida Green Government
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
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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
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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
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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, hightech 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:
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