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Discussion Agenda Item III.A.1
Approval to process payments budgeted in FY 2010 for
Orange County/UCFeconomic 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
• 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
UCF Venture Lab
www.venturelab.ucf.edu
• Carposol
• Optio
• Nanodiscovery
Three new UCF spinouts >
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:
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 forDigital Media Alliance Florida
• Northwest Orange CountyAgricultural & BiotechnologyResearch 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 systemat Convention Center
• 23.5% reduction by 2009 inpetroleum fuel usage of Orange County assets
• Energy Efficiency Plan to reduce electrical usage inCounty 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 HeadquartersIn Orange County
• Direct flights betweenDublin 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
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: