Community Budget Issue Requests - Tracking Id #682FY0102

Florida Trade and Exhibition Center

Requester:

Luis Sabines

Organization:

The Latin Chamber of Commerce of the US (CAMACOL)

Project Title:

Florida Trade and Exhibition Center

Date Submitted:

1/17/2002 12:45:21 PM

Sponsors:

J. Alex Villalobos

Statewide Interest:

The Latin Chamber of Com of the US(CAMACOL) will continue to provide assistance to small business.

Recipient:

The Latin Chamber of Commerce of the US (CAMACOL)

Contact:

Patricia Arias

1417 West Flagler Street

Contact Phone:

(305) 642-3870

Miami 33135

Counties:

Dade

Gov't Entity:

Private Organization (Profit/Not for Profit):

Yes

Project Description:

The Latin Chamber of Commerce (CAMACOL) is the largest Hispanic business organization in the State of Florida and one of the most influential minority retailers to large corporations. The organization enjoys 501c(6) status with the Internal Revenue Service. The activities funded by this item are focused on providing statewide assistance to Florida's small and minority business community in order to penetrate the international marketplace.

Measurable Outcome Anticipated:

CAMACOL has met or exceeded the performance standars in its current contract with the Governor's office of Trade, Tourism, and Economic Development. Development and Outreach Program targeting the State for more than 100 Florida companies and economic development organizations; development of at least 200 per/month electronic business matchmaker held in conjunction with the Hemispheric Congress; recruitment of 50-100 Florida based firms to participate in the Inter-American Business Matchmaker held in conjunction with Hemispheric Congress; participation of 150-200 small/minority Fl companies at the matchmaker and exhibition; assist 200 companies per quarter; 3-4 trade missions/shows; 2 regional and statewide seminars/workshops per quarter; incubator program promotion throughout minority business community; establishes 30 small/minority export firms in incubator center; 2 statewide cooperative aggreements; 4 domestic trade shows.

Amount requested from the State for this project this year:

$300,000

Total cost of the project:

$800,000

Request has been made to fund:

Operations

What type of match exists for this project?

Local, Private

Cash Amount:

$495,000

Was this project previously funded by the State?

Yes

Fiscal Year:

2001-2002

Amount:

$300,000

Is future-year funding likely to be requested?

Yes

Amount:

$300,000

Purpose for future year funding:

Recurring Operations

Will this be an annual request?

Yes

Was this project included in an Agency's Budget Request?

Yes

Agency:

Governor, Executive Office Of The

Was this project included in the Governor's Recommended Budget?

Yes

Is there a documented need for this project?

Yes

Documentation:

Enterprise Florida Strategic Plan����������

Was this project request heard before a publicly noticed meeting of a body of elected officials (municipal, county, or state)?

Yes

Hearing Body:

Miami-Dade County Legislative Delegation

Meeting Date:

10/5/2001