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| Community Budget Issue Requests - Tracking Id #1656 |
| Veterans Business Development and Micro-Loan Program |
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| Requester: |
Jerry Cartwright, State Director |
Organization: |
Florida Small Business Development Center Network |
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| Project Title: |
Veterans Business Development and Micro-Loan Program |
Date Submitted |
1/14/2004 5:00:15 PM |
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| Sponsors: |
Clary |
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| Statewide Interest: |
| Emerging veteran business issues in development, sustainability and access to capital. |
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| Recipient: |
University of West Florida |
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Contact: |
Jerry Cartwright |
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11000 University Parkway |
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Contact Phone: |
(850) 473-7801 |
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Pensacola 32514 |
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Contact email: |
jcartwri@uwf.edu |
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| Counties: |
{Statewide} |
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| Gov't Entity: |
Yes |
Private Organization (Profit/Not for Profit): |
|
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| Project Description: |
| Micro-loans through Florida First Capital Finance Corporation with continuous on-going pre and post-technical counseling and educational assistance to statewide veteran population via the SBDC's; enhanced and expanded government (local, regional, state & federal) contracting and economic transition technical assistance to statewide veteran population. No additional administrative or personnel burdens will be placed upon any State Agency due to this appropriation. |
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| Is this a water project as described in Chapter 2002-291, Laws of Florida? |
No |
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| Measurable Outcome Anticipated: |
| $750,000 in veteran micro-loans awarded; enhanced/expanded continuous on-going pre and post-technical counseling and educational assistance to veteran population; U.S. SBA application for secured micro-lending certification and funding of $750,000 for Florida First Capital Finance Corporation; expanded contracting awards to veterans business owners; new business market identification through economic transition for veteran businesses. |
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| Amount requested from the State for this project this year: |
$1,668,000 |
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| Total cost of the project: |
$1,668,000 |
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| Request has been made to fund: |
Operations |
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| What type of match exists for this project? |
Local, Federal |
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Cash Amount |
$668,000 |
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In-kind Amount |
$100,000 |
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| Was this project previously funded by the state? |
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No |
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| Is future-year funding likely to be requested? |
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Yes |
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Amount: |
$918,000 |
To Fund: |
Operations |
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| Was this project included in an Agency's Budget Request? |
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No |
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| Was this project included in the Governor's Recommended Budget? |
Unknown |
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| Is there a documented need for this project? |
Yes |
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Documentation: |
SBDC Network assessment of need by statewide veteran constituents. |
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| Was this project request heard before a publicly noticed meeting of a body of elected officials (municipal, county, or state)? |
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Yes |
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Hearing Body: |
Senate Military & Veterans' Affairs, Base Protection & Spaceports Committee |
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Hearing Meeting Date: |
03/31/2003 |
