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CBIRS Request 1935
 
Community Budget Issue Requests - Tracking Id #1935
International Trade Consortium - Increased Trade - Miami-Dade County
 
Requester: Manny J. Gonzalez Organization: International Trade Consortium of Miami-Dade County
 
Project Title: International Trade Consortium - Increased Trade - Miami-Dade County Date Submitted 1/12/2006 3:10:12 PM
 
Sponsors: Wilson
 
Statewide Interest:
To increase trade and create jobs
 
Recipient: International Trade Consortium of Miami-Dade County   Contact: Dimitrios J. Nares  
  111 NW 1st Street   Contact Phone: (305) 375-4686  
  Miami 33128   Contact email: NARES@miamidade.gov
 
Counties: Dade
 
Gov't Entity: Yes Private Organization (Profit/Not for Profit):  
 
Project Description:
The ITC seeks to expand the services of its newly created International Trade Facilitation Center (Incubator Office) to increase trade and create jobs. With the requested allocation of $300,000, the ITC will develop a marketing and a business recruitment campaign; hire a professional trade consultant to conduct trade research for the Incubator Office; hire a full-time support staff to support the Incubator Office's business clients; perform an economic impact study of the financial impact that international business incubators have on Miami-Dade County and Florida and conduct additional trade-related conferences and workshops.
 
Is this a project related to a federal or state declared disaster? No
 
Measurable Outcome Anticipated:
Provide training and managerial support to companies that show potential for growth. Anticipated that 10 of these companies will partake in this program in 06-07, and will graduate 18-24 months later.
 
Amount requested from the State for this project this year: $300,000
 
Total cost of the project: $425,000
 
Request has been made to fund: Operations
 
What type of match exists for this project? Local
  Cash Amount $125,000  
 
Was this project previously funded by the state?   No
 
Is future-year funding likely to be requested?   Yes
  Amount: $300,000 To Fund: Operations
 
Was this project included in an Agency's Budget Request?   No
 
Was this project included in the Governor's Recommended Budget? No
 
Is there a documented need for this project? Yes
  Documentation: National Business Incubation Association Report
 
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 Board of County Commissioners
  Hearing Meeting Date: 11/15/2005
 
Is this a water project as described in Section 403.885, Laws of Florida?   No