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CBIRS Request 2740
 
Community Budget Issue Requests - Tracking Id #2740
Internationalizing the Economy of Tampa Bay
 
Requester: A, Bronson Thayer Organization: World Trade Center of Tampa Bay
 
Project Title: Internationalizing the Economy of Tampa Bay Date Submitted 1/13/2006 3:43:14 PM
 
Sponsors: Fasano
 
Statewide Interest:
Internationalizing the business, cultural and educational communities of 9 counties surrounding Tampa Bay.
 
Recipient: World Trade Center of Tampa Bay   Contact: Bev Cline  
  1101 Channelside Drive, Second Floor   Contact Phone: (813) 864-3000  
  Tampa 33602   Contact email: info@wtctampa.com
 
Counties: Hardee, Hernando, Hillsborough, Manatee, Pasco, Pinellas, Polk, Sarasota
 
Gov't Entity:   Private Organization (Profit/Not for Profit): Yes
 
Project Description:
To promote international trade and commerce for the Tampa Bay area through trade education, trade seminars, cultural exchanges, trade missions using chambers of commerce, secondary and higher education , nine internationals chambers of commerce, county economic development entities and 7 honorary consulates resident in Tampa Bay.
 
Is this a project related to a federal or state declared disaster? No
 
Measurable Outcome Anticipated:
A. Within 2 years, to increase international trade originating from Bay area counties by private companies by 30% and within 5 years to double international trade produced by Bay area companies using 2004 as the base yeae. B. To monitor and encourage and measure permenant direct foreign investment in 9 Bay area counties and establish some base level within 2 years and to double that level of direct foreign investment by 2010.
 
Amount requested from the State for this project this year: $750,000
 
Total cost of the project: $1,200,000
 
Request has been made to fund: Operations
 
What type of match exists for this project? Private
  Cash Amount $200,000   In-kind Amount $550,000
 
Was this project previously funded by the state?   No
 
Is future-year funding likely to be requested?   No
 
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: Needs assessment by TIA, Tampa Port Authority, and international chambers of commerce.
 
Was this project request heard before a publicly noticed meeting of a body of elected officials (municipal, county, or state)?   No
 
Is this a water project as described in Section 403.885, Laws of Florida?   No