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| Community Budget Issue Requests - Tracking Id #2740 | 
 
 
| Internationalizing the Economy of Tampa Bay | 
 
 
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| Requester: | A, Bronson Thayer | Organization: | World Trade Center of Tampa Bay | 
 
 
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| Project Title: | Internationalizing the Economy of Tampa Bay | Date Submitted | 1/13/2006 3:43:14 PM | 
 
 
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| Sponsors: | Fasano | 
 
 
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| Statewide Interest: | 
 
 
| Internationalizing the business, cultural and educational communities of 9 counties surrounding Tampa Bay. | 
 
 
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| 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 | 
 
 
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| Counties: | Hardee, Hernando, Hillsborough, Manatee, Pasco, Pinellas, Polk, Sarasota | 
 
 
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| Gov't Entity: |  | Private Organization (Profit/Not for Profit): | Yes | 
 
 
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| 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. | 
 
 
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| Is this a project related to a federal or state declared disaster? | No | 
 
 
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| 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. | 
 
 
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| Amount requested from the State for this project this year: | $750,000 | 
 
 
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| Total cost of the project: | $1,200,000 | 
 
 
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| Request has been made to fund: | Operations | 
 
 
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| What type of match exists for this project? | Private | 
 
 
|  | Cash Amount | $200,000 |  | In-kind Amount | $550,000 | 
 
 
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| Was this project previously funded by the state? |  | No | 
 
 
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| Is future-year funding likely to be requested? |  | No | 
 
 
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| Was this project included in an Agency's Budget Request? |  | No | 
 
 
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| Was this project included in the Governor's Recommended Budget? | No | 
 
 
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| Is there a documented need for this project? | Yes | 
 
 
|  | Documentation: | Needs assessment by TIA, Tampa Port Authority, and international chambers of commerce. | 
 
 
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| Was this project request heard before a publicly noticed meeting of a body of elected officials (municipal, county, or state)? |  | No | 
 
 
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| Is this a water project as described in Section 403.885, Laws of Florida? |  | No |