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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 |
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Contact: |
Bev Cline |
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1101 Channelside Drive, Second Floor |
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Contact Phone: |
(813) 864-3000 |
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Tampa 33602 |
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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: |
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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 |
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Cash Amount |
$200,000 |
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In-kind Amount |
$550,000 |
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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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No |
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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? |
No |
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| Is there a documented need for this project? |
Yes |
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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)? |
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No |
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| Is this a water project as described in Section 403.885, Laws of Florida? |
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No |