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CBIRS Request 735
 
Community Budget Issue Requests - Tracking Id #735
Hispanic Business Iniative Fund Statewide Outreach Program
 
Requester: Kirsten Palacios Organization: Hispanic Business Initiative Fund
 
Project Title: Hispanic Business Iniative Fund Statewide Outreach Program Date Submitted 1/13/2006 10:36:12 AM
 
Sponsors: Webster
 
Statewide Interest:
To promote the development and expansion of Hispanic Business throughout the state of Florida by supporting the technical training component in Governor Bush's One Florida Initiative
 
Recipient: Hispanic Business Initiative Fund, Inc   Contact: Kirsten Palacios  
  1101 Channelside Drive, #23   Contact Phone: (407) 428-5872  
  Tampa 33602   Contact email: kpalacios@hbiforl.com
 
Counties: {Statewide}
 
Gov't Entity:   Private Organization (Profit/Not for Profit): Yes
 
Project Description:
Technical assistance and management training to Florida based Hispanic American entrepreneurs.
 
Is this a project related to a federal or state declared disaster? No
 
Measurable Outcome Anticipated:
500 entrepreneurs serviced; $3,500,000 capital accessed; 100 to 175 jobs saved or created.
 
Amount requested from the State for this project this year: $400,000
 
Total cost of the project: $1,630,000
 
Request has been made to fund: Operations
 
What type of match exists for this project? Local, Private
  Cash Amount $1,630,000   In-kind Amount $230,000
 
Was this project previously funded by the state?   Yes
  Fiscal Year: 2005-2006 Amount: $400,000
 
Is future-year funding likely to be requested?   Yes
  Amount: $400,000 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: State of FL Disparity Study (1997) and US Census 2000
 
Was this project request heard before a publicly noticed meeting of a body of elected officials (municipal, county, or state)?   Yes
  Hearing Body: Orange County Board of Commissioners
  Hearing Meeting Date: 10/25/2005
 
Is this a water project as described in Section 403.885, Laws of Florida?   No