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| Community Budget Issue Requests - Tracking Id #137 |
| Hispanic Business Initiative Fund Statewide Outreach Program |
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| Requester: |
Ed Bustos |
Organization: |
Hispanic Business Initiative Fund Inc. |
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| Project Title: |
Hispanic Business Initiative Fund Statewide Outreach Program |
Date Submitted |
12/18/2007 10:59:25 AM |
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| Sponsors: |
Webster |
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| Statewide Interest: |
| To promote the development and expansion of Hispanic Businesses throughout the state of Florida by supporting quality business development and training to Hispanic entrepreneurs. |
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| Recipient: |
Hispanic Business Initiative Fund Inc. |
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Contact: |
Ed Bustos |
|
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315 East Robinson Street Ste 190 |
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Contact Phone: |
(407) 810-0760 |
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Orlando 32801 |
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Contact email: |
ebustos@hbiforlando.org |
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| Counties: |
{Statewide} |
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| Gov't Entity: |
|
Private Organization (Profit/Not for Profit): |
Yes |
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| Project Description: |
| Business Development and management training to Florida based Hispanic American entrepreneurs |
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| Is this a project related to a federal or state declared disaster? |
No |
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| Measurable Outcome Anticipated: |
| 500 entrepreneurs serviced; $3,500,000 capital marketed; 100 to 175 jobs saved or created. |
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| Amount requested from the State for this project this year: |
$300,000 |
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| Total cost of the project: |
$1,000,000 |
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| Request has been made to fund: |
Operations |
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| What type of match exists for this project? |
Local, Private |
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Cash Amount |
$1,000,000 |
|
In-kind Amount |
$230,000 |
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| Was this project previously funded by the state? |
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Yes |
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Fiscal Year: |
2006-2007 |
Amount: |
$400,000 |
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| Is future-year funding likely to be requested? |
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Yes |
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Amount: |
$400,000 |
To Fund: |
Operations |
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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: |
State of FL Disparity Study (1997) and US Census 2000 |
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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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Yes |
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Hearing Body: |
Orange County Board of Commissioners |
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| Is this a water project as described in Section 403.885, Laws of Florida? |
|
No |
