Community Budget Issue Requests - Tracking Id #2759FY0001 Florida Hispanic-Business Incubator Project
Requester:		Vanessa Cohn			Organization:		Hispanic Business Initiative Fund
Project Title:		Florida Hispanic-Business Incubator Project			Date Submitted:		2/16/01 10:57:18 AM
Sponsors:		Locke Burt
Statewide Interest:		Economic Development - Foster expansion of Hispanic-owned businesses.
Recipient:		Hispanic Business Initiative Fund			Contact:		Vanessa Cohn
		2105 North Nebraska Ave., 2nd Floor			Contact Phone:		(813) 254-1400
		Tampa 33602-2558
Counties:		{Statewide}
Service Area:		Private Organization
Project Description:
Expand HBIF services to a statewide basis to incubate new businesses by Hispanic entrepreneurs or sustain struggling Hispanic-owned businesses through mentoring and bilingual interpretations services.
Measurable Outcome Anticipated:
Many jobs created, businesses started, businesses saved, and private-sector loans secured.
Amount requested from the State for this project this year:						$1,000,000
Total cost of the project:			$1,350,000
Request has been made to fund:				Operations
Type of funding match:		Local
	Total Cash Amount:		$350,000
Was this project previously funded by the State?							No
Is future-year funding likely to be requested?							Yes
	Amount:		$1,000,000
	Purpose for future year funding:					Recurring Operations
	Will this be an annual request?						Yes
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:		Florida Disparity Study (1997) statistics gatherd by HBIF, US Census 2000, past state grant distrib.
Was this project request heard before a publicly noticed meeting of a body of elected officials (municipal, county, or state)?							Yes
	Hearing Body:		BOCC's for Orange, Osceola & Hillsborough Counties
	Meeting Date:		1/15/01