| Community Budget Issue Requests - Tracking Id #1656 | |||||||||
| Veterans Business Development and Micro-Loan Program | |||||||||
| Requester: | Jerry Cartwright, State Director | Organization: | Florida Small Business Development Center Network | ||||||
| Project Title: | Veterans Business Development and Micro-Loan Program | Date Submitted | 1/14/2004 5:00:15 PM | ||||||
| Sponsors: | Clary | ||||||||
| Statewide Interest: | |||||||||
| Emerging veteran business issues in development, sustainability and access to capital. | |||||||||
| Recipient: | University of West Florida | Contact: | Jerry Cartwright | ||||||
| 11000 University Parkway | Contact Phone: | (850) 473-7801 | |||||||
| Pensacola 32514 | Contact email: | jcartwri@uwf.edu | |||||||
| Counties: | {Statewide} | ||||||||
| Gov't Entity: | Yes | Private Organization (Profit/Not for Profit): | |||||||
| Project Description: | |||||||||
| Micro-loans through Florida First Capital Finance Corporation with continuous on-going pre and post-technical counseling and educational assistance to statewide veteran population via the SBDC's; enhanced and expanded government (local, regional, state & federal) contracting and economic transition technical assistance to statewide veteran population. No additional administrative or personnel burdens will be placed upon any State Agency due to this appropriation. | |||||||||
| Is this a water project as described in Chapter 2002-291, Laws of Florida? | No | ||||||||
| Measurable Outcome Anticipated: | |||||||||
| $750,000 in veteran micro-loans awarded; enhanced/expanded continuous on-going pre and post-technical counseling and educational assistance to veteran population; U.S. SBA application for secured micro-lending certification and funding of $750,000 for Florida First Capital Finance Corporation; expanded contracting awards to veterans business owners; new business market identification through economic transition for veteran businesses. | |||||||||
| Amount requested from the State for this project this year: | $1,668,000 | ||||||||
| Total cost of the project: | $1,668,000 | ||||||||
| Request has been made to fund: | Operations | ||||||||
| What type of match exists for this project? | Local, Federal | ||||||||
| Cash Amount | $668,000 | In-kind Amount | $100,000 | ||||||
| Was this project previously funded by the state? | No | ||||||||
| Is future-year funding likely to be requested? | Yes | Amount: | $918,000 | To Fund: | Operations | ||||
| Was this project included in an Agency's Budget Request? | No | ||||||||
| Was this project included in the Governor's Recommended Budget? | Unknown | ||||||||
| Is there a documented need for this project? | Yes | ||||||||
| Documentation: | SBDC Network assessment of need by statewide veteran constituents. | ||||||||
| Was this project request heard before a publicly noticed meeting of a body of elected officials (municipal, county, or state)? | Yes | ||||||||
| Hearing Body: | Senate Military & Veterans' Affairs, Base Protection & Spaceports Committee | ||||||||
| Hearing Meeting Date: | 03/31/2003 | ||||||||