Discussion Agenda Item III.A.1

Approval to process payments budgeted in FY 2010 for

Orange County/UCFeconomic development programs.

Orange County/UCF Programs

• UCF Institute for Economic Competitiveness

• UCF Small Business Development Center

• UCF Small Business Advisory Board Council

• UCF Venture Lab

• UCF Business Incubator – Central Florida Research Park

Institute for Economic Competitiveness

Dr. Sean Snaith

UCF Small Business Development Center

UCF Advisory Board Council Program

• Hooah, Inc.

www.hooah.cc

• Common Sense Office Furniture

www.commonsenseof.com

• Limitless International, Inc.

www.limitlessintl.com

• American Home Companions, Inc.

www.ahccares.com

UCF Business Incubator

• 1,600 jobs

• $70 million payroll

• 19 to 1 ROI

Central Florida Research Park

• 2004 National Business Incubator of the Year

• 32 companies graduated

• 35 existing clients

• 8 new clients to date in 2010

UCF Venture Lab

www.venturelab.ucf.edu

• Carposol

• Optio

• Nanodiscovery

Three new UCF spinouts >

BCC Action Requested

1. $200,000 to the UCF Institute for Economic Competitiveness

2. $100,000 to the UCF Small Business Development Center

3. $100,000 to the UCF Small Business Advisory Board Council Program

4. $125,000 to the UCF Business Incubator – Central Florida Research Park

5. $125,000 to the UCF Venture Lab

Approval to process payments budgeted in FY 2010 for Orange County/UCF economic development programs in the following amounts:

A Decade of Success

Creating Economic Opportunities

Creating Economic Opportunities

• Measuring Success

• Starting Place: Hospitality & Tourism

• Economic Development Projects

• Economic Stimulus

• Economic Gardening

• Orange to Green

• Cleantech

• Simulation, Military, Central Florida Research Park

• International Development

• Community Venues

• Transportation

• Innovation Way

Hospitality and Tourism

• Economic Stimulus Package 2.0 boosted support for Academies of Travel & Tourism in OCPS

• North/South Building completed at Convention Center

• One cent increase in Tourist Development Tax, half for promoting hospitality and tourism

• CVB “Orlando’s World Smile Search”

Economic Development Projects

• Mitsubishi Power Systems 2001 and 2007

• JetBlue 2003

• Electronic Arts 2004

• Darden Restaurants 2006

• Kaplan University 2008

• 7 new projects to date in 2010

New Darden Headquarters Campus in Orange County

Economic Stimulus

• Economic Stimulus Package, January 29, 2002

• Economic Stimulus Package 2.0, March 11, 2003

• 23 initiatives - Not quick fixes – substantive programs

• Full 4-year IT academies in 7 high schools

• National Branding Campaign

• UCF Biotch Research Greenhouse

• Jumpstart funding forDigital Media Alliance Florida

• Northwest Orange CountyAgricultural & BiotechnologyResearch Park Feasibility Study

Economic Gardening• Growing from the “inside out”

• UCF Institute for Economic Competitiveness

• UCF Small Business Development Center

• UCF Small Business Advisory Board Council

• UCF Business Incubator – CF Research Park

• UCF Venture Lab

• Disney Entrepreneur Center

Orange to Green

• One-megawatt PV systemat Convention Center

• 23.5% reduction by 2009 inpetroleum fuel usage of Orange County assets

• Energy Efficiency Plan to reduce electrical usage inCounty offices• Green procurement and use of environmentally

sensitive vendors

• 2008 – Orange County becomes first Gold Certified Florida Green Government

Orange County Convention Center

Cleantech

• Clean is more than Green

• Cleantech initiatives launched

October 23, 2008

• Cleantech Report, October 2009

available at www.iec.ucf.edu

• 17-point Action Plan

• Cleantech Symposiums

• Videos and transcripts

at www.venturelab.ucf.edu

Simulation, Military, Research Park

• Research Park in Top 10

• 100 companies

• 10,000 jobs

• Force Protection Funding

• Partnership II and III Buildings

• BRAC – keeping activity here

• County support for National for Simulation – new medical simulation and focus

www.simulationinformation.com

International Development

• 29,000 Florida businesses export

• 15 missions to 17 countries – 300 companies

• Mayor Crotty led 8 missions

• Indra Systems establishes

American HeadquartersIn Orange County

• Direct flights betweenDublin and Orlando Mayor Crotty with Ireland Prime Minister

Bertie Ahern

Medical City – Biomedical Cluster• Sanford-Burnham Medical Research Institute

• UCF Medical School

• Nemours Children’s Hospital

• Orlando Veteran Affairs Medical Center

• UCF Burnett School for Bio Medical Building

• University of Florida Research & Academic Center

• M.D. Anderson-Orlando Cancer Research facility

Community Venues• Great communities have great community facilities.

• July 26, 2007 – Historic Agreement

• World class events center

• Performing arts center

• Significant renovations to the Citrus Bowl

• $1 billion construction

• Amway Center opens next month

www.amwaycenter.com

Transportation

•Mayor Crotty has served on all of our region’s

transportation policy boards – Metroplan, Lynx,

GOAA, and the Expressway Authority

•Wekiva Parkway

•Sunrail – first line to open

in 2013

•Florida High Speed Rail

•Interstate 4

Mayor Crotty at Sunrail bill signing

Innovation Way

• A new corridor extending from UCF to Orlando International Airport

• Orlando Sentinel: “Crotty has a responsible, high-tech vision for the corridor. What’s not to like.”

• 8 guiding principles• Protect environment…

• Ties growth to jobs/schools…

• Work with others on regional issues…

Innovation Way

A Decade of Success

Creating Economic Opportunities

BCC Action Requested

1. $200,000 to the UCF Institute for Economic Competitiveness

2. $100,000 to the UCF Small Business Development Center

3. $100,000 to the UCF Small Business Advisory Board Council Program

4. $125,000 to the UCF Business Incubator – Central Florida Research Park

5. $125,000 to the UCF Venture Lab

Approval to process payments budgeted in FY 2010 for Orange County/UCF economic development programs in the following amounts: