Presentation to the Orange County Board of Commissioners

1. Presentation to the Orange County Board of Commissioners Tuesday, August 17, 2010

2. Who We Are… • Investment Corporation • Central Florida’s Premier Non-Traditional Lender - specializing in • providing loans to minority & small businesses • Created out of Florida Statue 288.7 • (1985 Florida Small and Minority Business Act) • Regulated • Office of Comptroller of Currency and the Auditor General • Certified by: • OTTED • Black Business Investment Corporation (BBIC) • U.S. Department of Treasury • Community Development Financial Institution (CDFI) • Community Development Enterprise (CDE) BBIF is an Economic engine for Orange County

3. Our Partners

4. What We Do… Core Services Access to Capital Black Business Loan Fund Economic Gardening Loan Fund Technical Assistance Orientation One on One Staff Counseling Business Owners Roundtable Networking Annual Business Networking Event Business Opportunities Business Opportunity Functions (Quarterly) Special Community Meetings

5. Our Approach...

6. BBIF increased its capital in 2009… • BBIF’s services have expanded • $8.5 million in additional loan capital • Provides loans to qualified stage 2 businesses • Revenues of $1 million - $25 million • 10 – 50 employees • Loan amounts are: $50,000 - $250,000

7. Access To Capital Business Working Capital: Business lines of credit - Contract & A/R financing - Equipment financing • $4.5 million loan fund - established in 1988 provides loans to qualified stage 1 Black-owned businesses (established a minimum of 2 years). Loan amount are: $10,000 - $100,000. • $8.5 million loan fund - established in 2009, provides loans to qualified stage 2 businesses (established a minimum of 2 years, revenues of $1 million - $25 million and 10 – 50 employees.). This fund is race neural; it is available to any race business owner). Loan amounts are: $50,000 - $250,000.

8. Support of the BBIF provides a excellent return to Orange County… • BBIF provides a 1000% return back to the county • Impacts property taxes & sales taxes directly • BBIF is an Economic engine for the County • A direct result of client business revenues

9. BBIF’S TAX REVENUE IMPACT BBIF’s returns the dollars to the County $2,161,858 10x Customer Jobs/Households 284 Customer Avg. Salaries $52,495 ORANGE COUNTY Property Taxes = $1,192,800 Sales Taxes = $969,058

10. We are requesting support… Issue:Strong demand from the business community Resolve: BBIF has raised additional capital $1 million in additional loan capital – 2010

11. Access To Capital Business Working Capital: Business lines of credit - Contract & A/R financing - Equipment financing NEW, starts October 1, 2010 $1.05 million loan fund To start October 2010 To provide loans to stage 0 & 1 businesses Loan amounts are: $5,000 - $35,000

12. BBIF’S ECONOMIC IMPACT Oct. 1, 2009 - June 2010 ORANGE COUNTY $74,093,925 Customer Revenues $29,537,474 Customer Jobs 284 Customer Avg. Salaries $52,495 Customer Loans $3,347,262 * U.S. DOC Regional Industrial Multiplier 1:1.6767 * MCP @ UCF 1/1.89

13. BBIF’S TOTAL ECONOMIC IMPACT Oct. 1, 2009 - June 2010 $264,036,759 Customer Revenues $120,974,202 Customer Jobs 855 Customer Avg. Salaries $44,076 Customer Loans $7,650,316 * U.S. DOC Regional Industrial Multiplier 1:1.6767 * MCP @ UCF 1/1.89

14. 2010 BBIF Annual & Professional Networking Event Networking & Opportunity RL Held May 2010 Over 400 attendees Several Orange County Clients either participated or in attendance

15. Networking & Opportunity Several BBIF hosted events held at the DEC training room facilities annually • Business Opportunity Luncheons • B.O.S.S. Events • SBDC Events • GOAA Events • FMSDC Events • UCF Events • OTTED Small Business Opportunity Forum • BBIC President Meetings • OCPS Events • DEC Events

16. The Renaissance at Carver Square • A 293,706 Sq. Ft. 11-Story Mixed Use Development • 320 Seat Multi-use Theatre • 17 Residential Units • Restaurants • Retail Shops • 60,000 Sq. Ft of Commercial/Office Spaces • Small Business Institute • 302 Space Parking Garage • Located At The Corners of Parramore and Church

17. Orange County Client RL Burns, Inc. Client Spotlight RL Business Info City: Orlando, FL County: Orange District: 6 Years in business: 15+ Number of employees: 8 Service(s): BBLF; TA Specializes in pre-construction design-build, new building construction, renovation, facilities maintenance, and post construction services for commercial and multi-family construction projects in the State of Florida Bob Burns President RL Burns, Inc.

18. Orange County Client P&G Mechanical, Inc. Client Spotlight RL Business Info City: Winter Garden, FL County: Orange District: 1 Years in business: 13+ Number of employees: 11 Service(s): BBLF; TA Air conditioning and plumbing All phases of the air conditioning and plumbing industry including the residential, multi-family, commercial and service markets. Services include: Hydronic piping systems installation, Sheet metal and fiberglass duct installation, Services and maintenance of HVAC systems, Plumbing installation, Installation of piping systems and ductwork, Design/build HVAC systems, Commercial and residential service. Floyd Perkins President P&G Mechanical, Inc.

19. Orange County Client Tecport Optics, Inc. Client Spotlight RL Business Info City: Orlando, FL County: Orange District: 4 Years in business: 12+ Number of employees: 12 Service(s): EGLF; TA Manufacturer of top quality thin film vacuum deposition systems. Sophisticated systems employ leading edge technology such as high density plasma, achieving coating characteristic that has never been seen before. Tecport serves high tech industries such as semiconductor, precision optics, alternative energy (solar cell), LED, flat panel display, imaging and telecommunication. Joseph Kim Executive Vice President Tecport Optics, Inc.

20. Orange County Client GPC Maintenance Systems, Inc. Client Spotlight RL Business Info City: Orlando, FL County: Orange District: 3 Years in business: 10+ Number of employees: 8 Service(s): BBLF; TA Bert Geathers President GPC Maintenance Systems, Inc. GPC provides pressure washing and industrial cleaning services to private and public entities. Clients include Walgreens, Florida Turnpike Enterprise and the Orlando Orange County Expressway Authority

21. Orange County Clients District 3 Client Spotlight RL Business Info City: Orlando, FL County: Orange District: 3 Service(s): BBLF; TA Sam Butler President USE, Inc. Robbi Stiell Owner MXY, LLC USE Inc. is a security service provider for airports nationally as well as staffing services. USE is an 8A Certified contractor. USE has been in business for over 16 years. MYX LLC. is a new ‘green’ cafe concept specializing in unique beverages with an environmentally friendly focus. Michelle Johnson President Celeste MIchelle Jewels, LLC. Celeste Michelle Jewels LLC. is new fashion/costume jewelry designer and wholesaler. The company designs, produces and sells trend jewelry to better department and specialty stores across North America & Europe.

22. Orange County Client Page One Consultants, Inc. Client Spotlight RL Business Info City: Orlando, FL County: Orange District: 4 Years in business: 16+ Number of employees: 19 Service(s): EGLF; TA An engineering firm that provides Construction Engineering and Inspection Services (CEI), Consulting, Building Engineering Inspection, Construction Material Testing (CMT), Threshold and Welding Inspection Services, Building Inspection Services, Environmental Services, Geotechnical Services and Program/Construction Management. Sheryl Page President Page One Consultants, Inc.

23. Orange County Client BFA Environmental, Inc. Client Spotlight RL Business Info City: Orlando, FL County: Orange District: 3 Years in business: 16+ Number of employees: 19 Service(s): BBLF; EGLF; TA An environmental engineering and hydrogeological consulting firm, established in 1994 to help meet the growing need for environmental consultants. Patrick Barnes President BFA Environmental, Inc.

24. Orange County Client Progressive System Solutions, Inc. Client Spotlight RL Business Info City: Orlando, FL County: Orange District: 2 Years in business: 16+ Number of employees: 19 Service(s): EGLF; TA A full service IT consulting firm dedicated to helping Central Florida business do better. PSS provides a full range of integrated solutions including accounting and finance, project accounting, manufacturing, networking, internet security, programming, application training and ongoing customer support. PSS can work in conjunction with existing IT staff or provide complete IT services, based on their client's requirements. Progressive System Solutions is a Microsoft Gold Certified Partner and ISV Solution Provider. Carolyn Jasiulewicz President PSS, Inc.

25. Orange County Client ACE Construction Management Client Spotlight RL Business Info City: Orlando, FL County: Orange District: 5 Years in business: 10+ Number of employees: 3 Service(s): TA JaJa Wade President ACE Construction Management ACE Construction Management is a local firm that specializes in project and other construction management services. BBIF Technical Assistance client and ACE President JaJa Wade is the Chairman of the Orange County Pine Hills Redevelopment Task Force.

26. Orange County Client Protean Design Group, Inc. Client Spotlight RL Business Info City: Orlando, FL County: Orange District: 3 Years in business: 23+ Number of employees: 13 Service(s): TA A multi-disciplined civil engineering consulting firm founded on the principal that diversity, ingenuity and forward-thinking ideas will make a greater impact on business success. The way PDG thinks and approaches every project makes their organization stand apart from traditional engineering firms. PDG has brought together the finest minds in Civil Engineering, with expertise in Transportation, Site Development, Traffic and Lighting. PDG is not an ordinary engineering company, they are one of the most innovative design firms working to set the trends of the future. Kimberly Horlander President Protean Design Group, Inc.

27. Orange County Client BASE Consultants, P.A. Client Spotlight RL Business Info City: Orlando, FL County: Orange District: 5 Years in business: 3+ Number of employees: 5 Service(s): TA • Structural engineering and parking consulting firm • Specialize in services for architectural, transportation, environmental, recreational, municipal and educational facilities Saila Alath President Base Consultants, P.A.

28. Orange County Client A.D.S Welding, P.A. Client Spotlight RL Business Info City: Orlando, FL County: Orange District: 6 Years in business: 14+ Number of employees: 8 Service(s): BBLF • A welding company • Specializes in SIP (stay in place metal) • Rebar bridge work Anthony Sylvester President A.D.S Welding, Inc.

29. Orange County Client CELECTSYS, INC. Client Spotlight RL Business Info City: Orlando, FL County: Orange District: 3 Years in business: 16+ Number of employees: 10 Service(s): BBLF • Electrical contracting • New construction – industrial & commercial • buildings • Upgrading of existing electrical systems • Emergency power improvement • Lighting for sports fields • Underground utilities Errol Greenidge President

30. We ask for your support of our funding request. Thank You! BBIF Central Florida 315 E Robinson Street, Suite 660 Orlando, FL 32801 P: 407.649.4780 F: 407.648.8688