Most of the funds--$29 million--was awarded through the Small Cities Community Development Block Grant (CDBG) program, $1.2 million through the Community Planning Technical Assistance (CPTA) grant program, $280,000 through the Competitive Florida Partnership grant program and $198,500 through the Rural Expansion Toolkit initiative.
The awards are part of Enterprise Florida’s (EFI) Rural Expansion Toolkit initiative to assist rural communities with broad-based economic engagement and capacity building efforts.
“We continue working to ensure Florida remains the most veteran-friendly state, offering programs that support Florida’s hardworking, well-trained, and skilled veterans who make great contributions toward Florida’s workforce and economy,” said DeSantis on Tuesday. “I encourage all veteran small businesses and entrepreneurs to take advantage of the state resources available to support their growth”
The Rural Expansion Toolkit consists of grant programs including Consulting Services and Site Preparedness in the Rural Communities, as well as existing Marketing and Training grant opportunities.
Following the modernized trade agreement between the U.S., Mexico and Canada, Enterprise Florida, Inc. (EFI) is expanding its trade facilitation service to these border countries. The Virtual Business Matchmaking program is designed to help Florida’s small and medium-sized companies continue doing business overseas even as international travel is restricted and traditional marketing events are extremely limited.
Enterprise Florida, Inc. (EFI) announced on Tuesday that it is launching a new trade grant program to help the state’s small and medium-sized companies continue doing business overseas even as international travel is restricted during the coronavirus pandemic.
Enterprise Florida Suspends Initial Fees Through its Microfinance Guarantee Program to Support Small Businesses
EFI manages the Microfinance Guarantee Program designed to stimulate access to credit for entrepreneurs and small businesses in this state by providing targeted loan guarantees to lenders made to such entrepreneurs and small businesses. This program provides guarantees up to 50 percent on loans of $250,000 or less.
The governor’s office laid out how the funds will be used.
“The Florida Job Growth Grant Fund is an economic development program designed to promote public infrastructure and workforce training across the state. Proposals are reviewed by the Florida Department of Economic Opportunity (DEO) and Enterprise Florida, Inc. (EFI) and chosen by the governor to help meet workforce or infrastructure needs in the community to which they are awarded,” the governor’s office noted.
DeSantis and Sowell met with representatives from BNY Mellon, FIDUS Partners, Soroban Capital Partners and TrustCo Bank.
DeSantis and Jamal Sowell, the president and CEO of Enterprise Florida, Inc. (EFI), tried to sell Chicago businesses on the advantages of doing business in the Sunshine State.
12Page 1 of 2