Interoffice Memorandum
DATE: November 21, 2024
TO: Mayor Jerry L. Demings and County Commissioners
THROUGH: Roseann Harrington, Chief of Staff
FROM: Dennis Holste, Economic Development Administrator
CONTACT: Jessica Kinkle, Administrative Assistant
PHONE: 407-836-7366
DIVISION: Office of Economic, Trade and Tourism Development
ACTION REQUESTED:
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Approval and execution of Consortium Funding Agreement for the National Entrepreneur Center between Orange County, Florida and The University of Central Florida and authorization to disburse $300,000 in annual support toward the Center’s general fund, for payment of a portion of the rental and use costs of the Center’s facility, during the term of this agreement. (Office of Economic, Trade and Tourism Development)
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PROJECT: Consortium Funding Agreement for the National Entrepreneur Center between Orange County, Florida and The University of Central Florida
PURPOSE: The County and University of Central Florida each agree to continue serving as a Founding Investor to support the consortium in sustaining the Center as delineated in the “Consortium Agreement.”
BUDGET: $300,000