Legislation Details

File #: 24-1804    Version: 1 Name:
Type: Recommendation Status: Discussion Item
File created: 11/22/2024 In control: County Mayor
On agenda: 12/17/2024 Final action:
Title: Approval and execution of Master Consortium Agreement for the National Entrepreneur Center between Orange County, Florida and Disney Worldwide Services, Inc. and University of Central Florida Board of Trustees. (Office of Economic, Trade and Tourism Development)
Attachments: 1. Dec 17, 2024- Economic Development- Master Consortium for NEC, 2. 2024-12-17 County Mayor Discussion Item-02, 3. 2024-12-17 Discussion C2 Exhibit 1 - Belinda Ortiz Kirkegard
Interoffice Memorandum

DATE: November 22, 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:
title
Approval and execution of Master Consortium Agreement for the National Entrepreneur Center between Orange County, Florida and Disney Worldwide Services, Inc. and University of Central Florida Board of Trustees. (Office of Economic, Trade and Tourism Development)
body

PROJECT: Master Consortium Agreement for the National Entrepreneur Center between Orange County, Florida and Disney Worldwide Services, Inc. and University of Central Florida Board of Trustees

PURPOSE: Orange County, Florida, University of Central Florida Board of Trustees and Disney Worldwide Services established and agree to continue serving as the founding investors to support the consortium in sustaining the Center as a regional resource to house a variety of resident and affiliate Resource Partner Organizations as approved by the Executive Board of the Center. Said Resource Partners shall be tasked with providing training, resources, and coaching to business clients. "Additional Investors" may be recommended by the President of the Center and approved by the Executive Board, and upon such approval, will execute an agreement which terms may vary according to investment category definition but shall be subject to the terms of this Agreement.

B) The parties enter into this agreement having created and intended to continue enabling the Center, which houses a variety of non-profit organizations offering comprehensive small business training, information, business events and education activities. The purpose of the Center is to provide resources for expertise between multiple Resource Partners, improve access to these resources for local entre...

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