Interoffice Memorandum
DATE: October 29, 2025
TO: Mayor Jerry L. Demings and County Commissioners
THROUGH: Roseann Harrington, Chief of Staff
FROM: Dennis Holste, Economic Development Administrator
CONTACT: Alyssa Baracat, Economic Development Program Coordinator
PHONE: 407-836-7314
DIVISION: Office of Economic, Trade and Tourism Development
ACTION REQUESTED:
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Approval and execution of Orange County, Florida and University of Central Florida Research Foundation, Inc. FY 2026 Small Business Development Programs Grant Agreement and authorization to disburse $949,277. (Office of Economic, Trade and Tourism Development)
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PROJECT: N/A
PURPOSE: The University of Central Florida Research Foundation, Inc. (UCFRF) has applied to the County for grant funding for several small business programs operated in association with the University of Central Florida College of Business Administration, Small Business Development Center, Business Incubation Program, and Venture Launch Program. The County has determined that there is a public interest for such programs in order to promote businesses in Central Florida through education, training, work sessions, seminars, and other activities conducive to Orange County's economy and, to that end, the County has appropriated funds to be donated to UCFRF for such purposes.
BUDGET: $949,277