Approval of Changes to Agreements Relating to The Disney/SBA National Entrepreneur Center

Background  A unique public-private partnership dedicated to the development, growth and success of small business.  11 service organizations at the Entrepreneur Center.  22,000 square foot facility on Lake Eola in downtown Orlando, including state-of-the-art training rooms and a business information center.

Organization and Operation 1. Original Co-sponsorship Agreement for the Disney/SBA National Entrepreneur Center — signed in January First Amendment to Co-sponsorship Agreement — April 2003.

Actions Requested A. Approval of the Second Amendment to Cosponsorship Agreement for the Disney/SBA National Entrepreneur Center between Orange County, Florida, the U.S. Small Business Administration, Disney Worldwide Services, Inc., and The University of Central Florida. B. Approval of Amended and Restated Cosponsorship Agreement for the Disney/SBA National Entrepreneur Center between Orange County, Florida, Disney Worldwide Services, Inc., and The University of Central Florida.

Second Amendment to Co-sponsorship Agreement  Terminates SBA sponsorship.  Hires Executive Director reporting to Executive Board.  Set responsibilities of the Executive Director.

Amended and Restated Co-sponsorship Agreement  Replaces the original Co-sponsorship Agreement.  Identifies lead sponsors going forth: Orange County, UCF, and Disney Worldwide Services, Inc.  Changes name to Disney Entrepreneur Center.  Sets operational responsibilities of cosponsors.  Extends co-sponsorship support to 2010.

Jerry Ross Executive Director Disney Entrepreneur Center

Founding Partners Founding Partners Community Partners

Central Florida Means Business!  Top 10 for Entrepreneurs - Entrepreneur Magazine 10/99  Top 10 “Tech Cities” - EWeek Magazine 06/06  Top 10 “Best Geek Cities” - Wired Magazine 01/07  U.S 50 Hottest Cities - Expansion Management 02/07  #1 Hottest Job Market –Business 2.0 Magazine 05/07

Disney Entrepreneur Center A public/private partnership  Centralized Location for Business Support  Efficient, Effective, Convenient  Focal Point for Small Business  Synergy  Economy of Scale  Economic Development  ”Economic Gardening”  Coordination of Services  Coordination of Effort

Service Providers located at the Disney Entrepreneur Center  U.S. Department of Commerce  UCF Small Business Development Center  First Florida Capital Corporation  SCORE- Counselors to America’s Small Business  The Metro Orlando Urban League  The Hispanic Business Initiative Fund  The Black Business Initiative Fund  The UCF Technology Incubator  The Minority/Women’s Business Enterprise Alliance  African American Chamber of Commerce  Hispanic Chamber of Commerce

Service Provider Offerings:  Business Development  Seminars & Training  Business Counseling  Innovation Center  Library Resources  Meeting Facilities  Networking  Targeted Programs  Contractor Academy  Certification Programs  Incubator Programs  SOHO Loan Day  Strategic Planning

Service Provider Success UCF Small Business Development Center  2007 SBA Small Business of the Year- Florida  2004 SBA Small Business of the Year- Florida & S.E. Region  2004 International Economic Development Council Program of the Year – Advisory Board Council UCF Technology Incubator  2004 National Incubator of the Year - NBIA SCORE  2005 National Chapter of the Year  2006 Greater Orlando Business Ethics Award  2006 State of Florida is #2 in U.S. in total service contacts (11,335) in total service contacts (11,335)

Rod Vargas 2007 SBA Small Business of the Year State of Florida Sharad Mehta 2004 SBA Small Business of the Year State of Florida Southeast U.S.A. UCF Small Business Development Center Advisory Board Council

Disney Entrepreneur Center International attention National recognition Local impact A Public/Private Partnership at work! A Public/Private Partnership at work! Government / Education / Corporate / Community Government / Education / Corporate / Community

Actions Requested A. Approval of Second Amendment to Cosponsorship Agreement for the Disney/SBA National Entrepreneur Center between Orange County, Florida, the United States Small Business Development Administration, Disney Worldwide Services, Inc., and University of Central Florida. B. Approval of Amended and Restated Cosponsorship Agreement for the Disney/SBA National Entrepreneur Center between Orange County, Florida, Disney Worldwide Services, Inc., and University of Central Florida.