1. BLACK BUSINESS INVESTMENT FUND Presentation to the Orange County Board of Commissioners Tuesday, August 17, 2010

2. BLACK BUSINESS INVESTMENT FUND Who We Are… Investment Corporation Central Florida’s Premier Non-Traditional Lender - specializing in providing loans to minority & small businesses Created out of Florida Statue 288.7 (1985 Florida Small and Minority Business Act) Regulated Office of Comptroller of Currency and the Auditor General Certified by: OTTED Black Business Investment Corporation (BBIC) U.S. Department of Treasury Community Development Financial Institution (CDFI) Community Development Enterprise (CDE) BBIF is an Economic engine for Orange County

3. BLACK BUSINESS INVESTMENT FUND Our Partners

4. BLACK BUSINESS INVESTMENT FUND What We Do… Access to Capital Black Business Loan Fund Economic Gardening Loan Fund Technical Assistance Orientation One on One Staff Counseling Business Owners Roundtable Networking Annual Business Networking Event Business Opportunities Business Opportunity Functions (Quarterly) Special Community Meetings Core Services

5. BLACK BUSINESS INVESTMENT FUND Our Approach...

6. BLACK BUSINESS INVESTMENT FUND BBIF increased its capital in 2009… Provides loans to qualified stage 2 businesses Revenues of $1 million - $25 million 10 – 50 employees Loan amounts are: $50,000 - $250,000 BBIF’s services have expanded $8.5 million in additional loan capital

7. BLACK BUSINESS INVESTMENT FUND Access To Capital Business Working Capital: Business lines of credit - Contract & A/R financing - Equipment financing $4.5 million loan fund - established in 1988 provides loans to qualified stage 1 Black-owned businesses (established a minimum of 2 years). Loan amount are: $10,000 - $100,000. $8.5 million loan fund - established in 2009, provides loans to qualified stage 2 businesses (established a minimum of 2 years, revenues of $1 million - $25 million and 10 – 50 employees.). This fund is race neural; it is available to any race business owner). Loan amounts are: $50,000 - $250,000.

8. BLACK BUSINESS INVESTMENT FUND Support of the BBIF provides a excellent return to Orange County… BBIF provides a 1000% return back to the county Impacts property taxes & sales taxes directly BBIF is an Economic engine for the County A direct result of client business revenues

9. BLACK BUSINESS INVESTMENT FUND BBIF’S TAX REVENUE IMPACT Customer Jobs/Households 284 Customer Avg. Salaries $52,495 ORANGE COUNTY Property Taxes = $1,192,800 Sales Taxes = $969,058 $2,161,858 BBIF’s returns the dollars to the County 10x

10. BLACK BUSINESS INVESTMENT FUND We are requesting support… Issue: Strong demand from the business community Resolve: BBIF has raised additional capital $1 million in additional loan capital – 2010

11. BLACK BUSINESS INVESTMENT FUND Access To Capital Business Working Capital: Business lines of credit - Contract & A/R financing - Equipment financing $1.05 million loan fund To start October 2010 To provide loans to stage 0 & 1 businesses Loan amounts are: $5,000 - $35,000 NEW, starts October 1, 2010

12. BLACK BUSINESS INVESTMENT FUND BBIF’S ECONOMIC IMPACT Oct. 1, 2009 - June 2010 * U.S. DOC Regional Industrial Multiplier 1:1.6767 * MCP @ UCF 1/1.89 $74,093,925 Customer Revenues $29,537,474 Customer Jobs 284 Customer Loans $3,347,262 ORANGE COUNTY Customer Avg. Salaries $52,495

13. BLACK BUSINESS INVESTMENT FUND BBIF’S TOTAL ECONOMIC IMPACT Oct. 1, 2009 - June 2010 * U.S. DOC Regional Industrial Multiplier 1:1.6767 * MCP @ UCF 1/1.89 $264,036,759 Customer Revenues $120,974,202 Customer Jobs 855 Customer Loans $7,650,316 Customer Avg. Salaries $44,076

14. BLACK BUSINESS INVESTMENT FUND RL 2010 BBIF Annual & Professional Networking Event Held May 2010 Over 400 attendees Several Orange County Clients either participated or in attendance Networking & Opportunity

15. BLACK BUSINESS INVESTMENT FUND Business Opportunity Luncheons B.O.S.S. Events SBDC Events GOAA Events FMSDC Events UCF Events OTTED Small Business Opportunity Forum BBIC President Meetings OCPS Events DEC Events Several BBIF hosted events held at the DEC training room facilities annually Networking & Opportunity

16. The Renaissance at Carver Square A 293,706 Sq. Ft. 11-Story Mixed Use Development 320 Seat Multi-use Theatre 17 Residential Units Restaurants Retail Shops 60,000 Sq. Ft of Commercial/Office Spaces Small Business Institute 302 Space Parking Garage Located At The Corners of Parramore and Church

17. BLACK BUSINESS INVESTMENT FUND RL Orange County Client RL Burns, Inc. Business Info City: Orlando, FL County: Orange District: 6 Years in business: 15+ Number of employees: 8 Service(s): BBLF; TA Specializes in pre-construction design-build, new building construction, renovation, facilities maintenance, and post construction services for commercial and multi-family construction projects in the State of Florida Client Spotlight Bob Burns President RL Burns, Inc.

18. BLACK BUSINESS INVESTMENT FUND RL Orange County Client P&G Mechanical, Inc. Business Info City: Winter Garden, FL County: Orange District: 1 Years in business: 13+ Number of employees: 11 Service(s): BBLF; TA Air conditioning and plumbing All phases of the air conditioning and plumbing industry including the residential, multi-family, commercial and service markets. Services include: Hydronic piping systems installation, Sheet metal and fiberglass duct installation, Services and maintenance of HVAC systems, Plumbing installation, Installation of piping systems and ductwork, Design/build HVAC systems, Commercial and residential service. Client Spotlight Floyd Perkins President P&G Mechanical, Inc.

19. BLACK BUSINESS INVESTMENT FUND RL Orange County Client Tecport Optics, Inc. Business Info City: Orlando, FL County: Orange District: 4 Years in business: 12+ Number of employees: 12 Service(s): EGLF; TA Manufacturer of top quality thin film vacuum deposition systems. Sophisticated systems employ leading edge technology such as high density plasma, achieving coating characteristic that has never been seen before. Tecport serves high tech industries such as semiconductor, precision optics, alternative energy (solar cell), LED, flat panel display, imaging and telecommunication. Client Spotlight Joseph Kim Executive Vice President Tecport Optics, Inc.

20. BLACK BUSINESS INVESTMENT FUND RL Orange County Client GPC Maintenance Systems, Inc. Business Info City: Orlando, FL County: Orange District: 3 Years in business: 10+ Number of employees: 8 Service(s): BBLF; TA Client Spotlight Bert Geathers President GPC Maintenance Systems, Inc. GPC provides pressure washing and industrial cleaning services to private and public entities. Clients include Walgreens, Florida Turnpike Enterprise and the Orlando Orange County Expressway Authority

21. BLACK BUSINESS INVESTMENT FUND RL Orange County Clients District 3 Business Info City: Orlando, FL County: Orange District: 3 Service(s): BBLF; TA Client Spotlight Robbi Stiell Owner MXY, LLC Sam Butler President USE, Inc. Michelle Johnson President Celeste MIchelle Jewels, LLC. USE Inc. is a security service provider for airports nationally as well as staffing services. USE is an 8A Certified contractor. USE has been in business for over 16 years. MYX LLC. is a new ‘green’ cafe concept specializing in unique beverages with an environmentally friendly focus. Celeste Michelle Jewels LLC. is new fashion/costume jewelry designer and wholesaler. The company designs, produces and sells trend jewelry to better department and specialty stores across North America & Europe.

22. BLACK BUSINESS INVESTMENT FUND RL Orange County Client Page One Consultants, Inc. Business Info City: Orlando, FL County: Orange District: 4 Years in business: 16+ Number of employees: 19 Service(s): EGLF; TA An engineering firm that provides Construction Engineering and Inspection Services (CEI), Consulting, Building Engineering Inspection, Construction Material Testing (CMT), Threshold and Welding Inspection Services, Building Inspection Services, Environmental Services, Geotechnical Services and Program/Construction Management. Client Spotlight Sheryl Page President Page One Consultants, Inc.

23. BLACK BUSINESS INVESTMENT FUND RL Orange County Client BFA Environmental, Inc. Business Info City: Orlando, FL County: Orange District: 3 Years in business: 16+ Number of employees: 19 Service(s): BBLF; EGLF; TA An environmental engineering and hydrogeological consulting firm, established in 1994 to help meet the growing need for environmental consultants. Client Spotlight Patrick Barnes President BFA Environmental, Inc.

24. BLACK BUSINESS INVESTMENT FUND RL Orange County Client Progressive System Solutions, Inc. Business Info City: Orlando, FL County: Orange District: 2 Years in business: 16+ Number of employees: 19 Service(s): EGLF; TA A full service IT consulting firm dedicated to helping Central Florida business do better. PSS provides a full range of integrated solutions including accounting and finance, project accounting, manufacturing, networking, internet security, programming, application training and ongoing customer support. PSS can work in conjunction with existing IT staff or provide complete IT services, based on their client's requirements. Progressive System Solutions is a Microsoft Gold Certified Partner and ISV Solution Provider. Client Spotlight Carolyn Jasiulewicz President PSS, Inc.

25. BLACK BUSINESS INVESTMENT FUND RL Orange County Client ACE Construction Management Business Info City: Orlando, FL County: Orange District: 5 Years in business: 10+ Number of employees: 3 Service(s): TA ACE Construction Management is a local firm that specializes in project and other construction management services. BBIF Technical Assistance client and ACE President JaJa Wade is the Chairman of the Orange County Pine Hills Redevelopment Task Force. Client Spotlight JaJa Wade President ACE Construction Management

26. BLACK BUSINESS INVESTMENT FUND RL Orange County Client Protean Design Group, Inc. Business Info City: Orlando, FL County: Orange District: 3 Years in business: 23+ Number of employees: 13 Service(s): TA A multi-disciplined civil engineering consulting firm founded on the principal that diversity, ingenuity and forward-thinking ideas will make a greater impact on business success. The way PDG thinks and approaches every project makes their organization stand apart from traditional engineering firms. PDG has brought together the finest minds in Civil Engineering, with expertise in Transportation, Site Development, Traffic and Lighting. PDG is not an ordinary engineering company, they are one of the most innovative design firms working to set the trends of the future. Client Spotlight Kimberly Horlander President Protean Design Group, Inc.

27. BLACK BUSINESS INVESTMENT FUND RL Orange County Client BASE Consultants, P.A. Business Info City: Orlando, FL County: Orange District: 5 Years in business: 3+ Number of employees: 5 Service(s): TA Structural engineering and parking consulting firm Specialize in services for architectural, transportation, environmental, recreational, municipal and educational facilities Client Spotlight Saila Alath President Base Consultants, P.A.

28. BLACK BUSINESS INVESTMENT FUND RL Orange County Client A.D.S Welding, P.A. Business Info City: Orlando, FL County: Orange District: 6 Years in business: 14+ Number of employees: 8 Service(s): BBLF A welding company Specializes in SIP (stay in place metal) Rebar bridge work Client Spotlight Anthony Sylvester President A.D.S Welding, Inc.

29. BLACK BUSINESS INVESTMENT FUND RL Orange County Client CELECTSYS, INC. Business Info City: Orlando, FL County: Orange District: 3 Years in business: 16+ Number of employees: 10 Service(s): BBLF Electrical contracting New construction – industrial & commercial buildings Upgrading of existing electrical systems Emergency power improvement Lighting for sports fields Underground utilities Client Spotlight Errol Greenidge President

30. BLACK BUSINESS INVESTMENT FUND We ask for your support of our funding request. Thank You! BBIF Central Florida 315 E Robinson Street, Suite 660 Orlando, FL 32801 P: 407.649.4780 F: 407.648.8688