| Local CEO Honored At White House |
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| Waymon Armstrong on the grounds of the White House. |
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Orlando’s own Waymon Armstrong, president and CEO of Engineering & Computer Simulations, Inc. (ECS), was recognized by President Barack Obama as the National Small Business Person of the Year in Washington, D.C. this week. Armstrong received the top award given during the U.S. Small Business Administration’s annual celebration of National Small Business Week on Thursday. He was then invited to the White House for additional recognition from the President.
"Waymon's commitment to his employees and to his business demonstrates the qualities that make small businesses such a powerful force for job creation in the American economy and in their local communities," said Karen Mills, Administrator of the U.S. Small Business Administration. "It's the same qualities that will lead us to economic recovery.”
ECS is a software development and solutions company that uses cutting edge technology to help government and private clients prepare for natural disasters, medical emergencies, and times of war. Armstrong started the company in 1997 through the University of Central Florida (UCF) Incubation Program. Today ECS employs close to 50 and has been recognized for corporate growth and innovation by Inc. 500, Deloitte Fast 500 and Washington Technology Fast 50, as well as receiving Florida’s IT Florida award in 2008. CEO Armstrong was also recently named Florida’s Small Business Person of the Year and was a finalist for Ernst and Young’s Entrepreneur of the Year Award in 2007 and 2009.
Sincere congrats to Waymon Armstrong, who is also an involved and dedicated EDC supporter. Click here to hear him explain why he chooses to do business in Metro Orlando. |
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| "Survey Says!" |
City of Orlando Commissioners voted unanimously this week to approve an economic development funding agreement between the City of Orlando and Wanderlust Productions, Inc., production company of record for Family Feud! City funding will be matched by the Orlando/Orange County Convention & Visitors Bureau, making this the first ever joint program designed to attract a television show to Orlando. Through this agreement, Family Feud will bring the taping of 168 episodes of the popular game show, now starring Steve Harvey, to Universal Studios Orlando. The City/CVB agreement is based on a similar program the EDC's Metro Orlando Film & Entertainment Commission developed to lure multi-year television content to shoot at Universal. |
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| Film Professionals …On Your Mark, Get Set, Apply! |
The film industry nationwide is abuzz with news of the State of Florida’s recently passed Film and Entertainment Incentive. Although Governor Crist's signature is required before the fund goes into effect on July 1, the Governor has already signaled his strong support.
To promote use and significance of this fund, the EDC's Metro Orlando Film & Entertainment Commission teamed with Women in Film & Television Florida (WIFT) to co-host a “Business of Entertainment” symposium this week at The Plaza Theater in downtown Orlando. The day-long event attracted close to 100 film and entertainment industry representatives.
The EDC’s own Suzy Spang, vice president of entertainment and technology, served on a panel discussing the Florida tax incentive. Panel members agreed that this revamped incentive program is great news, allowing Florida to compete on a more level playing field with states offering higher incentives.
Click here to watch Suzy describe how the new incentive is a “game changer” for film and entertainment in the State of Florida.
Incentive Program Materials Available Online
Florida Entertainment Industry Financial Incentive Program materials are now available at: http://www.filminflorida.com/ifi/incentives.asp.
For more information, a teleconference will be hosted by the Governor's Office of Film & Entertainment as follows:
Incentive Teleconference Call Information
Date: June 2, 2010
Time: 1:00pm EST - 2:30pm EST
Call in number: 1.888.808.6959
Conference code: 4104765 |
The purpose of the call is to provide an overview of the program, point out differences from the previous program, provide information about the application process, and respond to pre-submitted questions.
High caller volume is anticipated. We recommend that you review online materials prior to the call and submit questions by close of business on Tuesday, June 1st via email to: film.incentive@myflorida.com.
Note: Incentive applications will be accepted no earlier than 12:00 p.m. EST on Wednesday, June 9th. |
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In
This Issue |
May 28, 2010 |
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Contact
Info: p.
407.422.7159 |
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| Aug 26 |
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EDC
New Investor Reception |
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8:30
- 9:45 a.m. |
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EDC
Offices - Capital Plaza II
Downtown Orlando |
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RSVP: Jacquelyn Pannell |
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• Florida ranks among the top 10 U.S. states for entrepreneurial activity according to the Kauffman Index. Read more>>
• Just in time for Memorial Day, the Central Florida Veterans Memorial Park Foundation unveiled plans for a Veterans Memorial Park to be built at the Orlando VA Medical Center at Lake Nona's "Medical City". The memorial will honor approximately 1,100 Veterans from Orange, Lake, Brevard, Osceola, Seminole and Volusia counties who made the ultimate sacrifice and never returned. Read more >>
• The City of Orlando’s Downtown Information Center, located at 201 S. Orange Avenue on the corner of Orange Avenue and Church Street, offers two free tours that allow visitors and residents alike to explore the city's history and progress. The Skyline Tour offers a 360-degree aerial view of Downtown and the entire Central Florida horizon from the 16th floor of the Plaza Building. Information is also available to turn the free Lymmo Bus ride into a personally guided tour of the heart of Orlando's Downtown district. And coming soon is a tour of the new Dr. Philips Performing Arts Center.
The Downtown Information Center is open from 9 a.m. to 5 p.m., Monday through Friday. Contact Char at 407.254.4636/INFO to schedule a tour or for more information.
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Nominations
are being accepted for the 2010 Governor's
Business Diversification Awards.
This is a statewide program that recognizes
Florida companies in emerging and high-technology
industries for their contributions to Florida's
economic diversification and growth. Nominations
are due by June 25, 2010 at 5:00 p.m. Learn
More >> |
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| Applications Available: New Federal Medical Grant Program |
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The Obama administration recently announced the Qualifying Therapeutic Discovery Tax Credit, a new Federal grant/tax credit program for businesses with up to 250 employees aimed at improving health and reducing costs. Congress has appropriated $1 billion for this initiative, in which businesses developing drugs, biologics, diagnostics, medical devices, and other products can receive up to $5 million dollars in grants and tax credits. Specifically, businesses may receive funding for projects or investments that have a potential to result in new therapies or reduce healthcare costs.
The National Institutes of Health will review the applicants and take into consideration the project's potential to create and sustain quality, high-paying jobs and advance U.S. competitiveness in biological and medical sciences. First round applications will be made available by June 2.
For more information contact Eric Ushkowitz, 407.422.7159 x241. |
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