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36 <br /> • Fiber optic availability for non-residential development as appropriate <br /> • Approximately 60% of allocated funds will be used for debt service annually for <br /> the next 10 years <br /> Collaborative Outreach 1.5% $15,000 - $20,000 <br /> • Marketing and prospect recruitment, including trade shows targeted to specific <br /> business clusters <br /> • Collaborative development projects with municipal partners <br /> • Industry Appreciation events allowing Orange County industries the <br /> opportunity to network with other businesses and local and state officials <br /> • Development of a Local "Economic Health" Summit, providing a regular update <br /> of the County's Economic Development programs and provide an assessment <br /> of the County's economic health <br /> Collateral Materials 1.5% $20,000 <br /> • Creation of materials inventory to support marketing efforts, both in <br /> cooperation with our municipal partners and stand-alone materials <br /> • Update Orange County Economic Development's online presence <br /> Innovation Space 5-10% $75,000 - $125,000 <br /> • Foster the local growth of university-affiliated entrepreneurs <br /> • Support transition from university to private sector, such as providing lease <br /> subsidies <br /> • Work with municipal and/or university partners to identify specific areas of <br /> targeted assistance <br /> Agriculture Economic 2-20% $25,000 - $250,000 <br /> Development <br /> • Provide limited capital support to PFAP for processing equipment that can add <br /> value to Orange County farm products <br /> • Provide support to local farmers to strengthen their product marketing and <br /> promotion <br /> • Continue to develop support network for new farmers <br /> • Provide assistance for food entrepreneurs that have graduated from PFAP <br /> Business Investment Grant 8% 1 $100,000 <br /> • Facilitate marketing Orange County to prospective businesses <br /> • Client support for site preparation, relocation assistance, or site investigations <br /> • Competitive pursuit of targeted projects <br /> Small Business Loan 0-16% Up to $200,000 for the first <br /> Program few years <br /> • Start-up capital and expansion funds for Orange County small businesses <br /> • Collaborate with local economic development partners (municipalities, <br /> chambers of commerce) to extend the program's reach <br /> Establishment of 501c (4) 12-16% Up to $200,000 for several <br /> entity years <br /> Explore the feasibility of creating public-private stand-alone economic develop <br /> entity <br /> On November 16, 2011 the Orange County Board of Elections certified to the Board of County <br /> Commissioners that, in said advisory referendum held on November 8, 2011, 10,749 ballots <br /> (60.68%) were cast FOR and 6,965 ballots (39.32%) AGAINST the levy of the additional one- <br /> quarter cent (1/40) County Sales and Use tax in the County. <br />