2015-2017 Community Report

2015 - 2017 community report contents

Message from the Chair & CEO 02 North Carolina 26 15 Mission, Vision & Values 04 Financial Summary 28 RE DEFINING SUCCESS Clients’ Circle 06 Donor Recognition 33 Our History 08 Services 39

Annual Funders 12 How Prospera assists 40 entrepreneurs Statewide Board of Directors 14 Who benefits from your 41 Regional Boards 16 investment in Prospera

45 Special Fundraising Events 19 Contact Information 172 1 message from the CHAIR & CEO

Prospera has now completed its 26th year Board of Directors, we developed a plan to In the Fall, we were thankful to make it through Experts estimate that by 2030 there will be a 30 of service, and what an eventful one it was. adjust our budget, structure and operations, Hurricanes Irma and Maria. Weeks later, we percent increase in Florida’s population, at which We began the fiscal year in the aftermath while minimizing the impact on our services, gathered to celebrate with our communities at time Hispanics will constitute not 20 but close of Hurricane Matthew, perhaps an omen of clients and program results. the 2017 Prospera Success Stories Luncheons. to 30 percent of the overall population, and 20 what would come later. We persisted in our We began serving entrepreneurs affected by percent of the population will be foreign-born. operational and fundraising efforts, celebrating Prospera’s employees, volunteers and providers both disasters, including business owners our 25-year economic impact, hosting the 2017 forged ahead with our mission. Amid our daily and aspiring entrepreneurs who relocated to We need your support and advocacy to Success Stories Luncheon in the West Coast, programs and services, we co-hosted a small Florida after Puerto Rico’s devastation. The continue delivering services, helping small the Give HBIF Day online campaign, and the business owner roundtable for our clients to need continues, and we remain committed business, advancing the Hispanic community 19th annual Don Quijote Awards. A few weeks speak with SBA Administrator Linda McMahon, to assisting individuals and families rebuilding and boosting the economy. Thank you for into the fiscal year, we adopted our new brand and carried out multi-week training academies their lives and businesses. helping us create a more thriving business and name, changing from Hispanic Business focused on contractors in Central Florida, and climate, increase household incomes and Initiative Fund of Florida to Prospera. technology for small business in the West Coast By the end of the fiscal year, we had provided reduce the gap in our community. and South Florida. individual consulting to 1,800 entrepreneurs Early in 2017, we held the 4th annual Tour and helped them create or retain a record We remain at your service, Latino, a great event that drew 600 athletes Halfway through 2017, thanks to the financial number of jobs: 4,162. to cycle in support of Prospera’s mission. We support of Bank of America and Wells Fargo, established a new partnership with the City Prospera established its first office outside of Prospera has been an example of a successful of Clearwater’s Business SPARK to serve Florida. After months of planning and periodic private-public partnership since 1991. We value Victor Rivera local entrepreneurs. A few months later, we service delivery in North Carolina, we partnered every donation received, your investments Statewide Board of Directors Chair learned that unfortunately the State of Florida with the Latin American Chamber of Commerce in our mission and Hispanic entrepreneurs. approved just 52 percent of the funds we of Charlotte to open an office at their facilities Research shows that Hispanics continue requested. We had to take a step back and and hired one full-time employee to launch and starting businesses at a significantly higher rate make some reductions to remain sustainable develop the North Carolina operation. than non-Hispanics, and we work to help those Augusto Sanabria despite the lost funds. With support from our businesses be more sustainable and long-lasting. President & CEO

2 3 INTEGRITY

Personal and professional integrity is our guiding value COMMUNITY in all that we do with honesty, loyalty and high ethical ACHIEVEMENT We are committed, optimistic, standards to deliver the best passionate and determined to service to our clients and improve our economy through yield the best results. We value results accomplished a foward-looking vision, positive through dedicated employees To strengthen the economy through atitudes, innovative approaches who strive for excellene to meet and practical solutions to the needs and expectations of quality business development and training empower Hispanic entrepreneurs our clients and stakeholders mission to Hispanic entrepreneurs. through education, guidance and and contribute to economic tools that help them achieve development. success and benefit the community overall.

organizational values To emphasize the power of economic opportunity TEAMWORK STEWARDSHIP and act as a catalyst for positive community To our clients who trust their We believe in cooperation, information and ideas to us; to our change by contributing to the growth and respect, and effective vision investors who believe in the work communication within our success of Hispanic-owned businesses. we do; to our volunteers who give organization and with our countless hours in assisting us to stakeholders, to enhance EMPATHY fulfill our mission. We continually our combined knowledge seek to maximize the impact of and perform as one highly We continually strive to contributions and use resources effective team. understand the needs of our responsibly and efficiently. clients, partners and sponsors. We appreciate the challenges that entrepreneurs experience in becoming business owners and leading their companies to success. 4 5 Innovative Attraction Management, LLC

Prospera services Consulting and access to capital The Prospera Clients’ Circle consists of Hispanic small business owners who have received Prospera services Year established business Website in the past to establish or expand their business, and who 2012 i-amllc.com make a significant financial contribution so Prospera can IAM, LLC serves the amusement park and recreation help more Hispanic entrepreneurs achieve their business industry through operations, management, consulting, ownership dream and create jobs in the community. and risk prevention expertise. Just four years after James started it, IAM had 50 full-time employees and between 50 and 1,000 subcontractors depending on THANK YOU for investing in our mission the time of the year. They have over 70 clients across the U.S. and in other countries, mostly for consulting clients’ and giving back so more entrepreneurs JAMES services, and a few full-service, hands-on management parks in Myrtle Beach, Trinidad, Las Vegas, and Oman. like you can benefit from our assistance! Their vision: ensuring the safety and enjoyment of HARHI families vacationing around the world. circle JAMES HARHI People go to a water park not to ride rides, but

Innovative Attraction Management LLC / JFH Technologies to make memories with their kids. Most people will

“ probably never know my name or know that it was MICHAEL & KARINA PASTRANA IAM or any of our employees, but our goal is that“ Happy Paws Pet Resort they bring their kids home every single time, have a great experience and came home safe. RUBEN & LAURA PEREZ Zaza New Cuban Diner / Perez of Florida

WindermerE, FL

6 7 1991 DATA FROM Established as Hispanic Business Initiative 25-YEAR ECONOMIC IMPACT STUDY 1991 Fund West Coast, Inc. in Tampa $1.5 BILLION IN TOTAL ECONOMIC OUTPUT 2016 1995 Established Hispanic Business Initiative Fund of Greater Orlando 26,937 x 2008 Impact on jobs Merged both to form HBIF of Florida, Inc. 13,949 = 2,250 the largest organization of its kind in Florida Unique clients consulted x

our 2011 x Opened South Florida office $579.8 Million $94.8 MILLION Impact on labor income Sum of loans marketed 2014 history = $118 M Began delivering services in more regions of Florida, including the Panhandle, Jacksonville, 15,299 Ft. Myers, Naples and West Palm Beach Jobs created or retained by clients $58.1 Million 2016 Impact on state and local tax revenues 25th anniversary ended with rebranding to = $11.62 M 46,810 Prospera and began exploring opportunities Prospera seminar participants ta million in sales $27.6 y ta million in propert $19.5 ta income $1.8 million in corporate beyond Florida 2017 Opened office in Charlotte, NC Economic analysis performed by: Impact study sponsored by:

8 9 ISSA Rehab Services Moonlighter Lounge Corp

Prospera services Prospera services Consulting, accounting assessment, business plan, Consulting, business plan, marketing plan, and marketing plan and corporate branding QuickBooks® training and implementation

Year established business Website Year established business Website 2006 issawellness.com 2014 moonlighter.co

Patricia and her husband Guillermo left their jobs Realizing that students of architecture in Miami and started their own business when their daughter was did not have access to expensive technology needed diagnosed with a special condition. Leveraging her to practice what they learned in class and carry out years of experience as a physical therapist, they their projects, Daisy and Tom established Moonlighter embarked on an entrepreneurial journey and established Lounge Corp to provide a place for professionals, ISSA Rehab Services, also known as Physical Therapy students, and anyone interested to engage in the Lymphatic & Wellness Center of Venice. The center manufacturing and 3-D design process. Equipped provides continuing, comprehensive health care for with 3-D printers, production models such as a CNC patients of all ages, from children to seniors. They mill, sewing machines, laser and vinyl cutters, and specialize in lymphatic treatments, wound care much more, the company provides a space for locals associated with Venus insufficiency; Pain Management to utilize the technology. Moonlighter provides by MYK Technique; Vestibular: Balance, Movement not only the machinery, they also offer classes Disorders; Kinesiotaping; Adaptive Tango; Massage and workshops regularly to sharpen design and Therapy and Acupuncture Therapy, and more! technical skills.

I read about Prospera in an article. We had started We are a makerspace, a shared coworking space “ the business but still had many doubts and things we “ for members who have access to digital fabrication were not familiar with. The business plan was extremely machines, where they can come and create their

helpful because it helped us understand our projections prototype for the next big idea. At Prospera we

accurately, and the assistance with our accounting had access to all these hours of consulting and tools

and financing made a big difference.“ Being able to fully we didn’t have before to help us start out. It was an Patricia de la Ossa & comprehend our finances made the biggest difference daisy nodal & incredible resource that really“ has changed our in our company’s success. business. This is such a new business; we’re basically guillermo saavedra tom pupo inventing the playbook. venice, FL Wynwood, miami, FL

10 11 ANNUAL FUNDERS

Investors’ Circle platinum sponsors regional sponsors

government media sponsors

12 13 OFFICERS Graciela Noriega Jacoby Sandra Gonzalez-Levy Thank you to these individuals Lourdes Mola DIRECTOR-AT-LARGE Florida International University who also served on Prospera’s Lourdes Mola Solutions Victor Rivera Orange County Government Board of Directors during HCCMO Representative CHAIR Cristina Ice the 2015/2016 and 2016/2017 fiscal years: Bank of America Augusto Sanabria J.P. Morgan Chase Chris Moya Prospera President/CEO Jones Walker, LLP Jan Aspuru Eddie Soler Lindsey Kimball

s director OUC - The Reliable One VICE CHAIR DIRECTORS Hillsborough County Thania Ríos Adventist Health Systems Miami Dade College Adriana Comellas-Macretti of Amy Mangan Cristina Abreu Duke Energy Retired James Harhi Nielsen Conrad Santiago SECRETARY Conrad Santiago & Associates Roymi Membiela Santiago Corrada IAM LLC / JFH Technologies Mercedes Angell with Ameriprise Financial Leon Medical Centers Tampa Bay & Co. Cushman & Wakefield Services, Inc. Lou Martínez Eric Muller TREASURER Boris Ayala John Díaz Pro-Ject International Ruggiero, Martinez & Norton, P.A. Fifth Third Bank Stellar Industrial Supply

Yovannie Rodriguez Freddy Balsera Blanca Bichara Juan Carlos Flores Marchena and Graham, P.A DIRECTOR-AT-LARGE Bichara & Hevia AT&T Balsera Communications

Armando Rodriguez-Feo s of director b oard tatewide oard b tatewide Sophie Coello Alex Glenn s

s Walt Disney Parks & Resorts U.S. Lilly González Florida Blue Duke Energy DIRECTOR-AT-LARGE Jose Sanchez Entravision Communications Delvis Diaz José González Wells Fargo Diaz Fritz Group past Anheuser-Busch Linda Landman Gonzalez Alexander Sueiro DIRECTOR-AT-LARGE Lori Duarte-Roberts Mark López PAAST Orlando Magic SunTrust AML Company 2017 - 2018 - 2018 2017

14 15 David Rodríguez Eddie Borrego Manuel C. Solis Alex Domínguez Maria del Carmen Ramos S S CENTRAL FLORIDA Enterprise Florida Jackson Health System The Alternative Board AT&T Shumaker Law John Martínez, CHAIR PNC Capital Market Mike Rodríguez Yvonne Boucugnani August B. Toscano Carlos Echeverry Lou Ann Robinson Orlando Magic Mercantil Bank Workplace Advisors, LLC PNC Retired Christina Pinto, PAST CHAIR MPC Wealth Management Marisol Romany Mike Hernández Filberto Valero Juan C. Gomez Paul Roldan Orlando Health Mercury Public Affairs BB&T PSHOT Allgen Financial Services John A. De Armas The Arbury Group Lisette Saint-Hilaire Luis Ortega Thank you to the following Kathy Hazelwood Renee Scott L. Ortega & Associates HCCMORepresentative iHeart Media individuals who also served BB&T State Farm as Regional Board members Margueritte Ramos Lily González Conrad Santiago between 2015 and 2017: Grace Maceda D L b oar REGIONA D L b oar REGIONA ShadeFLA Entravision Communications Conrad Santiago & Associates Helios Foundation with Ameriprise Financial Alicia Argis

Ralph Rosado Shriners Hospital Miguel Montero-Bordoy José Cerda Rosado & Associates 2017 2017 State Farm SOUTH FLORIDA New York Life Jeb Bush Jr. Helga Silva Jeb Bush & Associates Karla Muñiz Kimberly López María E. Cisneros, CHAIR WSCV-Channel 51 Florida Hospital, HCCMO Akerman LLP Cisneros Insurance Agency Marisol Casablanca Representative 2015 - 2017 - 2017 2015 WEST COAST OF FLORIDA PCNet/Corserva Peter López Odalis Martínez, PAST CHAIR Tim Paskert Esq.,Lowndes, Drosdick, Doster, Bank of America Kantor & Reed, P.A. Paola Fuentes, CHAIR Rafael Castro Estrella TV JPMorgan Chase Graystone Investment Group Marta Armas Juan Carlos Pinto Pedro Mendoza BB&T Wells Fargo Audra Aja James Cline Citibank United Data Technology Thais Asper City of Clearwater Héctor Pérez AT&T Jaime Piñero New York Life Poliana Junqueira Mónica Correa CenturyLink Wells Fargo Mozzaic Global

16 17 Integrative Health Care Institute

Prospera services Consulting, business plan, website and business seminars

Year established business Website 2014 drmaritzafuentes.com special fundraising events 2015 don Quijote Awards Seeking a change in the medical field, Dr. Maritza Fuentes was inspired by holistic practices. She complemented her medical degree with studies in nutrition and journalism, and a degree as coach of integrative medicine. The Integrative Health Care Institute brings natural and conventional medicine together in a holistic approach to treat and heal the mind, body and spirit. Dr. Fuentes strives to educate doctor and encourage people to live a healthier lifestyle. Her practice offers family and internal medicine, maritza endocrinology, acupuncture, homeopathy, massages, life coaching, psychology, hypnotherapy, nutrition, intravenous therapy with vitamins, minerals and fuentes antioxidants, and much more, what started as a small 2015 West Coast of florida success stories luncheon team is now an 18-staff operation.

A big influence in my philosophy were my dad and my mom; they said that food has to be your medicine. “ My daughter is my partner; when I talk to her about

the new things I want to do, she tells me if it’s

a good idea and supports me. Prospera helped me to analyze my “ business and the service we offer to the community with consulting, seminars and the new website.

CORAL GablEs, FL 2015 West Coast of florida success stories luncheon

18 19 2015 West Coast of florida success stories luncheon 2016 central florida success stories luncheon

2016 central florida success stories luncheon 2016 don Quijote Awards

20 21 2016 south florida success stories luncheon 2016 south florida success stories luncheon

2016 south florida success stories luncheon 2016 Tour Latino

22 23 2016 West coast of florida success stories luncheon 2017 Tour Latino

2016 West coast of florida success stories luncheon 2017 Tour Latino

24 25 ShadeFLA north carolina 35,000 Hispanic-Owned Firms Prospera services 64.5% increase from 2007-2012, vs. 1% for all businesses Consulting, marketing plan and corporate branding

Year established business Website 2005 shadefla.com 895,000 After 20 years of successful work on political Hispanic Population campaigns, Margueritte established ShadeFLA, 9% of total population a boutique awning company that offers products for protection from the sun that are also visually appealing. At first, she focused on design-forward 23.7% increase from 2010 - 2014 VS 4.14% for non - Hispanics tension sails and playground canopies, and eventually expanded to retractable sails, cabanas 2015 and canopies. With six full-time employees in Commissioned study carried out by Rollins College to explore needs addition to independent contractors, ShadeFLA’s and opportunities beyond Florida; Prospera’s Statewide Board approved products are found not only in hotels and parks expansion to North Carolina. across Florida, but also in Chicago, Birmingham, Aspen and the Hamptons. Internationally, ShadeFLA 2016 has a presence in parts of the Caribbean, such as

Bank of America sponsored initial exploratory visits and service the Bahamas, Aruba and the Virgin Islands.

delivery through business training seminars and individual consulting We branded ourselves, started a new website, and for local Hispanic entrepreneurs. “ “ have been marketing differently, and we have been 2017 seeing results. In May of this year, we had achieved Received funding from Wells Fargo, Bank of America and BB&T to continue the same sales level that we had the entire last year. service delivery based out of Charlotte, North Carolina; partnered with the Latin American Chamber of Commerce of Charlotte and opened first Prospera office outside of Florida; in mid-July Jose D. Alvarez was hired as Assistant VP for the North Carolina Region. margueritte ramos miami, FL

26 27 financial sUMMARY

ASSETS SUPPORT AND REVENUE Cash and cash equivalents $ 627,809 Grants $ 2,066,310

Investments $ 703,800 s ition Contributions $ 586,708 Accounts Receivable $ 49,346 Special event revenue, net $ 310,546 Grants and contributions receivable $ 555,434 Other income $ 32,341 Prepaid expenses and other assets $ 93,679 TOTAL ASSETS $ 2,995,905 Property and equipment, net $ 128,666 EXPENSES TOTAL ASSETS $ 2,158,734 Program services $ 2,279,955 LIABILITIES General and administrative $ 212,748 Accounts payable $ 49,294 Fundraising $ 477,834 v itie s of acti tatement Accrued expenses $ 223,551 TOTAL LIABILITIES $ 2,970,537 Deferred revenue $ 167,253 NET ASSETS TOTAL LIABILITIES $ 440,098

of financia l po tatement NET ASSETS - BEGINNING OF YEAR $ 1,693,268 NET ASSETS NET ASSETS - END OF YEAR $ 1,718,636 2015 - 2016 s - 2016 2015 Unrestricted $ 1,633,636 CHANGE IN NET ASSETS $ 25,368 Temporarily restricted $ 85,000 * These summarized financial statements are an excerpt from the TOTAL NET ASSETS $ 1,718,636 externally audited financial reports from BDO on which Prospera TOTAL LIABILITIES & NET ASSETS $ 2,158,734 received an unqualified opinion. 2015 - 2016 s - 2016 2015

28 29 financial sUMMARY

ASSETS SUPPORT AND REVENUE Cash and cash equivalents $ 962,595 Grants $ 1,964,984

Investments $ 523,263 s ition Contributions $ 637,756

Accounts Receivable $ 1,409 po Special event revenue, net $ 221,535 Grants and contributions receivable $ 385,500 Other income $ 6,639 Prepaid expenses and other assets $ 142,570 TOTAL ASSETS $ 2,830,914 Property and equipment, net $ 96,856 EXPENSES TOTAL ASSETS $ 2,112,193 financia l Program services $ 2,087,041 General and administrative $ 270,805 LIABILITIES of Accounts payable $ 63,020 Fundraising $ 572,560 v itie s of acti tatement Accrued expenses $ 120,028 TOTAL LIABILITIES $ 2,930,406 Deferred revenue $ 310,001 NET ASSETS TOTAL LIABILITIES $ 493,049

tatement NET ASSETS - BEGINNING OF YEAR $ 1,718,636 NET ASSETS NET ASSETS - END OF YEAR $ 1,619,144 2016 - 2017 s - 2017 2016 Unrestricted $ 1,484,144 CHANGE IN NET ASSETS - $ 99,492 Temporarily restricted $ 135,000 * These summarized financial statements are an excerpt from the TOTAL NET ASSETS $ 1,619,144 externally audited financial reports from BDO on which Prospera received an unqualified opinion.

TOTAL LIABILITIES & NET ASSETS $ 2,112,193 s - 2017 2016 * The decrease in net assets is a direct result of a program reimbursement agreement reduction. 30 31 Nebbia Technology

Prospera services Consulting, business plan, legal and accounting assessments, corporate branding and business seminars

Year established business Website 2014 nebbiatech.com

Esteban’s passion for technology started at a very young age. With his Bachelor’s Degree in computer engineering, he worked for 15 years in the field and then established his own company to provide the most effective solutions for his clients. When he approached Prospera, he wanted to get his business started but had many questions. Nebbia Technology thanks to the following contributors, Prospera is a software company specialized in DevOps with was able to provide 100% of its services during esteban a focus on Microsoft technologies. They have seven special full-time employees and three subcontractors, and the fiscal year to clients at no cost to them. garcía doubled their first-year sales in their second year, We are grateful for your investment in our

exceeding $1 million.

THANKS mission, community and economy. Prospera provides a unique service. They’re not going “ to start or build the business for you. They’re going to “ see what you’re good at and put you on the right path. 2015 - 2017 contributors

orlando, FL

32 33 $100,000 + $10,000 - $24,999 • Brown & Brown of Florida, Inc. • Popular Community Bank • City of Orlando • Anheuser Busch Foundation • CareerSource Central Florida • Reed Nissan • Miami-Dade County • Business & Leadership Institute • Chatter Buzz Media • Rosen Hotels & Resorts ting ting • Orange County • Charter Communications- • Cisneros Insurance Agency • Ruggiero, Martinez & Norton, P.A. • State of Florida Spectrum • Clean the World Foundation • SBDC at Florida International l i s l i s • Wells Fargo Foundation • City of Kissimmee • ClearPoint Credit Counseling University • Entravision-Univision Orlando Solutions • Suncoast Credit Union $75,000 - $99,999 • Fifth Third Bank • Commissioner Pete Clarke • Sysco Food Services of • Bank of America • Florida Power & Light Company • Consulado de Mexico en Orlando Central Florida • Hillsborough County • James Harhi • Continental National Bank • Telemundo Tampa • Mercantil Bank • Dominican Republic Tourism Board • The Pendás Law Firm, P.A. donor donor • Nemours Children’s Hospital Embrace Home Loans, Inc. • USAmeriBank $50,000 - $74,999 • • Duke Energy Foundation • SunTrust • Expo Event Solutions, Corp. • Valencia College • TD Charitable Foundation • Fairwinds Credit Union • Visit Orlando • Edyth Bush Charitable • Universal Orlando • First Bank • Vizcaino Zommerfeld, LLP Foundation, Inc. • Florida Dairy Farmers • Walgreens • Florida Hospital Medical Center $5,000 - $9,999 • Foundation for Seminole State • Weiss, Alden & Polo, P.A • Walt Disney Parks & Resorts • Ameriprise Financial College • Wyndham Worldwide • AT&T Florida • Fulcro Insurance Corporation $40,000 - $49,999 • Banco Popular Foundation, Inc. • Garzor Insurance 2015 - 2016 - 2016 2015 2015 - 2016 - 2016 2015 • Florida Blue • BB&T • Girl Scouts of Citrus Council In-Kind $10,000 + • Kissimmee/Osceola County • Nielsen • Harbor Community Bank • El Osceola Star Chamber of Commerce • PNC Bank • Heart of Florida United Way • La Prensa • Rollins College • Impact Industrial Supplies • Univision $25,000 - $39,999 • T&G Construction • Innovative Attraction Management • CenturyLink Communications • Tupperware Corporation • Kidsville Pediatrics, P.A. • Conrad Santiago and Associates • University of Central Florida • Kings Service Solutions with Ameriprice Financial • Walmart - Miami • L. Ortega & Associates of • Fields BMW Tampa Bay • JPMorgan Chase $1,000 - $4,999 • Marchena & Graham PA • Orlando Health • Albu and Associates • McGladrey, LLP • Orlando Magic • AML Company, LLC • Nebbia Technology • OUC - The Reliable One • Baptist Health South Florida • Oasis Outsourcing • Barry University School of Law • Orange Cycle

34 35 $100,000 • Bank of the Ozarks $1,000 - $4,999 Tampa Bay • Wyndham Worldwide • City of Orlando • Business and Leadership • ADP • Leonard Tannenbaum Corporation • Florida Blue Institute for Early Learning • Advanced Physical Medicine Foundation • Zors, LLC ting • Miami-Dade County • CenturyLink Communications • Aerotek ting • Lowndes, Drosdick, Doster, • Orange County • Charter Communications • Allgen Financial Services Kantor & Reed In-Kind $10,000 + l i s • State of Florida • Consulado de Mexico • Balsera Communications l i s • MasTec • Art & Sounds Orlando Inc. • Wells Fargo Foundation en Orlando • Banco Popular Foundation • Mexican Consulate in Miami • El Osceola Star • Entravision-Univision Orlando • Bank United • Nebbia Technology • Entravision $75,000 - $99,999 • FPL • Baptist Health South Florida • Orange Cycle • Florida Blue • Bank of America • JP Morgan Chase Foundation • Bichara & Hevia PA • Paychex • iHeart Media • Hillsborough County • Mercantil Bank • Carlos J. Gurreonero • Perez of Florida / Zaza New • La Prensa donor • Northwestern Mutual • Carrousel Therapy Center donor Cuban Diner $50,000 - $74,999 • Orlando Magic • Cisneros Insurance Agency • PNC Bank • Duke Energy Foundation • Regions Bank • City of Orlando • Puerto Rican Physician • Florida Hospital • SunTrust Foundation • Clean the World Foundation Association • Seminole County • TD Charitable Foundation • ClearPoint Credit Counseling • RC Howard and Associates • Walt Disney Parks & Resorts • Fields BMW Solutions • Rollins College • Universal Orlando • Dominican Republic Tourism Board • Rosen Hotels & Resorts $40,000 - $49,999 • Edelman • Ruggiero, Martinez & Norton • Kissimmee/Osceola County $5,000 - $9,999 2016 - 2017 - 2017 2016 • F3 Mobileasing Inc. - 2017 2016 • SBDC at Florida International Chamber of Commerce • Pinellas County • Florida Community Bank • University • BB&T • Foundation for Seminole • ShuffieldLowman $25,000 - $39,999 • Darden Restaurants State College • City of Clearwater • Fifth Third Bank • Shumaker, Loop & Kendrick • Girl Scouts of Citrus Council • City of Miami • Marchena & Graham PA • Southern Region Advertising • Heart of Florida United Way • Conrad Santiago and • Nemours Children’s Hospital Council • Happy Paws Pet Resort Associates with Ameriprise • Nielsen • State Farm Insurance • Hispanic Family Counseling Financial • The Nascar Foundation • Sysco Food Services of Central • Hispanic Professional Women’s • Orlando Health • Tupperware Corporation • Florida • OUC - The Reliable One • United Data Technologies Association • T&G Construction • University of Central Florida • James Harhi • Telemundo Orlando $10,000 - $24,999 • USAmeriBank • Janet E. Martinez • Transpremier • Anheuser Busch Foundation • UM Health • Klerigi • Vera & Frometa, PA • AT&T • Walmart Miami • L. Ortega and Associates of • Weiss, Alden & Polo, PA

36 37 Paola’s Beauty Boutique business seminars Prospera services Seminars, workshops and specialized trainings offered Consulting, accounting assessment, business plan, in Spanish corporate branding, website and digital marketing

Year established business Website 2009 paolabeautyboutique.com business consulting Individual business development consulting, minority After gaining more than 10 years of experience in the certification support and referrals to additional resources beauty industry, Paola established a full-service skin and body salon that offers a range of treatments, including skin analysis and facials. She wanted to business grants work on something she was passionate about and Subcontracted projects paid by Prospera for experts to attain a work-life balance to raise her daughter. assist clients with: Prospera helped me build a solid foundation to PAOLA have a stable and productive business in the U.S. • Legal Assessment “ The accounting assessment helped me understand • Accounting Assessment

CRUZ tax laws and the importance of clear business records. They helped me understand the strengths • Business Plan

and weaknesses of my business and my competitors, • QuickBooks® Dedicated Consulting “ services which helped me develop more effective marketing • Marketing & Sales Plan strategies. They helped me establish a relationship • Branding Kit with my banker, which has given me excellent support.

access to capital Assistance with information, guidance, business plan creation, loan application, preparation and businsess concept presentation

TAMPA, FL

38 39 how prospera assists entrepreneurs who benefits from your investment in prospera

Business Seminars Business Consulting Hispanic Entrepreneurs Non-Profit &P hilantropic Sector Year-round seminars in Spanish that offer In-house consultants are an extension of Prospera invests resources to guide an In helping individuals prosper and training on critical topics for starting and client’s teams, providing individual assistance assist Hispanic entrepreneurs, fostering increase their wealth by investing expanding businesses in the U.S. and customized support to identify the establishment and development of community resources in their businesses, opportunities and overcome challenges more sustainable, successful businesses Prospera increases their capacity and Business Grants in the existing or prospective business. and creating jobs. motivation to give back by volunteering Subcontracted professional services, and donating to community - based organizations. vetted ands paid by Prospera, delivered Access to Capital Small Businesses by an authorized network of expert, Guidance and assistance throughout Prospera increases the likelihood of success local business. the process of obtaining traditional and and reduces the failure rate of small Government micro-loans, including business plan creation, businesses - both the clients it serves, Prospera helps meet minority populations Advice from Professional Volunteers loan application, preparation and business and the small businesses it subcontracts, needs, supports small businesses development, Experts from various industries serve as presentation. constantly referring potential clients to mitigates unemployment, generates advisors on volunteer committees, provide them and increasing their revenues. tax revenue, reduces the cost of creating jobs and guides private investment for input to business consultants, and offer Exposure business creation and development. recommendations for clients continued Economic development partners as well Large Businesses success. as private and public sector sponsors learn Prospera develops small businesses about your business through Prospera. that eventually grow into large Community-at-large and Economy Qualified Referrals businesses, or become clients and Prospera helps preserve existing jobs vendors of large corporations. and create new ones, fostering economic Ongoing referrals to community partners Key Contacts development and wellbeing for the overall for additional resources, tools and experts, Meet fellow small business owners, learn from community. such as other economic development their experience and meet influential business Families organizations and chambers. and community leaders. In helping entrepreneurs achieve success, Prospera increases their household income, enhancing the welbing and prosperity of families.

40 41 Luvarel Caregiver Solutions Natural Esthetics

Prospera services Prospera services Consulting, legal and accounting assessments, Consulting, business plan, accounting assessment, business plan, corporate branding and business seminars corporate branding, website and business seminars

Year established business Website Year established business Website 2014 luvarel.com 1984 naturalesthetics.net

A certified Nursing Assistant, Ceci Cáceres worked Santiago Cabrera received a technician certification at an independent living facility for years before and developed his career in the dental field. After devoting herself to one family for nine years. After years of working in labs, he branched out and started her client’s passing, she decided to use her talents his own business to provide clients with a product to care for other individuals. Luvarel provides a that made them happy. He is committed to constantly unique service to improve the quality of life of innovating his business and products, knowing that seniors and people living with disabilities by giving for his clients to receive the best quality products, he them personalized, one-on-one care to make them needs to have the latest technology. Today, Santiago cecilia feelcomfortable, loved and respected. Today, Luvarel santiago and his son Jimmy co-own and run the business and has over 40 employees. employ six highly skilled technicians. They specialize cáceres cabrera in providing top quality restorations and all crown and When you believe in yourself, others will believe in bridge applications, including ceramics and implants.

you. Prospera helped me a lot to make my business Guided by their new business plan, they now use the “ “ what it is today, but also as family and friends. If latest digital equipment, Cadcam technology. I hadn’t gone to Prospera, it would have been much harder. Prospera helped us with things that by ourselves we would not have been able to accomplish. They helped

“ us quite a bit in many different ways. Now I count on

them not just for their grants, but for their workshops. You need to do something that inspires you and gets“ you going. In particular I get motivated when a client tells us they are really happy with our product.

orlando, FL tampa, FL

42 43 more about our services contact information statewide impact fy 2016 - 2017 Main Offices

CENTRAL FLORIDA NORTH CAROLINA National Entrepreneur Center Latin American Chamber of 4,162 Orlando Fashion Square Mall Commerce of Charlotte Jobs created / retained 3201 East Colonial Drive, Suite A20 145 C Scaleybark Rd. Orlando, FL 32803 Charlotte, FL 28209 407-428-5872 980-729-8273 $12,650,783 [email protected] [email protected] Loans marketed for clients

33% others SOUTH FLORIDA ADMINISTRATIVE OFFICES Miami Free Zone, Doral National Entrepreneur Center 1,806 2315 NW 107th Avenue, Office #1M17 Orlando Fashion Square Mall Clients provided business consulting (Mail Box #15) 3201 East Colonial Drive, Suite A20 Miami, FL 33172 Orlando, FL 32803 786-329-5830 407-413-8564

17% rico puerto [email protected] [email protected] vene z uela 16%

4,620 15% colombia Business seminar participants WEST COAST OF FLORIDA • Website: www.prosperausa.org

cuba 10% Westshore Corporate Center • Facebook: Prospera USA 600 N. Westshore Blvd. Suite 1050 • Twitter: @ProsperaUSA 5% me x ico

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