Enterprise Florida Board Executive Committee
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Enterprise Florida
Board Executive Committee
Minutes of a Regular Meeting of the
Executive Committee of Enterprise Florida
A regular meeting of the Enterprise Florida, Inc. Executive Committee was held on December 7,
2021 at the Rosen Centre Hotel in Orlando, Florida.
Members Participating
Vice Chair Holly Borgmann Jeff Hendry
Brian Curtin Nick Miceli
Barbara Essenwine Sonya Montgomery
Sonya Deen Hartley (via Zoom) Crystal Stiles for Eric Silagy
Welcome and Roll Call
Vice Chair Holly Borgmann called the meeting to order at 4:47 p.m. and welcomed everyone. The roll was called
and a quorum was confirmed.
Approval of Minutes
Nick Miceli made a motion to approve the minutes of the September 28, 2021 and November 12, 2021
meetings. Barbara Essenwine seconded. The motion carried.
Leader Liaison Reports
Florida Sports Foundation
Angela Suggs, President & CEO of the Florida Sports Foundation, reported that quarter one concluded with
$1,739,858 in financial support for 61 sporting competitions and events resulting in $216 million in economic
impact and the creation of 4,600 jobs while hosting 395,000 visitors to the state. The 30th edition of the Florida
Senior Games kicked off this week with more than 1,700 athletes competing in 21 sports.
Business Development and Marketing
Crystal Stiles, Senior Director of Economic Development for FP&L, reported that there have been 36.9 million
media impressions since July. The Built for Opportunity campaign which highlights business success stories
throughout Florida has generated 92 million impressions since launching in September. The Business
Development team continues to work on a strong pipeline of 368 active projects. Fiscal year to date, there have
been 21 successful relocations and expansions with 7,687 new to Florida jobs.
International Trade & Development
Brian Curtin, BRPH President & CEO, reported that the October international trade results were strong. It will
be a busy year of in-person reemergence with Medica, METS and the Dubai Air Show already this fiscal year
and Arab Health in January, the Singapore Air Show in February and the Farnborough Air Show in July as well
as Export Sales Missions to Egypt and Panama. SEUS Japan will be held in Florida this year in November.
Minority and Small Business
Sonya Montgomery, President & CEO of the Desoto Group, reported that the MaSBEC program focused on
establishing a solid foundation during its first year. Year two will build on that momentum including another Boot
Camp series. The division will sponsor the Inaugural Black Chamber Day at the Capitol on January 31 and
February 1. MaSBEC seeks to enter into memorandums of understanding with strategic partners and
stakeholders including the Florida SBC, the Florida Office of Supplier Diversity, the Florida Association of Black
Chambers and the Hispanic Chamber of Commerce.
Enterprise Florida Board Executive Committee Meeting Minutes | December 7, 2021 Page 1Enterprise Florida
Board Executive Committee
Innovation & Business Talent
Barbara Essenwine, Owner of The Above and Beyond Company, reported that the committee heard a
presentation on the Martin County REACH Center for Aviation at the meeting earlier in the day along with an
update from the director of the Executive Office of the Governor’s REACH Office.
Audit
Nick Miceli, Regional President of TD Bank, reported that the committee discussed the RFP for auditing
services. Six firms submitted proposals, of which two were selected as finalists. The committee discussed the
pros and cons of going with a new firm and the price difference between the two. The committee recommended
renewal of the contract with Cherry Bekaert for an additional three years.
Finance & Compensation
David Rogers, Enterprise Florida Executive Vice President, reported that the Enterprise Florida leadership is
focusing on the staff members by working to provide leadership, collaboration and redundancy. They will be
moving away from the traditional performance evaluation process to one that Florida Blue shared. Internal
promotions are being emphasized, where practical, with 20 staff members promoted since August. Daisy
Dovale, Enterprise Florida Vice President of Finance & Accounting and Controller, reported on the first quarter
financials which were in line with what was expected.
Military & Defense
Terry McCaffrey, Enterprise Florida Vice President of Military & Defense, reported that the Florida Defense
Alliance and the Florida Defense Support Task Force met in November. The Task Force is working on two
upcoming projects – Department of Defense education scoring for Florida schools and ways to improve as well
as resiliency projects around installations and where the state can help. Efforts are also continuing to gain two
KC-46 squadrons at MacDill and to gain Star Command and Space Command. A draft of the economic impact
study has been completed and will be finalized in January.
Stakeholders Council
Jeff Hendry, Chair of the Stakeholders Council, reported that the meeting earlier that day included an update on
Team Florida events, the need for more outreach on the state and local levels, discussions on local and regional
wins and case studies, challenges faced with the need for more shovel-ready infrastructure and investment in
sites as the time intervals for projects are speeding up.
Florida Opportunity Fund
Meredith Pelton, Executive Director of the Florida Opportunity Fund, reported that the fund will ensure that
Florida is open for tech and startup business by responsibly deploying the $130 million portfolio of assets,
building a network of portfolio company leaders and being a good contributor to Florida’s technology and startup
ecosystem. The fund currently has 40 separate investments across the Fund of Funds, Clean Energy/Clean
Tech and Venture Capital, 31 of which are direct investments The fund is in the process of hiring a new
investment manager.
Public Comment
There was no public comment.
Proposed Consent Agenda Items
Vice Chair Borgmann presented the items on the consent agenda and reminded board members that they may
not vote on any item where there is a conflict of interest.
I. Renewal of Existing Investors
• AT&T • Boston Holding
• Becker • Wells Fargo
Enterprise Florida Board Executive Committee Meeting Minutes | December 7, 2021 Page 2Enterprise Florida
Board Executive Committee
II. New Board Investor
• RCE/My Doctors Live
III. New Board Appointees
• Senator Jim Boyd
• Rodney Cruise, Embry-Riddle Aeronautical University
• Troy Link, Link Snacks, Inc.
IV. New Board Designee
• James Cummaro, RCE/My Doctors Live
V. Executive Committee Signing Resolution
New Business
Fiscal Year 2021/2022 Budget Amendment
Vice Chair Borgmann explained that a budget amendment is being proposed, using reserve money from the
decrease in travel and event costs due to the pandemic, in the amount of $1.1 million to go to marketing and $5
million each to Orlando and Miami to support the needs related to hosting the FIFA World Cup Tournament.
Discussion of Acting President/CEO and 90-Day Search Process
Vice Chair Bormann reported that since Secretary Jamal Sowell stepped down, the Governor’s office will
conduct a national search for a new President & DEO over the next 90 days. A resolution was put forward for
Deputy Secretary Marc Adler to be appointed as the President of Enterprise Florida and serve as Secretary of
Commerce in the interim.
Crystal Stiles made a motion to approve the consent agenda, budget amendments and resolution. Barbara
Essenwine seconded. The motion carried.
Adjournment
Vice Chair Borgmann adjourned the meeting at 5:32 p.m.
Enterprise Florida Board Executive Committee Meeting Minutes | December 7, 2021 Page 3DocuSign Envelope ID: E8DEDB70-7CAC-48ED-B1A8-AAAAA7EEECDD
RESOLUTION OF THE
EXECUTIVE COMMITTEE
ENTERPRISE FLORIDA, INC.
WHEREAS, Enterprise Florida, Inc. (“EFI”) acts as the economic development
organization for the state of Florida, utilizing private sector and public
sector expertise to promote and attract economic development in Florida;
WHEREAS, the position of EFI President/CEO, also known as, Florida’s Secretary of
Commerce is currently vacant due to the resignation of Jamal Sowell on
October 15, 2021;
WHEREAS, the President/CEO is the chief administrative and operational officer of the
EFI Board of Directors (“Board”) and has overall responsibility for
establishing staff polices, engaging the services of outside professionals and
otherwise attending to the day to day operation of EFI and carrying out the
instructions of the Board;
WHEREAS, EFI has established an Executive Committee pursuant to section
288.9015(2)(g), Florida Statutes, with the authority to act on behalf of the
Board in all areas lawfully delegated to it by the Board and authority not
assigned by the Board may be ratified by the Board at its next meeting;
WHEREAS, due to the vacancy in the position of President/CEO, the Executive
Committee desires to delegate purchasing and contracting authority to a
senior-level EFI employee to ensure that EFI’s mission continues
uninterrupted while the search for a permanent President/CEO is
conducted;
NOW THEREFORE, in accordance with its powers and duties vested by the laws of the
State of Florida, and the EFI Board of Directors, the EFI Executive
Committee hereby adopts the following:
RESOLVED: That,
1. The EFI President/CEO’s authority to lawfully enter into agreements on
behalf of EFI and in accordance with the authority granted to the
President/CEO under EFI’s Purchasing and Contracts Policy, effective
October 7, 2021, is hereby delegated to EFI Deputy Secretary of Commerce;
2. Deputy Secretary of Commerce is fully authorized to exercise contracting
and purchasing authority on behalf of the EFI Board of Directors and to
delegate such authority to other EFI staff as currently provided for in
existing EFI policies.
Approved by the Enterprise Florida, Inc.
Executive Committee as of the _____ day of
November 2021. 11/12/2021
_________________________________________
Holly Borgmann
Vice Chairman, Enterprise Florida, Inc.You can also read
