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Florida · Public charity

Florida Business Development Corp

Assist healthy, growing small businesses access capital via the sba 504, community advantage and direct loan programs.

$740k
Granted FY2025(still arriving)
9
Itemized grants FY2025
8
Organizations funded FY2024
13%
First-time grantees FY2024
Read the full brief
Itemized, FY2025
$535k
The rest is grants the schedule does not break out
Median grant, FY2025
$75,000
Largest grant, FY2025
$75,000
Organizations funded a year
3 to 8
FY2018 to FY2024
States reached, FY2025
3
Total assets, FY2025
$40M

How open it is to new grantees

In FY2024, 13% of the organizations Florida Business Development Corp funded were first-time grantees, receiving 13% of its grant dollars.

New vs renewed · share of each year

In FY2024, 88% of grant dollars renewed an existing relationship; $63k went to new ones.

50%100%’18’19’20’21’22’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’18’19’20’21’22’23’24
Community ImprovementEducationYouth DevelopmentEmploymentHuman ServicesOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2025still arriving9$535k33%
FY20248$500k13%
FY20237$599k29%
FY20226$450k50%
FY20213$260k0%
FY20203$200k0%
FY20196$216k83%
FY20188$220k88%
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.

Community Improvement$2.9MEmployment$75kEducation$60kHousing & Shelter$50kScience & Tech$31kYouth Development$10k

Top grantees

Largest recipients by total granted, FY2017 to FY2025, and the share of each one’s budget the grants supplied at peak.

Show all 23 grantees

Plus 1 recipient with no EIN on record ($25k), not named here.

Where it is load-bearing

Florida Business Development Corp supplied at least a quarter of the budget for 3 of its grantees at some point. The chart plots its 16 largest grantees; load-bearing ones sit top left.

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetThe Center for Technology Enterprise & Development Inc: $582,500 over 9y, 13% of budgetTampa Bay Innovation Hub Inc: $477,500 over 7y, 4.5% of budgetGreater Tampa Chamber of Commerce Foundation Inc: $337,500 over 4y, 8.9% of budgetEndeavor Atlanta Inc: $280,000 over 3y, 14% of budgetHispanic Business Initiative Fund Inc: $237,500 over 3y, 2.4% of budgetTampa Bay Wave Inc: $187,500 over 4y, 3.3% of budgetThe State College of Florida Foundation Inc: $137,500 over 2y, 0.8% of budgetArsenal Place Inc: $125,000 over 3y, 29% of budgetRollins College: $87,500 over 2y, 0.0% of budgetFoundation for Community Driven Innovation Inc: $75,000 over 1y, 33% of budgetWow Legacy Group: $50,200 over 1y, 26% of budgetInnovation Depot Inc: $25,000 over 1y, 0.7% of budgetHomestretch Inc: $25,000 over 1y, 2.0% of budgetRainbow Village Inc: $25,000 over 1y, 1.3% of budgetBoys & Girls Club of Tampa Bay Inc: $10,000 over 1y, 0.1% of budgetNational Association of Development Companies: $10,000 over 1y, 0.4% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 16.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Truist Foundation IncFL18.3× affinity7 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Truist Foundation Inc · Blue Cross Blue Shield of Florida Foundation · Vinik Family Foundation · Td Charitable Foundation · Charities Aid Foundation America · Jpmorgan Chase Foundation · The Bank of America Charitable Foundation Inc · Morgan Stanley Global Impact Funding Trust Inc · Natl Christian Charitable Fdn Inc · American Online Giving Foundation Inc · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Florida Business Development Corp with peer funders

About Florida Business Development Corp

How much does Florida Business Development Corp give?
Florida Business Development Corp reported 9 itemized grants totaling $535,000, out of $739,839 in total grant expense reported on the return in its FY2025 IRS filing. It funded between 3 and 8 organizations a year over FY2018 to FY2024.
What does Florida Business Development Corp fund?
By grant dollars over FY2017 to FY2025, its largest causes are Community Improvement (93%), Employment (2%), Education (2%).
Who are Florida Business Development Corp's largest grantees?
By total granted over FY2017 to FY2025: The Center for Technology Enterprise & Development Inc ($583k), Tampa Bay Innovation Hub Inc ($478k), Greater Tampa Chamber of Commerce Foundation Inc ($338k).
Does Florida Business Development Corp fund new organizations?
In FY2024, 13% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Florida Business Development Corp?
Its strongest co-funders, measured against what their size predicts, include Truist Foundation Inc, Blue Cross Blue Shield of Florida Foundation, Vinik Family Foundation.
Where is Florida Business Development Corp based?
Florida Business Development Corp is based in FL.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 24 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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