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Florida Business Development Corp at a glance

· 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 FY2025still arriving
9
Grants FY2025still arriving
3
States reached
$75k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
01What it funds
01100% 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
02FY2025 · 9 grants

Where the money goes

Grants by size, and the largest recipients.

How this is measured
The 9 grants below total $535,000, the rows itemized in this filing. The $739,839 headline is the total grant expense on the return; the other $204,839 is giving the schedule does not break out (grants under the $5,000 itemization floor, grants to individuals, grants on other schedules). Every figure below describes the itemized rows only.

By grant size · FY2025

  • $10k–50k2 grants · $35k
  • $50k–250k7 grants · $500k
$75,000
Median grant
3
States reached
$40M
Total assets
Largest grants
RecipientAmount
NORTH PINELLAS ADVOCATES OF RACIAL EQUALITY INC$75,000
TAMPA BAY INNOVATION HUB INC$75,000
FOUNDATION OF COMMUNITY DRIVEN INNOVATION INC$75,000
STATE COLLEGE OF FLORIDA FOUNDATION$75,000
GREATER TAMPA CHAMBER OF COMMERCE FOUNDATION INC$75,000
HISPANIC BUSINESS INITIATIVE FUND INC$75,000
ARSENAL PLANCE INC$50,000
THE CENTER FOR TECHNOLOGY ENTERPRISE & DEVELOPMENT INC$25,000
NATIONAL ASSOCIATION OF DEVELOPMENT COMPANIES$10,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY22–22, $50k) land where the poverty rate runs at 13%, against an area that typically sits at 10%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 10%WOW LEGARCY GROUP INC: $50k → 13%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

85%of every dollar goes to organizations it has funded before.
$2.6M · 10 repeat orgs$476k to everyone else

Grantees it renews have grown median revenue +28% since the first grant, against 0% for those funded once.

10 repeat relationships: 6 still active in FY2025, 4 since wound down; 3 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

10
11

Total granted

$2.6M
$316k

Median revenue growth · since first grant

+28%
0%

Still filing today

90%
55%

New vs renewed · share of each year

In FY2025, 70% of grant dollars renewed an existing relationship; $160k went to new ones.

50%100%’17’18’19’20’21’22’23’24’25
RenewedFirst-time

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

’17’18’19’20’21’22’23’24’25
Community ImprovementEducationYouth DevelopmentHousing & ShelterHuman ServicesEmploymentOther
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.

Backed again, and grew

  • TC
    THE CENTER FOR TECHNOLOGY ENTERPRISE & DEVELOPMENT INC
    9× · 2017–2025 · $583k · revenue +159%
  • GT
    GREATER TAMPA CHAMBER OF COMMERCE FOUNDATION INC
    4× · 2022–2025 · $338k · revenue +28%
  • TB
    TAMPA BAY WAVE INC
    4× · 2018–2024 · $188k · revenue +310%

Funded once

  • WL
    WOW LEGACY GROUP
    one grant, 2022 · $50k · revenue -42% · 26% of their budget
  • YE
    YOUNG ENTREPRENEURS OF ATLANTA
    one grant, 2022 · $50k
  • BO
    BOARD OF THE UNIVERSITY OF ALABAMA
    one grant, 2019 · $31k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Endeavor Miami Inc

Endeavor miami inc's mission is to lead the movement to catalyze long-term economic growth by selecting, mentoring, and accelerating the best high impact entrepreneurs in the south florida region. high-impact entrepreneurs are individuals…

Community Improvement
2
Miami-Dade Innovation Authority Inc

Miami-dade innovation authority bridges the gap between private innovators and the public sector to fast track innovation that improves quality of life for miamians.

Science & Tech
3
Tampa Bay Business Investment Inc

Providing financial assistance in the form of loans or guarantees to new and developing minority owned businesses

—
4
Emerging Technology Centers Inc

To foster a transformative community of tech-savvy, innovative, entrepenurial people looking for creative collaboration to accelerate their growth potential and make powerful economic impact on the City of Baltimore and beyond.

Community Improvement
5
Southside Business Technology Center Inc (Dba the Launch Place)

The launch place (tlp), a venture development organization located in danville, va and in the research triangle park, nc. the launch place invests in innovative start-ups in virginia and north carolina with a potential to create economic…

Community Improvement
6
Tampa Hillsborough Economic Development Corporation

To develop and sustain a thriving local economy by focusing on the attraction, expansion and retention of high wage jobs and capital investment.

Community Improvement
7
Traverse City Center of Entrepreneurship

To cultivate a thriving and connected startup ecosystem in nw lower michigan.

—
8
Tampa Bay Economic Prosperity Foundation Inc

The organization will conduct scientific research on a variety of social welfare issues facing the tampa metropolitan area. the research will focus on understanding the needs of local businesses and industries in the tampa area, as well as…

Human Services
9
Greater St Petersburg Area Economic Development Corporation

The greater st. petersburg area economic development corporation("edc") is the "storyteller in chief" for st. petersburg as a business and career location. we connect businesses with the people and programs that will help them grow.

Community Improvement
10
St Petersburg Innovation District Inc

The mission of the St. Petersburg Innovation District is to develop St. Petersburg into an environment that fosters job growth, economic development, learning and inspiration by bringing innovative people and organizations together. Our…

Community Improvement
11
Womens Center for Economic Opportunity

Our mission is to elevate & empower under-resourced business owners, leaders and innovators with pathways to the capital customers, contracts and connections needed to become financially secure

Education
12
Star-Tec Enterprises Inc

Based on a business canvas model, the incubator program consista of an eight week progrm to help crestors and tech startups launch their idea. this programhas more than 250 graduates since its inception.

Community Improvement
How this is measured
The grantee most central to the portfolio’s shape is Tampa Bay Wave Inc; the most unlike its peers is Arsenal Place Inc. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

21 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 21 of the 24 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

3
Load-bearing (≥25% of a budget)
5
Early backer (in before they grew)
18/21
Grantees still filing
9/21
Grew since first funded

Where the money sits, by cause and then by grantee

THE CENTER FOR TECHNOLOGY ENTERPRISE & DEVELOPMENT INC: $582,500 · Community ImprovementTHE CENTER FOR TECHNOLOGY ENTERPRISE & DEVELOPMENT INCEndeavor Atlanta Inc: $280,000 · Community ImprovementEndeavor Atlanta IncHISPANIC BUSINESS INITIATIVE FUND INC: $237,500 · Community ImprovementHISPANIC BUSINESS INITIATIVE FUND INCTAMPA BAY WAVE INC: $187,500 · Community ImprovementTAMPA BAY WAVE INCSOARING CITY P INC: $161,500 · Community ImprovementSOARING CITY P INCFOUNDATION FOR COMMUNITY DRIVEN INNOVATION INC: $75,000 · Community Improvement+1 more: $25,000 · Community ImprovementTAMPA BAY INNOVATION HUB INC: $477,500 · EducationTAMPA BAY INNOVATION HUB INCGREATER TAMPA CHAMBER OF COMMERCE FOUNDATION INC: $337,500 · EducationGREATER TAMPA CHAMBER OF COMMERCE FOUN…The State College of Florida Foundation Inc: $137,500 · EducationThe State College of Florida Foundatio…ROLLINS COLLEGE: $87,500 · EducationROLLINS COLLEGEBOARD OF THE UNIVERSITY OF ALABAMA: $30,800 · OtherInnovation Depot Inc: $25,000 · OtherTHE CEL INC: $25,000 · OtherHOMESTRETCH INC: $25,000 · OtherAUBURN HIGH SCHOOL: $25,000 · OtherLEE-RUSSELL COUNCIL OF GOVERMENTS: $25,000 · OtherNational Association of Development Companies: $10,000 · OtherArsenal Place Inc: $125,000 · EmploymentNORTH PINELLAS ADVOCATES FOR RACIAL EQUITY (NPARE): $75,000 · Civil RightsYOUNG ENTREPRENEURS OF ATLANTA: $50,000 · Youth DevelopmentBOYS & GIRLS CLUB OF TAMPA BAY INC: $10,000 · Youth DevelopmentWOW LEGACY GROUP: $50,200 · Human ServicesRAINBOW VILLAGE INC: $25,000 · Housing & Shelter
Community Improvement$1,549,000Education$1,040,000Other$165,800Employment$125,000Civil Rights$75,000Youth Development$60,000Human Services$50,200Housing & Shelter$25,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

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
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

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 IncBlue Cross Blue Shiel…Vinik Family Foundati…Td Charitable Foundat…Charities Aid Foundat…Jpmorgan Chase Founda…The Bank of America C…Morgan Stanley Global…Natl Christian Charit…American Online Givin…Donor Advised Charita…Fidelity Investments …
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.

How much its grantees rely on government

Each dot is one organization Florida Business Development Corp funds: left to right is the share of its income from government, bottom to top the share from Florida Business Development Corp. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 40%6%25%56%100%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →median 58%
  • Tampa Bay Wave Inc: 100% of income from government
  • Tampa Bay Innovation Hub Inc: 58% of income from government
  • The Center for Technology Enterprise & Development Inc: 14% of income from government
  • Rollins College: 0% of income from government
no gov moneyreceives it· size = income
4get no government money at all
7report government grants on their 990 we could not trace to a source (not plotted)
2rely on government for over half their income
typical government reliance, FY20–25
How this is measured
Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

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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More from the funding graph

The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home