September 22, 2008 - Brevard Business News
Transcription
September 22, 2008 - Brevard Business News
BBN Vol. 26 No. 38 Brevard September 22, 2008 Business News A Weekly Space Coast Business Magazine Former Marine, author James Dicks is keynoter for Veterans Conference By Ken Datzman James Dicks, who served in the U.S. Marine Corp. in the 1990s and went on to become an author and successful entrepreneur, will headline the eighth annual Brevard Community College Small Business Development Center’s Veterans Conference. The event will be held on Tuesday, Sept. 23, at the Maxwell C. King Center for the Performing Arts on the BCC campus in Melbourne. The program is scheduled from 8 a.m. to noon and will feature a full slate of speakers, including local experts. The registration fee is $52 (includes breakfast). To register, visit www.bcctraining.com or call 433–5570. Networking opportunities and exhibits also will be available at the conference, which is sponsored by The Veterans Business Outreach Center at BCC, the Economic Development Commission of Florida’s Space Coast, The Boeing Co., Northrop Grumman, United Space Alliance, and the Small Business Development Center. A resident of greater Orlando, Dicks’ presentation is titled “Operation Financial Freedom.” His motivational speech “hopes to enlighten fellow veterans, servicemen, and businessowners” on the benefits and financial freedom in owning a company, said Vicky Peake, director of the Small Business Development Center at BCC in Melbourne. “With the economy being in a state of flux and the lack of job opportunities for returning veterans and veterans in general, we thought this would be a very timely topic,” she said. “Joellen Moore of United Space Alliance and Deborah Melvin of The Boeing Co. had the opportunity to meet with Dicks. They say he’s a fantastic speaker.” Dicks served as a Marine from 1994 to 1997, and was honorably discharged. Today, he is president of Premiere Trade LLC. His 288–page hardcover book, “Operation Financial Freedom,” is published by McGraw–Hill. It has sold more than 365,000 copies on amazon.com. The back cover of the Please see Veterans Conference, page 19 BBN photo — Adrienne B. Roth Vicky Peake is director of the SBDC at BCC in Melbourne. Her organization puts on the annual Veterans Conference. The event is geared to help military veterans learn about entrepreneurship and the government resources that are available to them. Mike Hogan of Orlando founded Road Warrior, a firm that helps veterans start mobile–service businesses. He is a client of the SBDC. How Ginnie Mae differs from Fannie, Freddie By Kathleen Pender Scripps Howard Service investors. Ginnie Mae insures the bond, for a fee. But it doesn’t own any bonds itself. As time goes on, “the bank collects mortgage payments from borrowers and passes payments to Ginnie Mae, which passes them through to investors,” says Ginnie Mae spokeswoman Terry Carr. If a borrower defaults, the bank can foreclose and collect from FHA or VA. But the bank is responsible for making the pass–through payments whether or not the borrower pays. “If the bank can’t make all or part of the pass–through payment, Ginnie Mae makes sure that bondholders continue to get their promised payments,” Carr adds, If loans default and FHA or VA Please see Ginnie, page 16 PRESORTED STANDARD US POSTAGE PAID BREVARD BUSINESS NEWS, INC. With all the activity surrounding Fannie Mae and Freddie Mac, some investors are wondering whether they should be worried about their Ginnie Mae funds. Ginnie Mae is a government–owned corporation that guarantees bonds backed by home mortgages that have been guaranteed by a government agency, mainly the Federal Housing Administration and the Veterans Administration. Ginnie Mae–insured bonds have always had the explicit backing of the federal government. However, Fannie and Freddie have become so big and important that everyone assumed that if they ran into trouble, the government would back them up. The housing bill signed by President Bush last week appears to do just that. Here’s a look at what Ginnie Mae does: A borrower goes to a bank and asks for a loan. If he qualifies, he might be offered a loan guaranteed by the FHA. The FHA was created, long before subprime loans became widely available, to help borrowers who couldn’t get conventional home loans because they had low credit scores or limited resources. A bank or other institution bundles a group of FHA mortgages and sells a bond backed by mortgages in the pool to BBN DIGEST g n i k a t u o y e r a Where ny? Andretti your compa With conference facilities and plenty of fun www.andrettithrillpark.com pick up BBN activities, Andretti Thrill Park is the perfect place to host 9-1-08meeting, company your next company outing. From a corporate page 12 Thrill Park can picnic or celebration of a job well done, Andretti make your event a memorable one. No matter if you have 5 employees or 500, we can accommodate your group, you can even reserve the whole park for your company to ensure that everyone has a great time. For more information or to make reservations, call us at (321) 956-6706. For reservation information call (321) 956-6706 • 3960 S. Babcock St. Melbourne, FL 32901 Two Brevard teachers named finalists for excellence award VIERA –Two Brevard elementary science teachers have been named Florida finalists for the Presidential Award for Excellence in Mathematics and Science Teaching (PAEMST). Michelle Ferro, of West Melbourne Elementary School for Science, and Wendy Shelden, of Ralph Williams Jr. Elementary School, will be recognized as two of the three Florida finalists at the Florida Association of Science Teachers (FAST) Conference in October. The three Florida finalists’ applications will be reviewed by a national selection panel and one will be selected as the Florida national finalist. The Florida national finalist will be announced in the spring and then will be honored at an awards ceremony for all state finalists. “It is highly unusual for two teachers from the same county to be Florida finalists and this may be a first,” said Ed Short, elementary science resource teacher for Brevard Public Schools. The PAEMST is the highest recognition that a kindergarten through 12th–grade mathematics or science teacher may receive for outstanding teaching in the United States. “Ms. Ferro is one of those rare, dedicated professionals who expands her impact beyond her classroom,” said Principal Tom Westermeyer. “She is a great science teacher but also models enthusiasm to staff and parents. In 25 years as a principal, she is the best science teacher I’ve ever had the privilege to work with.” Awardees serve as models for their colleagues, inspiration to their communities, and leaders in the improvement of mathematics and science education. Ferro and Shelden are also members of Brevard’s Elementary Science Leadership and Training Cadre. “Ms. Shelden is extremely creative and highly committed to teaching science and integrating math into her daily lessons,” said Principal Cynthia Ford. “She goes out of her way to bring in hands–on projects to foster learning. Her students are enthused about being in her class and consistently show academic growth.” LaRusso appointed to League of Cities Artemis pick up BBN 9-15-08 page 2 ERA pick up BBN 9-08-08 page 19 Chapman & Mold,Inc. Inc. C.J. SalesTool of Florida, All Volumes, Custom Injection Molding Plastic Molding Metal Components Mold Making Overlays ISO 9001 : 2000 Certified Chris G. Bethune Account Specialist Robert Chapman 352-754-9979 www.Chapman-Mold.com [email protected] www.cjsales-florida.com [email protected] 352-362-8541 BREVARD BUSINESS NEWS / 2 Carmine Priore, president of the Florida League of Cities, has appointed Melbourne District 2 City Councilman Mark LaRusso to the Florida League of Cities Finance and Taxation Legislative Policy Committee. The committee will deliberate financial and taxation issues concerning cities for the upcoming 2009 Legislative Session. The committee meets four times before the Legislative Session in Tallahassee. “It is an honor to be appointed to this very important position during these fiscally challenging times across the state,” said LaRusso. “The citizens of Melbourne can count on me to honor their concerns and carry the message for lower taxes and sensible government spending by working closely with our representatives to Tallahassee.” The Florida League of Cities was founded in 1922 as a means of uniting municipalities throughout the state. Since then, the Florida League of Cities has become the largest municipal league of its kind in the United States. LaRusso began his term as council member in 2004 and was re–elected in 2006. His current term extends until November 2010. Call Adrienne Roth at 321-951-7777 or visit BrevardBusinessNews.com for Advertising Information SEPTEMBER 22, 2008 BBN DIGEST Two HRMC staff members receive FHA ‘Hero’ awards ROCKLEDGE — Two members of Health First’s Holmes Regional Medical Center staff have been presented with “Hospital Hero” awards by the Florida Hospital Association. Carol Garrett, trauma quality improvement analyst, and Bonnie Rudolph, chief nursing officer, are the only Brevard County recipients of the prestigious FHA awards. Garrett began her nursing career when Dwight Eisenhower was president. She has spent half a century blazing a trail in her field. Garrett worked for NASA in the 1960s on the first manned space flights of the Mercury Program. She has also served as a paramedic and volunteered with the Harbor City Volunteer Ambulance Squad. Garrett later taught classes and was a clinical instructor for paramedic students at HRMC in Melbourne. She was one of the first nurses to take Advanced Cardiac Life Support training and later became an ACLS instructor. Garrett was also the “first nurse at HRMC to ever defibrillate a patient.” Rudolph recently traveled to Peru to help victims of last year’s earthquakes there. She oversees more than 1,300 nurses at both HRMC and Health First’s Palm Bay Community Hospital, as well as 25 nursing units. She was awarded the Governor’s “Point of Light” award for “helping hundreds of oxygen– dependent, paralyzed, and disabled residents in Brevard County following the hurricanes of 2004.” When Rudolph is not helping someone, she is instructing others on how to help others. She teaches in the master’s of health–care administration program at the University of St. Francis and also serves as an adviser to the University of Central Florida School of Nursing. Rudolph has been a key cog in establishing education programs for the nursing staff at Health First hospitals. Finally, Rudolph is active in several community agencies whose mission is to help developmentally challenged individuals. FHA’s “Hospital Hero” award recognizes the best hospital employees across the state of Florida. The program spotlights their “heroic on–the–job actions, or exceptional talent and dedication.” The two HRMC nurses will be formally presented their awards during a ceremony in Orlando in October. Area students receive scholarship money Seven area students have received $12,000 in scholarship money from the Rotary Club of Indialantic. “Every year a portion of the money raised from our annual ‘Moon River, Music and Magic’ goes toward our scholarship program and each year the selection process gets harder and harder,” said Jay Anderson, education committee co–chair. “The students this year were all 3.9 or 4.0 grade–point average scholars with exceptional poise and an impressive thirst for knowledge.” The students and family members were invited to attend a Rotary luncheon held at the Eau Gallie Yacht Club in Indian Harbour Beach. The winning students are: Jessica Pollack, Satellite High School; Linda Yue, Satellite High; Caroline Roller, Satellite High; Erinn Murry, Satellite High; Ian Dawley, Melbourne High; Sally Mac Donald, Melbourne High; and Jason Panzarino, Melbourne High. SEPTEMBER 22, 2008 Meet Award Winning Jewelry Designer, Mark Schneider One of the most recognized Wesche Jewelers American designers of our time. Friday and Saturday new ad emailed September 19 and 20 FULL COLOR Event Hours: 10am – 6pm See his collection of beautiful bridal sets and contemporary colored gemstone jewelry. Make an appointment to meet one-on-one with Mark Schneider and together you’ll design a special piece which will be created just for you! 8145 N. Wickham Road (321) 254-5441 Call Adrienne Roth at 321-951-7777 or visit BrevardBusinessNews.com for Advertising Information www.weschejewelers.com BREVARD BUSINESS NEWS / 3 BBN EDITORIAL Study indicates gene therapy for blindness improves vision By John Pastor All three people who received gene therapy at the University of Florida to treat a rare, incurable form of blindness have regained some of their vision, according to a paper published online in Human Gene Therapy. The patients — one woman and two men ranging from 21 to 24 years old with a type of hereditary blindness called Leber congenital amaurosis type 2 — volunteered to test the safety of an experimental gene– transfer technique in a phase 1 clinical research study conducted by UF and the University of Pennsylvania with support from the National Eye Institute of the National Institutes of Health. In this form of LCA disease, photoreceptor cells cannot respond to light because a gene called RPE65 does not properly produce a protein necessary for healthy vision. In the study, researchers used an adeno–associated virus — an apparently harmless virus that already exists in most people — to deliver RPE65 to a small area of the retina. Not only were there no ill effects other than routine postsurgical soreness, the subjects said the vision in their treated eyes was slightly improved in dim lighting conditions. BBN Brevard Business News 4300 Fortune Place, Suite D West Melbourne, FL 32904 (321) 951-7777 fax (321) 951-4444 (email) [email protected] PUBLISHER Adrienne B. Roth EDITOR Ken Datzman OFFICE MANAGER Frank Schiffmann Brevard Business News is published every Monday by Brevard Business News Inc. Bulk Rate postage is paid at Melbourne, FL and Cocoa, FL. This publication serves business executives in Brevard County. It reports on news, trends and ideas of interest to industry, trade, agribusiness, finance, health care, high technology and commerce. Letters to the Editor must include the writer’s signature and printed or typed name, full address and telephone number. Brevard Business News reserves the right to edit all letters. Send your letters to: Editor, Brevard Business News, 4300 Fortune Place, Suite D, West Melbourne, FL, 32904. Subscription Rates for home or office mail delivery are $26.00 for one year (52 issues). Send all address changes to: Circulation Department, Brevard Business News, 4300 Fortune Place, Suite D, West Melbourne, FL, 32904. BREVARD BUSINESS NEWS / 4 “The patients report seeing brighter areas and perhaps some images, but basically the message is that this is treatment is fully safe,” said William W. Hauswirth, a professor of ophthalmology and member of UF’s Powell Gene Therapy Center and the UF Genetics Institute. “One thing we did not do is suppress the patients’ immune systems, which was done in two other LCA clinical trials that were under way,” said Hauswirth, who began studying the adeno–associated virus as a vehicle to deliver genes into living animals more than 30 years ago. “Theoretically, the idea was that it might be necessary to suppress the immune system because we are using a vector that might activate the body’s defenses and cause a harmful response. However, immune suppression itself carries a risk of infections and other problems. Clearly we have shown there is no need to do that in this case.” Dr. Samuel Jacobson, a professor of ophthalmology with the Scheie Eye Institute at the University of Pennsylvania, is the study’s principal investigator. “This groundbreaking gene therapy trial builds on 15 years of research sponsored by the National Eye Institute of NIH,” said Dr. Paul Sieving, director of the NEI. “The study has partially restored vision in three young adults, and it demonstrates that gene therapy can be effective in treating human vision disease. Many human diseases are inherited in families and result from mutations in single genes. These genetic conditions are particularly suited to potential treatment by gene therapy. This trial to treat vision loss from the condition of Leber congenital amaurosis is an important demonstration of proof of principle and shows that we are on the right track. We can now invest in further work to refine, and ultimately to expand, genetic treatment approaches.” Results published today focus on the health of the entire retina, not just the tiny portion that received the gene therapy. A detailed examination of the therapy’s effectiveness in the treated portion of the eye will appear in an upcoming issue of the Proceedings of the National Academy of Sciences. Two other recent LCA clinical trial reports appeared recently in “The New England Journal of Medicine.” “The safety study itself is a milestone, but when we see a benefit to the subject — that is a truly a welcome bonus,” said Dr. Barry Byrne, a professor of molecular genetics and microbiology and director of UF’s Powell Gene Therapy Center, which manufactured the viral vectors used in the study. “Improvements in someone’s medical condition are ultimately what we are after.” LCA2 affects about 2,000 people in the United States and is one of several incurable forms of blindness collectively known as retinitis pigmentosa, which in turn affects about 200,000 Americans. Children with LCA2 experience major visual disability that can lead to total vision loss in adulthood. Although vision loss is severe, the structure of the retina — including its connection to the brain — can remain relatively intact for decades before the photoreceptor cells degenerate. Study researchers from the University of Pennsylvania also include Artur Cideciyan, Dr. Tomas Aleman, Sharon Schwartz and Lili Wang. Dr. Shalesh Kaushal, Thomas Conlon and Sanford L. Boye, from UF, and former UF Pediatrics Department Chairman Dr. Terence Flotte, now with the University of Massachusetts Medical School, also contributed to the research study. Byrne, Hauswirth and UF have interest in a company that explores the use of therapies using the adeno–associated virus. UF, Penn and Cornell University hold a patent on gene therapy technology. Florida teachers to get lesson in weightlessness on Sept. 30 The Northrop Grumman Corp. Foundation will launch nearly 60 Florida teachers into “weightlessness” as part of the foundation’s Weightless Flights of Discovery program. The goal of the program is to inspire the next generation of scientists, mathematicians and engineers, critical areas where the U.S. has fallen behind globally. Teachers from all over the state applied for the program just as the school year ended in May, and 60 were chosen from nearly 200 applications. Florida school districts represented are: Bay, Brevard, Broward, Calhoun, Citrus, Collier, Duval, Flagler, Hillsborough, Marion, Martin, Orange, Palm Beach, Pasco, Polk, Seminole, St. Johns, Volusia and Washington. Those selected attended a workshop in mid–August at Northrop Grumman’s Melbourne facility. The Space Coast flight will take off from the Kennedy Space Center Shuttle Landing Facility on Sept. 30. Northrop Grumman Foundation’s Weightless Flights of Discovery is an innovative hands–on training program that gives teachers an “out–of–this–world” experience as a way to help them inspire their students to pursue careers in science, technology, engineering and math. Area teachers prepared for the zero–gravity flights this summer by attending workshops and designing experiments to execute while in zero–gravity in order to test Newton’s Laws of Motion. Following the flights, the teachers will bring “their in–flight experiences, enthusiasm and videotaped experiments into the classroom,” where they will be integrated into lesson plans. Visit www.northropgrumman.com/community/weightless.html for more information about the program. Volunteers sought for removal project The Brevard County Parks and Recreation Department is seeking volunteers to commemorate National Public Lands Day by assisting in removing invasive grapevine at Riverwalk Nature Center in Rockledge on Saturday, Sept. 27, from 8 a.m. until 2 p.m. The project involves pulling and cutting the grapevines near the boardwalk. Volunteers will need to bring their own work gloves; long sleeves and pants are highly recommended. Water will be provided, and the first 50 participants will receive a commemorative poster. For additional information, call Brandon Smith at 433–4490. Call Adrienne Roth at 321-951-7777 or visit BrevardBusinessNews.com for Advertising Information SEPTEMBER 22, 2008 BBN DIGEST Parrish Heathcare Center in PSJ awarded LEED Silver certification PORT ST. JOHN — The 72,264–square–foot Parrish Healthcare Center, owned by Parrish Medical Center in Titusville, has become the first facility of its kind in Florida to be awarded the prestigious LEED Silver certification from the U.S. Green Building Council. The building was designed to highlight the belief that “health and healing are best achieved when in balance with nature.” The 33–acre campus includes a 6–acre nature preserve. Among the criteria for Leadership in Energy and Environmental Design certification is the demonstration of a commitment to educate the public about environmental sustainability. One–way the center has selected to demonstrate that commitment is through the green touchscreen kiosk designed by Quality Attributes Software. This innovative and customized kiosk is located in the main lobby of the center. Visitors to the center just need to “touch the screen and it comes to life.” From the kiosk, visitors can learn about the LEED Green Building rating system and the credits that were earned in order to achieve Silver certification. The green touchscreen also teaches viewers about the building’s energy systems through creative animations, gauges and graphs that show how the systems work and how they lower electricity and water usage. “This added feature helps us increase people’s awareness of the energy we use, which increases our understanding of the environmental impact that energy usage has on the environment. That awareness helps motivate behavioral changes,” said Chris Male, PMC Medical Center developer. Without the green touchscreen, many of the buildings “green features” might otherwise go unnoticed, said PMC’s Chris Fox, director of the facility. “The kiosk is a great way for Parrish Healthcare Center to inform the public about how environmental sustainability is integrated into the healing environment. PMC has long advocated that environments play an integral role in healing. Building green is just a natural extension of that belief,” he said. Parrish Healthcare Center at Port St. John is a full– service outpatient center that earned accreditations by the American College of Radiology in the areas of mammography, breast ultrasound, ultrasound, computed tomography, and magnetic resonance imaging. In addition to radiology services, the center includes physician offices, a sleep–disorders clinic, outpatient rehabilitation, laboratory services, and an array of other testing devices. For more information, visit psjhealthcenter.com or call 636–9393. Open house for professionals Oct. 14 The Central Brevard Chapter of the International Association of Administrative Professionals will hold an open house at 5:30 p.m. on Tuesday, Oct. 14, at Courtyard by Marriott, 3425 N. Atlantic Ave., in Cocoa Beach. Information about membership and professional certification will be available. The reservation deadline is Oct. 10. Visit iaapcentralbrevard.homestead.com to register. For additional information about IAAP, contact Charlene Spangler at [email protected]. Regular chapter meetings are the second Tuesday of the month. SEPTEMBER 22, 2008 Luce next in series WANTED Quality Professional Businesses Business Brokers We have buyers, INTERNATIONALLY pick up BBN and LOCALLY that 9-15-08 are looking for QUALITY page 2 businesses to buy! Do YOU know how much YOUR business is worth? Let us give you a FREE Business Valuation! Dependable, Careful, Professional Allied pick up BBN 9-1-08 page 2 Contact us today! (321) 259-8607 www.pbbi.com [email protected] Sutton Prospect PROSPECT OFFICE CENTER pick up BBN Newly Renovated SBA Approved Hub Zone 9-15-08 page 19 725-1240 Browning’s Pharmacy & Health Care Home Medical Equipment and Supplies Respiratory Equipment and Supplies • Power Wheelchairs and Seating We specialize in finding what you need • • Brownings pick up BBN 9-15-08 page 13 (321) 725-6320 141 E. Hibiscus Blvd, Melbourne, Florida 32901 Call Adrienne Roth at 321-951-7777 or visit BrevardBusinessNews.com for Advertising Information Left Hand pick up BBN 9-15-08 page 2 BREVARD BUSINESS NEWS / 5 BBN ADVERTISER Playhouse pick up BBN 9-15-08 page 6 FULL COLOR BREVARD BUSINESS NEWS / 6 Call Adrienne Roth at 321-951-7777 or visit BrevardBusinessNews.com for Advertising Information SEPTEMBER 22, 2008 BBN DIGEST Julian Bennett wins Google X–Prize design competition Julian Bennett, a senior designer at Brandt Ronat + Company in Merritt Island, has won the T–shirt design competition for the Google Lunar X– Prize. Google is sponsoring the contest to further space exploration. Bennett says he spends a lot of “time thinking about space.” He has done extensive work for the Space Foundation, including the design of “The Space Report: the Authoritative Guide to Global Space Activity (2006 and 2008).” Google asked for “a creative, original T–shirt that perfectly captures the spirit of exploration and innovation of the Google Lunar X Prize.” His design can be viewed at www.googlelunarxprize.org. “This is purely levitating,” Bennett said. “Becoming a part, no matter the size, within any segment of our country’s space exploration spectrum is exactly what I yearned and gravitated toward since the Apollo days. It is another method to help support and promote to our country the need to embrace and embark upon space exploration further and further.” The design “clearly communicates” the goals of the Google X–Prize, a $30 million competition to encourage a private company to launch a rocket to the Earth’s moon, have it land safely, deploy a vehicle that will be able to move 500 meters and also collect data and transmit that data back to Earth. The design will be printed on T–shirts and other items and is available in the Google X–Prize store at http://www.cafepress.com/glxp/5959462. Bennett’s design recalls the Apollo program, where considerably larger vehicles made the same journey. He remembers when his father, a TV journalist from Orlando, would cover the launches and the safe return of the astronauts. “I grew up here and watched many Apollo launches and the astronauts’ parade on return,” Bennett said. “It was where I wanted to go in my future. I was beyond entranced with any form of aerospace exploration.” He adds, “In high school, it became obvious that I would not be ‘the next rocket scientist,’ so I learned that I could empower my dreams via my artistic and design abilities within this immense aerospace industry. Also, through my role at Brandt Ronat and our accomplishments, with many diverse aerospace clients, primarily the Space Foundation, we have helped open many wondrous pathways in promoting space. It is cosmic.” BRPH selected for manufacturing project BRPH Cos. Inc. recently announced that it has been chosen to provide design services to EFACEC Transformers Inc., an affiliate of Portugal–based EFACEC Group, for the company’s new manufacturing facility in Savannah, Ga. The $65 million complex will include a 235,000–square–foot manufacturing plant for the production of power transformers and 17,000 square feet of office space on a 43–acre site. The project has “an aggressive design–build schedule,” with design having begun immediately upon contract award and construction scheduled for completion in August 2009, said Brad Harmsen, BRPH president and CEO. “We are proud to have been chosen for this exciting project. BRPH continues to strengthen its reputation outside the U.S., developing relationships with international companies, and growing our business strategically,” he said. SEPTEMBER 22, 2008 RBC Bank pick up BBN 8-25-08 page 9 FULL COLOR Somewhere between starting a business and growing one, you’re going to need a bank. We’d like to be it. The small business advisors of RBC Bank™. With more proactive advice, proven ideas and dedicated service than you’d expect from a bank. Now with six offices in Brevard County to serve you. Call 1-800-236-8872 for the location nearest you. Cocoa Beach 4350 N. Atlantic Ave. Melbourne 1421 Gateway Dr. Palm Bay 5240 Babcock St. NE Melbourne 6769 Wickham Rd. Melbourne 3000 Sarno Rd. Rockledge 3300 Murrell Rd. ©RBC Bank (USA) 2008. Member FDIC. ®Registered trademark of Royal Bank of Canada. TM Trademark of Royal Bank of Canada. Used under license. RBC Bank is a trade name used by RBC Bank (USA) and its branch offices operate under this trade name. “Let’s do something giant.” is a registered trademark of RBC Bancorporation (USA). Used under license. Call Adrienne Roth at 321-951-7777 or visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 7 BBN DIGEST YOUR “LOCAL” CERTIFIED DEVELOPMENT COMPANY YOUR “LOCAL” CERTIFIED D OM MERCIAL DEVELOPMENT COMPANY C “OWNER OCCUPIED” C OMMERCIAL MORTGAGES “OWNER OCCUPIED” Flori Flori 90% Financing MORTGAGES Cramer Available SBA 504 Loan Program 90% Financing Available Development florida Florida Business 50%SBA 1st504 Mortgage Bank/Private Lender Loan Program business florida florida 1st Mortgage Bank/Private Lender business development 40%50% Florida Business Development Corp. business florida 40% @ Florida Business Development Corp. development corporation 20 year below market fixed rate corporation busines development @ 20 year below market fixed rate 10% Borrower/Business Owner developm 10% Borrower/Business Owner corporation corporati Call a former banker Call Tim, a Tim, former banker 21experience, years experience, with 21 with years atat 407-352-2551 logo and logo and 407-352-2551 logo logo and and or email [email protected] photo photo or email [email protected] photo today for more info. photo 5/-5/08 5/-5/08 today for more info. page 22 5/-5/08 page FLORIDA BUSINESS 5/-5/08 DEVELOPMENT CORPORATION page 2 page 2 FLORIDA BUSINESS Timothy O. O. Cramer Timothy Cramer DEVELOPMENT 7021 Grand CORPORATION National Drive, Ste 100, Executive ViceVice President Executive President pick up BBN 9-15-08 page 8 Orlando, FL 32819 Central/North Florida Central/North Florida 7021 Grand National Drive, Ste 100, Orlando, FL 32819 Timothy TimothyO. O. Cramer Cramer Executive ExecutiveVice Vice President President Central/North Central/North Florida Florida “MORTGAGE MONEY” Shuler pick up BBN 9-1-08 page 5 Crissy pick up BBN 9-15-08 777-3232 “Brevard’s mostpage referred 2 lender since 1981” National pick up BBN 9-15-08 page 13 PUT YOURSELF IN OUR PLACE OFFICE & RETAIL SPACE Woodlake/Sutton LOCATED IN PALM BAY MELBOURNE pick upANDBBN 725-1240 9-15-08 For more information page 3 BREVARD BUSINESS NEWS / 8 MAI designs boat–storage facility at Sebastian Inlet MAI Architecture Engineering Construction Inc. of Melbourne has designed the new Sebastian Inlet Marina in Micco, which recently opened. Just north of the Sebastian River Bridge, the three– acre marina at 8685 U.S. Hwy. 1 features a “massive facility” for indoor storage of 240 boats up to 40 feet in length and an additional 2,600–square–foot ship’s store and captain’s lounge. Careful design and space planning is what sets the facility apart, said MAI President Dave Menzel. “We worked very closely with boat–storage specialists to create an integrated design for this project. This building is all about form following function.” The marina’s predecessor was destroyed in a hurricane four years ago and “care was taken to ensure” the bigger, new structure was storm–ready. “This one is beyond sturdy,” says Menzel. “It’s designed to withstand winds up to 140 mph, with 12–inch thick concrete throughout and pylons that go 35 feet into the ground. It’s not going anywhere.” Established in 1985 by Menzel, P.E., and partner Carlos Alvarez, MAI Architecture Engineering Construction provides architectural design and in–house engineering, space planning and interior–design services. In 2002, MAI began specializing in the complete management of construction projects, taking clients from initial planning through post–occupancy review. For more information about the company, visit www.MAI–aec.com or call 757–3034. Space Coast Centra–Plex board meeting The Brevard County Agriculture and Extension Service and the University of Florida Institute of Food and Agricultural Sciences will have a Space Coast Regional Centra–Plex Board meeting at 8:30 a.m. on Sept. 24 at the Agricultural Center, 3695 Lake Drive, in Cocoa. This meeting will also be addressing the 2009 Brevard County Fair agenda. For more information, call the Cocoa Extension Office at 633–1702. Junior Achievement receives $5,000 grant Junior Achievement of East Central Florida Inc. has received a $5,000 grant to support the implementation of JA programs in Brevard elementary schools that have higher numbers of low–income students. The grant was awarded to JA by The Bank of America Charitable Foundation Inc. Results of independent studies have shown that students who participate in JA programs “understand more about personal finances and budgeting.” Participation in JA for multiple years during the elementary grades increases student learning, skills development, problem–solving, and decision–making, the study says. “We are pleased to receive this grant in support of our educational program for elementary school students,” said Scott Sorensen, president of Sorensen Moving & Storage and JA board vice chair. “These funds will allow us to implement the JA programs in more elementary classrooms in order to reach more students in Brevard County.” JA will use the grant to implement the program in several area elementary school classes, recruit and train volunteers to present the program and purchase the JA program materials, he said. For more information on JA programs or to volunteer, call 636–1000. Call Adrienne Roth at 321-951-7777 or visit BrevardBusinessNews.com for Advertising Information SEPTEMBER 22, 2008 BBN DIGEST Eskimo Ice opens multiple vending machines in county BOARD OF DIRECTORS: This August marked the opening of three separate, locally owned ice–vending machines in Brevard County. Although common throughout Texas, Georgia and Florida’s Panhandle, these freestanding, automated ice houses are a new occurrence here. Twice the Ice machines sell 16–pound pre–bagged packages of ice for $1.50. The ice is also available in 20– pound bulk. The machines are equipped with a purified water system, yielding a gallon of water for $.25. All ice is chewable and, like the water, tested to Department of Agriculture state standards, said Jason Cheek, co– owner of Eskimo Ice. Current locations include the BP gas station on Babcock Street, one–half mile South of Florida Tech; Black Dog Bait & Tackle, on Ocean Drive in Melbourne Beach; and The Boathouse Pub in Grant, south of Jorgenson’s Landing on U.S. 1. Catering to fishermen, boaters, construction workers and beachgoers, the machines are “placed for optimum accessibility and convenience,” he said. Customers simply pull up to the machine, insert cash or coins and select “bag” or “bulk” button. Unlike non–vending options, customers can bring their own cooler to “receive the best possible value while avoiding handling bags.” There will be about 12 additional machines installed, anywhere from south of Patrick Air Force Base to the Sebastian Inlet, said Cheek, a certified public accountant. His business partner is James Bailey, an attorney. They collectively own and operate seven ice–house locations across the Panhandle. “Ice can get downright expensive and now, more than ever, every penny matters,” Cheek said. “Having fished and boated for 15 years, I understand how important it is to have your cooler full when you’re out there, and, unfortunately, how quickly costs add up. Our goal is to provide Brevard the most inexpensive, convenient way to purchase ice and purified water. And I think we are well on our way.” Cheek can be contacted at (404) 408–1308, or send an e–mail message to [email protected]. BILL CUNNINGHAM Business Advisers International JIM DAVIS OEMS SUSAN EVANDER Technology Insights CAROLYN FAUSNAUGH Florida Institute of Technology JOSH FIELD Space Coast Business Media Group LEASHA FLAMMIO-WATSON Flammio & Schultz Financial Group Wachovia Securities, LLC DON KRAMER One Senior Place Sept. 30, 2008 / 6–9 pm: 2008 Founders Forum Entrepreneur of the Year, Founders Bernie Simpkins Forum Join the celebration for the 2008 Entrepreneur of the Year, Bernie Simpkins – Brevard business leader, philanthropist, community champion, and founder of S&S Enterprises. The September meeting is the first Founders Forum meeting in the 2008-2009 series. Attendance is limited so early registration is strongly recommended. pick up BBN 9-15-08 page 8 Season Underwriter: Meeting Sponsors: MIKE McBRIDE EDC of Florida’s Space Coast McBride Woodbridge Marketing, LLC Artemis IT VICTORIA PEAKE Space Coast Business Florida Small Business Development Center at Brevard Community College SANDY PFRIMMER Florida Small Business Development Center at Brevard Community College 2008 - 2009 MEETING SCHEDULE LOCATION, TIMES & COSTS: Crowne Plaza Melbourne Oceanfront 2605 N. Highway A1A, Indialantic, FL $35 with pre-registration $40 at the door $20 students, with pre-registration 6pm - 7pm Networking and Intros 7pm - 8pm Dinner 8pm - 9pm Program Make your reservations at www.foundersforum.com Contact the Florida Small Business Development Center at BCC at 433-5570 or 433-5573 to learn more. Learn Sept. 30, 2008 Entrepreneur of the Year Share TRAVIS PROCTOR Artemis IT Solutions Nov. 18, 2008 Taking the Entrepreneurial Plunge Connect JULIE SONG Jan. 27, 2009 Money Matters @ Brevard’s #1 March 24, 2009 Marketing Madness Resource for May 19, 2009 President’s Panel Entrepreneurs Economic Development Commission of Florida’s Space Coast RAVI SUNDARARAMAN Acuere, LLC New shop seeks works by artists Michelle’s Gifts To Go in downtown Melbourne, a new shop, is seeking local artists to display their works. The business is at 614 E. New Haven Ave. Contact Michelle Bell at 250–0666 or stop by the shop. The shop’s e–mail address is [email protected]. Dr. Girjashanker earns credential Internal medicine and urgent–care specialist Dr. Ramesh Girjashanker, who is with Health First Physicians’ Walk–in Clinic in Cocoa Beach, was recently certified by the American Board of Urgent Medicine. Dr. Girjashanker is a member of the medical staff at Cape Canaveral Hospital in Cocoa Beach. Dr. Girjashanker was awarded his medical degree from the University of Texas–Galveston. He performed his residency at the University of South Florida in Tampa. Dr. Girjashander is also certified by the American Board of Internal Medicine. For more information or to schedule an appointment with Dr. Girjashanker, call 868–8313. However, no prior appointments are necessary for walk–in, urgent–care patients at the Cocoa Beach clinic, which is located at 105 S. Banana River Blvd. For more information, go to www.Health–First.org. SEPTEMBER 22, 2008 ABI next in series Call Adrienne Roth at 321-951-7777 or visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 9 BBN BUSINESS Historic Cocoa Village Playhouse to open Broadway series with ‘Jekyll & Hyde’ musical; tickets on sale, auditions set for ‘Peter Pan’ and other shows; community open house for new annex By Ken Datzman COCOA — The Historic Cocoa Village Playhouse, a unique venue in the region that allows businesspeople and other amateur actors of all ages to show off their theatrical talents on stage, is set to open its 19th season of performances. This season, the nonprofit organization also will unveil its newly built technical–support annex, a 15,000–square–foot facility that was supported through fund–raising in the community. The Playhouse’s capital campaign is ongoing as the theater is being upgraded in phases. The 490–seat Playhouse auditorium was constructed in 1924. The Playhouse will kick off its main format, the Broadway on Brevard series, on Sept. 26 with “Jekyll & Hyde: The Musical.” The show runs through Oct. 12. This Broadway performance is based on “The Strange Case of Dr. Jekyll and Mr. Hyde,” a novel by Robert Louis Stevenson. “We have a very ambitious lineup of shows for our 19th season, and all the shows feature local, volunteer performers,” said Playhouse Executive Director Staci Hawkins–Smith. “We are always in need of performers. Without the performers, our organization can’t put on a show. We are really going to need people for ‘Gentlemen Prefer Blondes’ and ‘Elton John and Tim Rice’s Aida,’ a musical drama.” Hawkins–Smith said there are a lot of talented amateur actors in Brevard County, including a number of businesspeople, “who really enjoy their time on stage.” They include Matthew Johnson, Rick Roach, Amanda Edmands, Lisa Rhodes, Michael Delk and Brian Smith. In addition to “Jekyll & Hyde,” the Broadway on Brevard schedule includes: “Peter Pan,” Nov. 14 to Nov. 30; “Gentlemen Prefer Blondes,” Feb. 6 to Feb. 22; “Elton John and Tim Rice’s Aida,” April 3 to April 19; and “The Fantasticks,” May 8 to May 17. Additional Playhouse shows are: “The Mark Baker Family Christmas,” Dec. 13; “The Cocoa Village Performers Cabaret,” Jan. 10; and “1776.” The latter show is scheduled for April 21 at the Maxwell C. King Center for the Performing Arts in Melbourne. Playhouse season tickets are on sale and include four of the five Broadway on Brevard shows. Season ticket prices are: adults, $84 per person; student or senior citizen, $76; and children (12 years and under), $56. Call the Playhouse box office at 636–5050 for reservations and ticket information, including individual show prices and group discounts. BREVARD BUSINESS NEWS / 10 The prices include a $2 building–fund fee per ticket, which goes toward the repayment of a loan from Brevard Community College. BCC owns the Playhouse. Its board of trustees approved a loan of up to $900,000 so the Playhouse could start construction on the annex. This season, the Playhouse’s actors will have space to comfortably move around as they prepare for their performances. The annex expansion, on the east side of the existing facility, includes a costume preparation and storage area, dressing rooms, a workshop and a studio, as well as bathroom facilities. “The annex has its certificate of occupancy and we have been moving in one department at a time,” said Hawkins–Smith. “We are working in the annex with rehearsals, costuming and set–building. We have done a lot of backstage work since July 20. This is a dream come true for the Playhouse.” The Playhouse will host an open house at noon on Friday, Oct. 17, to show off the $2.5 million annex to the community. The Playhouse is looking to raise roughly $678,000 to complete the annex project, she said. “There are things we still need, including a wood dance floor and mirrors for the dance studio. Once we finish raising $678,000, we’ll turn our attention to renovating the upper balcony of the Playhouse and the theater seats. This is a historic building, so the fund–raising will be ongoing in the community as we make improvements in phases.” The wood flooring is needed to accommodate dancers from the Brevard Ballet Theatre. The group performs a series of shows at the Playhouse. Dr. Maxwell King, former president of Brevard Community College, is the honorary chairman of the Playhouse’s capital campaign fund. Over the years, the Playhouse has provided the launching pad for many youngsters in the region to learn about acting through its “Stars of Tomorrow” program, serving youth 7 to 17 years old. Hawkins–Smith says the program, which was established in 1992, meets once a week, from October through June, with a holiday break. “Stars of Tomorrow” has grown from eight youngsters in 1992 to more than 120 participants each season. “We normally do two shows and a holiday presentation,” she said. “But this season we are expanding the ‘Stars of Tomorrow’ schedule and it’s a pretty big undertaking.” The 2008–2009 lineup features these performances: “Happy Holidays Showcase,” Dec. 16–17; “Willy Wonka Jr.,” June 5–7; “Disney’s Jungle Book Kids,” June 12–14; and BBN photo — Adrienne B. Roth Staci Hawkins–Smith is executive director of the Historic Cocoa Village Playhouse, a facility that was constructed in 1924. Her organization recently received the certificate of occupancy for its new 15,000–square–foot technical–support annex. The Playhouse will host a community open house Oct. 17 to show off the annex. “Bye Bye Birdie,” June 26–28. “We are declaring June to be Children’s Month at the Playhouse. And, we are thinking about hosting a summer workshop for children,” she said. Here is the audition schedule for the Broadway on Brevard series and for the Stars of Tomorrow program. No experience is necessary to audition for the performances. l “Peter Pan”: Saturday, Oct. 4, 10 a.m. (children 12 years and under); Sunday, Oct. 5, at 6 p.m. (males 13 years and over); and Monday, Oct. 6, at 7 p.m. (females 13 years and over). l “Playhouse Performers Cabaret”: Tuesday, Nov. 18, at 7 p.m. (For this audition, you must have already performed on the Playhouse stage in a musical). l “Gentlemen Prefer Blondes”: Monday, Dec. 8, at 7 p.m. (females 13 years and over); and Tuesday, Dec. 9, at 7 p.m. (males 13 years and over). l “Elton John and Tim Rice’s Aida”: Monday, Feb. 9, at 7 p.m. (females 13 years and over); and Tuesday, Feb. 10, at 7 p.m. (males 13 years and over). l “The Fantasticks”: Monday, March 23, at 7 p.m. (males and females 17 years and over). l “Stars of Tomorrow”: Monday, Sept. 29, at 5:45 p.m. (7 to 10 years old); Tuesday, Sept. 30, at 5:45 p.m. (11 to 12 years old); Wednesday, Oct. 1, at 5:45 p.m. (13 years old to high school graduation). Call Adrienne Roth at 321-951-7777 or visit BrevardBusinessNews.com for Advertising Information SEPTEMBER 22, 2008 BBN BUSINESS Berman Hopkins Wright & LaHam a cornerstone of business community for 50 years — to host client–appreciation events this fall as it marks half century; makes ‘Top 100 for Working Families’ By Ken Datzman VIERA — Berman Hopkins Wright & LaHam is celebrating its 50th anniversary in 2008 in Brevard County and the independent certified public accountant firm is turning the spotlight on its clients. As it marks this entrepreneurial milestone, Berman Hopkins is reaching out to the businesses and individuals who have maintained relationships with the firm and have played an important role in the company’s long–running success and growth in the market. “Reaching the half–century mark is a huge milestone for any business, and being in the public–accounting arena I think it’s an even bigger accomplishment,” said Phil Hayes, one of the firm’s seven partners. “We wouldn’t be here for 50 years without having great clients. Our success is a result of our clients’ success. So, this celebration of 50 years in the marketplace really is about our clients.” He said Berman Hopkins has built a roster of longtime clients, the cornerstone of a successful business. “I haven’t researched it, but I bet we have a couple of clients who have been aboard for 50 years. I do know we have clients who have been with us for 30 years and longer. To maintain those kinds of relationships, you really have to be attuned to their needs and be there for very stage and turn of their business.” Berman Hopkins will host a 50th anniversary client–appreciation event on Oct. 16 at the Duran Golf Club in Viera. Tee time is 1 p.m. A social will follow at 5:30 p.m. “We hope to bring all of our clients together at this gathering and thank them,” Hayes said. The company will follow up with another such event on Nov. 16. This one will be at Berman Hopkins’ new, company–owned corporate headquarters at Spyglass Plaza on Spyglass Hill Road. The evening cookout will be held outdoors on the facility grounds, under a tent. Former “alumni” of Berman Hopkins will be invited to the function. “We will be welcoming Berman Hopkins alumni — people who worked for the firm and then perhaps went into private accounting or another area,” Hayes said. “A lot of times these accounting professionals become our clients because we do work for the company they represent. Many of them remain in Brevard and are very good accountants. This will be an opportunity for us to visit with former Berman Hopkins team members and show our appreciation.” Lewis Berman founded the firm in 1958. In SEPTEMBER 22, 2008 the early 1980s, CPA John Hopkins merged his practice with Berman’s, creating a larger company and building the foundation for future growth. Berman retired years ago. Today, the partners are Hopkins, James LaHam, James Wright Jr., Ross Whitley, Ed Moss Jr., Brian Nemeroff and Hayes. Berman Hopkins expanded into the Orlando market in the early 2000s with the acquisition of Winter Park–based Moss and Reeves, P.A., a 13–year–old firm headed by CPA Ed Moss, a University of Florida graduate. With offices in Melbourne and Central Florida, the Berman Hopkins team currently comprises 85 people. Hayes said that the company “is definitely poised to grow. We have the infrastructure in place to catapult us to the next level.” He adds, “And Berman Hopkins’ long– range future is very clear. We’ve spent three years putting together a very solid succession plan for the practice.” Hayes spent 10 years in the banking industry before transitioning into the accounting world. “It was a big change for me.” He’s been with Berman Hopkins for eight years. Hayes became a partner of the practice in January 2006. A graduate of the University of California at Davis, Hayes is the first, and only, non– CPA to hold partner status at Berman Hopkins. He has a bachelor’s degree in managerial economics from UC and a master of business administration from Webster University. He earned both degrees with high academic distinction, magna cum laude. “The firm has really given me the opportunity to grow,” said Hayes, who completed a program offered by the National Association of Certified Valuation Analysts and holds the Accredited Valuation Analyst designation. Berman Hopkins was recently named to the 15th annual Orlando Sentinel “Top 100 Companies for Working Families.” The program is sponsored by Workforce Central Florida. “It’s an honor to be part of a group of companies in Central Florida that are considered the best places to work,” Hayes said. “We continually strive to create a family– friendly environment at Berman Hopkins where people want to come to work and enjoy what they are doing.” He said Berman Hopkins “has incorporated a lot of family time and family events, including picnics and movie nights.” The Top 100 application consisted of a series of questions to determine what benefits are provided in categories of core benefits, BBN photo — Adrienne B. Roth Phil Hayes is one of seven partners of Berman Hopkins Wright & LaHam, CPAs and Associates, headquartered in Melbourne with an office in greater Orlando. The 85– person firm, 50 years old in 2008, is celebrating its success with its clients. The firm has planned events in October and November to recognize and thank their customers. family–related benefits, work environment, communication, and training. Berman Hopkins offers full benefits including health and dental insurance, and a 401(k) investment plan, in addition to a host of family activities. In 2005, the firm established the Berman Hopkins Leadership Academy in conjunction with Florida Institute of Technology in Melbourne. The two–day program is a leadership conference for the practice’s experienced staffers and managers. “The Leadership Academy is a big deal for the company,” said Hayes, who worked closely with LaHam in putting together the academy program. The speakers have included Phillip Farmer, former CEO of Harris Corp., and area entrepreneurs Travis Proctor of Artemis International and Tim Dwight of Green Turtle Market. Florida Tech faculty members from the College of Business, College of Engineering, and the College of Psychology and Liberal Arts also make presentations at the academy. The workshops typically center on “soft skills,” such as project management, conflict resolution and negotiating, and are tailored to the firm’s needs. Call Adrienne Roth at 321-951-7777 or visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 11 BBN EVENTS Brevard Commissioner Bolin to represent the FAC at event MIMA pick up BBN 9-15-08 page 17 LEON COUNTY — Randy Hatch, president of the Florida Association of Counties (FAC) and the Suwannee County Commissioner, has appointed Brevard County Commissioner Mary Bolin and eight other county commissioners from across the state to represent the FAC at the Century Commissions’ Water Policy Congress Sept. 25–26 in Orlando. “Commissioner Bolin is a talented and effective local leader in the state and is an authority on water conservation and resource protection issues,” said Hatch. “The FAC delegates are the best commissioners to represent the state of Florida and Florida’s counties in this critical debate.” According to the Century Commission, the 2008 Water Policy Congress will work to develop a comprehensive set of sustainable water–use and supply–action steps. The Century Commission believes “a long–term water conservation, use and supply plan, for environmental, agricultural and public consumption purposes” is essential for a sustainable quality of life in Florida. Founded in 1929, the Florida Association of Counties is a nonprofit association representing the diverse interests of Florida’s 67 counties. New programs begin at community center The Viera Regional Community Center is expanding its programs to include a variety of classes for all ages. In addition to the current lineup of Shorin–Ryu Karate, Tennis, Jazzercise, Baton, Basketball and Fencing, the center now offers Ballroom Dancing, American Kenpo Karate, a World Corner’s Class, Women’s Self Defense, and a Backyard Nature class as well as a Senior Social Hour. New choices for preschool–age children include “Fun Fridays” and “Super Saturdays,” which include a variety of arts and crafts. Also available for 5– to 14–year–olds is “Homework Helpers,” a program designated to assist children with their homework completion while improving their grades and self–esteem. Teen volunteers are needed to help with programs and special events. The Viera Regional Community Center is at 6288 Athletics Lane. Call 433–4891 to register or for any further information. Free cosmetic seminar at Lawler Centre Sept. 18 The Lawler Centre for Cosmetic Surgery in Melbourne will host a seminar at 7 p.m. on Thursday, Sept. 18. The Lawler Centre is at 1700 W. Hibiscus Blvd., behind Melbourne Square Mall. Attendees will learn how to “analyze gimmicks vs. proven techniques, how to be well informed when making important decisions about skin– care procedures, and the good, the bad and the pitfalls of treatment.” Dr. Lawler, a board–certified plastic surgeon, has been practicing since 1986. He provides seminars free of charge to help patients find the information they need to make educated decisions about plastic surgery. To make a reservation to attend the presentation, call the Lawler Centre at 724–8193. The Web address is www.lawlercentre.com. Doctors Goodwill Foundation to host benefit Hip Chicks The Doctors Goodwill Foundation of Brevard County will host a benefit for the American Red Cross and Habitat for Humanity to help those who have been impacted by the recent hurricanes as well as the devastating floods in India. The benefit will be held from 6 to 9 p.m. on Sept. 19 at the Holiday Inn Express, 301 Tucker Lane, in Cocoa. Individual tickets are $50. The theme is “A Taste of the Space Coast” and will feature international foods. Dress is casual. Visit www.doctorsfoundation.org or call Sue Tindall, administrative assistant, at 735–6492. The e–mail address is [email protected]. Surfside in Cocoa Beach to open 50th season pick up BBN 9-15-08 page 15 The Surfside Players will present “The Moon is Blue,” a romantic comedy directed by Troy Jones, Sept. 19 to Oct. 5. This performance opens Surfside’s 50th season. The show was originally presented in May 1959 at the Cocoa Beach Fire House. The story involves a “very charming and innocently frank young girl who meets a young architect on the top of the Empire State Building.” The play will be performed on Fridays and Saturdays at 8 p.m., and Sundays at 2 p.m. Tickets are $18. The Surfside Playhouse is at 300 Ramp Road in Cocoa Beach. Call 783–3127 for more details. Tulley to address economic commission The Space Coast Economic Development Commission will host Titusville Mayor– elect Jim Tulley at a luncheon at 11:30 a.m. on Wednesday, Sept. 24, at the American Police Hall of Fame in Titusville. The address is 6350 Horizon Drive. The cost is $15 per–person at the door the day of the meeting. To make a reservation to attend the luncheon, call 269–3221. BREVARD BUSINESS NEWS / 12 Call Adrienne Roth at 321-951-7777 or visit BrevardBusinessNews.com for Advertising Information SEPTEMBER 22, 2008 EVENTS BBN FSEC to host workshop for Alternative Fuel Vehicle Day COCOA — The Florida Solar Energy Center will host an alternative fuel workshop on Oct. 3 as part of the National Alternative Fuel Vehicle (AFV) Odyssey Day. The National AFV Odyssey Day will be held in 86 different locations throughout the U.S. this year. Coordinated by the National Alternative Fuel Vehicle Training Consortium, in a partnership with the U.S. Department of Energy’s National Clean Cities Program, the goal is to promote the awareness and use of AFVs, as well as promote energy conservation and independence for the U.S. The Space Coast Clean Cities Coalition, a Florida chapter of the U.S. DOE Clean Cities Program, has coordinated and organized the Advancing the Choice alternative fuel workshop locally as part of this national event. The workshop will feature presentations and discussions about AFV ownership opportunities, biodiesel production, quality standards for fuel grade, utilizing biodiesel in current vehicles, and construction of biodiesel fueling stations. Guests will also be able to test drive AFVs and speak with auto manufacturers and industry experts at this event. The workshop will run from 10 a.m. until 4:30 p.m., and the cost to attend is $10. Register at www.floridaenergycenter.org/go/afv4. For more information, call FSEC researcher Bill Young at 638–1443, or visit www.clean–cities.org. BCC new ad emailed Open house at First Care Family Physicians First Care Family Physicians has relocated to 1051 Eber Blvd., suite 101, in Melbourne. In celebration of the move, the business will host an open house from 10 a.m. to 1 p.m. on Sept. 20. The practice will provide free health screenings, complimentary refreshments, office tours and health–information sessions. “Manny the Manatee” (the Brevard County Manatees’ mascot) and “Cheerio the Clown” will attend the event. The husband and wife team of Drs. Eduardo Nevarez and Myredsi Soto opened First Care Family Physicians in March 2007 after relocating from Puerto Rico. Their practice offers a full range of medical services including procedures such as joint injections, laceration repair, and cyst removal. For more information about the open house, or to make an appointment, call 723–1074. Meeting to address restoring oyster reefs Restoring oyster reefs will be the featured topic at the Sept. 25 Brown–Bag Lunch at Lori Wilson Park in Cocoa Beach. Michelle Snider from the Nature Conservancy will discuss why the oyster reefs are so important to the Indian River Lagoon, what has caused them to disappear and what can be done to help restore them. The Central Area of the Brevard County Parks and Recreation Department offers a series of Brown–Bag Lunches at the Kelly Slater Pavilion in Lori Wilson Park in Cocoa Beach, beginning at noon on the second and fourth Thursday of the month. For additional information, call the Nature Center at 455–1385. Joint meeting set for Viera Sept. 25 A joint special meeting of the Brevard County Parks and Recreation Department’s South Area Advisory Board, Wickham Park Advisory Board, and Wickham Park Referendum Committee will be held at 6 p.m. on Thursday, Sept. 25, at the Viera Regional Community Center, 6288 Athletics Lane. The purpose of this meeting is for the consultant, SMG Inc., to hear from the advisory–board members regarding the Wickham Equestrian Center. The meeting is open to the public. United Way Days of Caring scheduled United Way of Brevard will host its Days of Caring community–service events on Sept. 26 and 27, and Oct. 3 and 4. Currently, more than 60 community–service projects are available for adoption by groups and individuals. A sampling of projects includes landscaping, painting, playground improvement, Meals on Wheels, Seniors at Lunch, data entry, printed materials assembly, and shredding. “Our Days of Caring initiative is about making it easier for people to ‘Live United’, getting involved in their community by giving back as a volunteer,” said Rob Rains, president of United Way of Brevard. “It’s also a great way to learn more about the needs that exist in Brevard and the wonderful agencies that help meet those needs, each changing lives for the better.” Supporting this year’s Days of Caring are corporate sponsors “Florida Today,” Riverside National Bank, Disney Cruise Line, Publix Supermarket Charities, Rockwell Collins, and Ron Jon Surf Shop. To find out more, or to adopt a project, contact Kathryn Columbia at 631–2740. Her e–mail address is [email protected]. Visit www.uwbrevard.org to review the list of projects and to complete an adoption form. SEPTEMBER 22, 2008 DONATE CARS, TRUCKS, BOATS, MOTORCYCLES, GOLF CARTS, RV’s and MORE!! HELP CRIME H ELPPREVENT PR EV EN T JUVENILE JU V EN ILE C R IM E SherriffOffice Sherriff's RECEIVE R EC EIVnew EMAXIMUM M pick A X ad IMup U Memailed BBN " “FA FAIR VALUE" IR MARKET M A R K ET VA LU E” 9-15-08 Immediate Pick-up • Any Im m ediate Pi ckup •A ny CCondition ondition FULL COLOR page 14 FederalTax ID 59-3441257 593441257 Federal Tax ID Brevard County Sheriff’s Office Police Athletic League 225-3008 633-2106 “Filling Playgrounds…..not Prisons” Call Adrienne Roth at 321-951-7777 or visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 13 BBN DIGEST Frank Cepollina to address BCC students Frank Cepollina, deputy associate director for the Hubble Space Telescope Development Project, will be the keynote speaker on Thursday, Sept. 25, at 6 p.m. at Brevard Community College in Cocoa. He will speak to the BCC Aerospace Technology Program class. The NASA engineer–inventor, who works at Goddard Space Flight Center, devoted much of his nearly 50–year career to the challenges of developing feasible methods that create necessary reports and improvements to equipment when it is deployed into space. The event is free of charge and will be held in the Vocational Building. Cepollina’s accomplishments include groundbreaking techniques for servicing satellites, designing new tools and interfaces for astronauts, and managing the historic 1993 repair mission for the Hubble Space Telescope. For more information on the function, call Juanita Curtis at 433–7754. Celebrating 50 Years Florida Tech pick up BBN 6-30-08 page ? Rotary provides many opportunities FULL COLOR The Space Coast Rotary Clubs provide business and professional men and women opportunities to do community service and promote world peace while networking at convivial weekly meetings. Fifteen clubs in Brevard are members of Rotary International, a service organization with more than 1 million members in 170 countries. Club members meet each week to work on community, state, national and international projects aimed at improving lives, promoting health and healthy environments, furthering literacy and education, reducing poverty and eliminating polio worldwide. Local Rotary programs include a dictionary–distribution project for elementary schools, back–to–school backpack drives for underprivileged children in the county, and support for families hit by natural disasters. Call Jim Hagerty at 242–1840 for information on where and when Rotary Clubs in the county meet. “Nearly 50 years ago, Jerry Keuper founded Florida Institute of Technology with 37 cents and a dream. Today, his vision is realized in the mission of Melbourne’s National Research University. You can support this mission with a contribution to the Golden Anniversary Campaign. The future is up to you.” Dr. Dickinson opens practice in Melbourne 150 W. University Blvd., Melbourne, FL 32901-6975 http://campaign.fit.edu EX-609-1007 Dr. J.K. Dickinson, a chiropractic physician, has opened an office at 1751 Sarno Road in Melbourne. Dr. Dickinson practices upper cervical chiropractic care. Dr. Dickinson’s office also offers a non–surgical spinal decompression system for disc and sciatica problems. Other services that are available include functional diagnostic medicine (rebalancing the body’s systems without drugs), and detoxification. A graduate of Sherman College in Spartanburg, S.C., Dr. Dickinson previously was located in Vero Beach before moving his practice to Melbourne and taking over Dr. Paul Colette’s practice. The office number is 751–9992. Prices good July, August and September 2008. Annual ‘Taste of Titusville’ a big success ?????? . BREVARD BUSINESS NEWS / 14 The recently held sixth annual “Taste of Titusville” was “a big success,” says the Titusville Area Chamber of Commerce. The event “drew more food vendors than ever before, with over 30 local food establishments” taking part in the program. “It has become the largest sold–out charity event for Titusville,” said Pat Stevenson, the Chamber’s director of operations. “More than 80 table exhibitors were set–up, offering a variety of products, services and information.” Stevenson said more than 1,000 guests attended the function. The event is a fund–raiser for the Titusville Chamber. The sponsors included Staples, Publix, Brevard Community College, Comfort Keepers, “Hometown News,” Cumulus Broadcasting, Royal Palms Senior Apartments, Bob O’Connell’s Rental Centre, Randomwears, Brevard Uniform, Toat, and Winn Dixie. Call Adrienne Roth at 321-951-7777 or visit BrevardBusinessNews.com for Advertising Information SEPTEMBER 22, 2008 BBN DIGEST Affordable Glass Protection expands Affordable Glass Protection, a shutter manufacturer and installation firm, recently expanded to a new 10,000–square–foot business office and manufacturing plant at 175 West Drive in West Melbourne. On Aug. 14, the firm celebrated its expansion with an open house and ribbon–cutting ceremony officiated by the Melbourne–Palm Bay Area Chamber of Commerce. Affordable Glass Protection has served Brevard County’s commercial and residential hurricane– protection needs since 1992. Its owner, Van Jackson, was recognized as the 2007 Entrepreneur of the Year by the Melbourne Palm Bay–Area Chamber of Commerce. His company was voted “Best of Brevard” by “Florida Today” in 2002 through 2006. Zonta honors Anderson with scholarship The Zonta Club of Melbourne has presented its 2008 Jane M. Klausman Scholarship to Alyssa Anderson. A Melbourne resident, she is a senior at University of Florida, studying finance. Anderson volunteers at the Children’s Advocacy Center in Gainesville. She is seeking a post–graduate position that allows her to travel. Her parents are Shelly and Robert Anderson. The scholarship is awarded to a woman in the Melbourne area for further undergraduate study in a business–related field. Anderson is eligible for further scholarships at the Zonta district and international levels. More information can be found at www.zontaspacecoast.org. Discount drug cards available at PMC Brevard County’s free prescription drug discount cards are now available at Parrish Medical Center in Titusville. The card offers savings of up to 20 percent on medicine. “We applaud the county for taking the lead in bringing this program to Brevard, and are pleased to partner with them to further provide convenient access to the county’s discount–prescription cards,” said Robert Jordan, PMC board member. “Making the cards available at the hospital allows the opportunity to immediately connect people in need of assistance.” Each household is eligible to receive one card for all family members. For more information or to obtain a card, contact the PMC business office at 268–6158. When You Have Confidence In Those Around You . . . The Journey is Well WorthHoyman The Climb. Dobson new ad emailed We’re With You All the Way. FULL COLOR Precision. Confidence. Tenacity. To get to the top, you need your team to possess the same qualities and vision you hold. While you’re focusing on the climb, we’ll focus on these critical business services. Audits, Reviews and Compilations Tax Planning and Consulting Government Cost Accounting Business Consulting & Profit Improvement Cost Segregation Studies Business Valuation and Succession Planning Employee Benefit Plan Administration Research Credit Studies Accounting System Design and Implementation Estate and Trust Administration Please call us for an initial consultation. Then get out there. www.HDWealthCare.com #BZUSFF%SJWFt.FMCPVSOF'-t]-FF3PBE4VJUFt8JOUFS1BSL'-t Groleau awarded engineering scholarship Stephanie Groleau, a graduate student working on a master’s degree in ocean and coastal engineering at Florida Tech, has earned a $4,000 American Society of Naval Engineers (ASNE) Headquarters Scholarship. In addition, she was awarded a one–year honorary student membership in ASNE, which includes a subscription to the “Naval Engineers Journal.” On the Dean’s List during all four years at Florida Tech, Groleau graduated magna cum laude, earning a bachelor’s degree in ocean engineering in May 2008. She was named Outstanding Sophomore in the Department of Marine and Environmental Systems in 2006, was secretary of the Tau Beta Pi Engineering Honor Society and a member of the Phi Eta Sigma Honor Society. She holds a scuba–advanced certification and is a founder of the Florida Tech Sailing Club. Since 2004, Groleau has worked as coastal engineering assistant to Professor Lee Harris. Among her duties have been to deploy wave gauges, maintain a weather station, and create reports for beach profiling and artificial reefs. A resident of Aurora, Ill., she graduated third in a class of 1,000 students from West Aurora High School in 2004. SEPTEMBER 22, 2008 Florida Tech Consulting Results that matter. Florida Tech Consulting is a full-service consulting entity that utilizes the resources within Florida Institute of Technology to assist organizations. Areas of specialization include: s !IRPORT0LANNINGAND/PERATIONS s "IOLOGICAL3CIENCES s -ARINEAND%NVIRONMENTAL3YSTEMS s -ECHANICALAND!EROSPACE%NGINEERING s 3YSTEMS%NGINEERING pip printing pick up BBN 9-08-08 Contact us today to find out how we can help page 8 your organization achieve its business goals. (321) 674-8945 | www.fit.edu/consulting | consulting@fit.edu Call Adrienne Roth at 321-951-7777 or visit BrevardBusinessNews.com for Advertising Information /# BREVARD BUSINESS NEWS / 15 BBN DIGEST N E W LO C A T IO N NEW LOCATION SAME SAME SUPERIOR SUPERIOR SERVICE SERVICE ........................................................... Raymond James We are pleased to announce that our office at 700 S. Babcock Street, Suite 101 pick up BBN Melbourne, FL 32901 9-15-08 page 16 has moved to 202 N. Harbor City Blvd., Suite 200 Melbourne, FL 32935 Our new phone numbers are 321.253.7900 866.522.9580 (Fax) [email protected] www.RaymondJames.com/Melbourne HRH pick up BBN Commercial Insurance Professional Liability #KNJMWCC CLCRQ 9-15-08 2101 S. Waverly Place page 19Scott Altenhof, ARM, AAI BREVARD BUSINESS NEWS / 16 Founders Forum will honor Brevard businessman Bernie Simpkins as its 2008 Entrepreneur of the Year at a dinner on Tuesday, Sept. 30, at the Crowne Plaza Melbourne Oceanfront in Indialantic. The event gets under way at 6 p.m. with networking. The dinner is at 7 and the presentation at 8 o’clock. Simpkins, a graduate of Vanderbilt University, is the founder of S&S Enterprises, a diversified real–estate investment and development company with holdings in 11 states. He is a philanthropist, community champion and business leader. Simpkins has a long history of cultivating the entrepreneurial spirit in others. He established the Bernard W. Simpkins Entrepreneurial Seminar Series at Brevard Community College, which has attracted successful businesspeople from around the nation to speak here. Recently, he donated $1 million to BCC to develop a formal curriculum of entrepreneurship. The September meeting is the first Founders Forum gathering in the 2008–2009 series. The cost to attend the dinner is $30 in advance and $40 at the door the evening of the program. Founders Forum is a non–profit, non–membership corporation “dedicated to fostering the success of new and existing businesses by creating an environment where entrepreneurs are motivated, educated, and encouraged to exchange ideas and information vital to business growth.” For more information or to register for the Sept. 30 function, visit www.foundersforum.com or call the Florida Small Business Development Center at 433–5570. Ginnie 800.838.4488 (Toll Free) Suite 200C Melbourne, FL 32901 Founders Forum to honor Bernie Simpkins 321-952-6463 www.hrh.com Continued from page 1 insurance doesn’t cover the full amount, Ginnie Mae makes up the difference. These bonds are sold mainly to institutions, including mutual funds. Funds that have Ginnie Mae in their names must invest at least 80 percent of their assets in Ginnie Mae–backed securities. Ginnie Maes account for about 10 percent of the mortgage–backed securities market, says Dan Newhall, a principal with Vanguard Group. Fannie and Freddie are much bigger and more diversified. They buy mortgages from lenders that are not government insured but meet certain standards. Fannie and Freddie package loans into mortgage–backed bonds and sell them to investors. Fannie and Freddie also guarantee bonds that are packaged and sold by others, as long as the mortgages meet their standards. Unlike Ginnie, Fannie and Freddie keep some bonds on their own books. They also buy and hold some mortgage securities packaged by others. Fannie and Freddie securities are found in a wide variety of bond funds including government–income funds, which are allowed to buy them even though they had no explicit government backing, at least until now. Historically, Ginnie Mae bonds have been considered safer than Fannie and Freddie securities. “You don’t have to worry about credit risk with Ginnie Maes,” says Morningstar analyst Paul Herbert. “They are backed by the full faith and credit of the U.S. government, just like a Treasury bond. That’s not the case with Fannie and Freddie, although recent steps suggest that if they don’t have the full faith and credit, they’re pretty close.” You can still lose money in a Ginnie Mae fund, Herbert adds. If interest rates rise, the price of Ginnie Mae bonds and bond funds will fall. (Conversely, if interest rates fall, bond prices will rise.) Like all mortgage securities, they are also susceptible to prepayment risk. If interest rates fall, many homeowners will refinance their mortgages and investors will get back their principal sooner than expected. “You don’t want that,” Herbert says, because it forces investors or bond–fund managers to reinvest principal at lower interest rates. Despite all the drama, Fannie and Freddie bonds haven’t done much worse than Ginnie Maes. In the past three months, a medium–term fixed–rate Ginnie Mae bond is down 0.63 percentage point, compared with a loss of 0.61 and 0.68 percentage points, respectively, for comparable Fannie and Freddie bonds. Over the past 12 months, all three are up roughly 8 percent, Newhall says. Fannie and Freddie stockholders have fared far worse. Call Adrienne Roth at 321-951-7777 or visit BrevardBusinessNews.com for Advertising Information SEPTEMBER 22, 2008 Doctors Goodwill Foundation new ad emailed SEPTEMBER 22, 2008 Call Adrienne Roth at 321-951-7777 or visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 17 BBN ADVERTISERS Some see land We see possibilities Doctors and Medical Professionals, REDUCE YOUR COMMUTE! Don’t spend all day on the road making CECU your rounds! Move to Nasa Palms Professional Center. The excellent location on W. Nasa Blvd. halfway between Holmes and Wuesthoff Hospitals in Melbourne means you’re just five minutes away—no matter where you are! 1,500—6,000 SF is available for immediate build out with plenty of parking for medical use, and it’s right outside your window rather than across the street! new ad emailed FULL COLOR Do you live in Suntree or Viera and would like to work closer to home? Move to Spyglass Plaza— a prime location on Spyglass Hill Road just minutes from the Health First complex underway on Wickham Road. 2,500—10,000 SF is available for immediate build out with parking for medical use. FOR SALE OR LEASE— ASK ABOUT NEW BUILD OUT INCENTIVES! Newton Land Development, Inc. 152 N. Harbor City Blvd., Ste 200 Melbourne, FL 32935 321-751-6850 www.NewtonLand.com [email protected] als eci p S s g n avi S Serious Saver 7%* Earn 7% APY* on balances up to $500 and 2.25% APY* thereafter. A monthly contribution and letter of commitment is required. Penalties may apply. Minimum $10 to open. Newton Premium Savings Earn 3.5% APY* on balances over $100,000 pick up and BBN 3.5%* 3.25% APY* on balances between $50,000 and 9-15-08 $100,000. Balances below $50,000 earn 1% APY*. Minimum to open is $5. page 2 FULL COLOR IRA Super Saver Earn 3% APY* on balances of $25,000 and above. Other dividends paid are 2.85% on balances between $10- $24,999, and 2.80% on balances between $0-$9,999. Minimum to open is $10. 3%* Call or click to start saving now! *Rates are subject to change. **APY=Annual Percentage Yield. All accounts require a membership savings account with a $10 deposit. Fees may reduce earnings. Membership open to everyone in the community. Federally insured by NCUA. The Most Respected Name R in Real Estate ?????? www.cag-architects.com BREVARD BUSINESS NEWS / 18 Today, choosing the r right real estate agent is more important than ever RE / MAX Alternative Realty, Inc. 141 Coconut Drive, Indialantic, FL 32903 Office: 321-777-4111 Fax: 321-779-0208 Web: www.homes-spacecoast.com Call Adrienne Roth at 321-951-7777 or visit BrevardBusinessNews.com for Advertising Information SEPTEMBER 22, 2008 BBN SPECIAL FOCUS Veterans Conference Continued from page 1 book reads: “A realistic program for getting out of debt, growing your savings, and taking control of your money and your financial future.” Even though Dicks has lived with dyslexia throughout his life, he has become one of the nation’s leading financial educators and inspirational speakers. He has a Web site (www.jamesdicks.com/military.asp) deigned to assist military members and their families with one– stop financial information. The conference is a way to “empower veterans with the tools they need to maintain self–sufficiency,” Peake said. The program will feature opportunities for attendees to meet veteran advocates from the Center for Veterans Enterprise in Washington, D.C., the U.S. Small Business Administration, NASA’s Central Industry Assistance Center, the Procurement Technical Assistance Center, Patrick Air Force Base, Brevard Small Business Assistance Council, and the Veterans Business Outreach Center. “A representative from the Center for Veterans Enterprise in Washington will talk about a new program that will be launched in October,” Peake said. “The CVE is rolling out a veteran–owned business– verification program, with special emphasis on Service– Disabled Veteran–Owned Small Businesses.” The verification logo is a marketing tool for veteran–owned businesses. Recently, Gov. Charlie Crist signed into law legislation mandating preference in state contracting for Florida’s Service–Disabled Veteran–Owned Small Businesses. The legislation, House Bill 687, aims at providing preferential treatment to service–disabled small–business owners who do business in Florida. “The new legislation begins to level the competitive field for Florida’s SDVOSBs,” Peake said. She adds, “We have this new verification program out of D.C. and a local initiative through the Technological Research and Development Authority and Paul Secor, who will be one of the conference speakers. Paul is working on developing a database of veteran–owned businesses around the state, which will help the owners access state and federal contracts.” “It has never been done before and is certainly a step in the right direction,” adds Sandy Pfrimmer, operations coordinator at the Small Business Development Center in Melbourne. Peake said that her office, which works closely with veterans who are interested in starting businesses, as well as with veterans who operate existing enterprises, “is trying to help the TRDA with its state initiative. We’re also trying to help gain visibility for the new verification program that will begin in October.” Veterans around the nation are starting businesses of all types. Mike Hogan, a service–disabled veteran who lives in Orlando and is a client of the Small Business Development Center in Melbourne, founded Road Warrior. The firm teaches veterans how to start and run mobile professional–services businesses. “These are businesses that typically require very little capital to get started,” Peake said. “Mike’s thinking is that veterans can use the skills they have learned in the military to start mobile businesses.” Hogan went to school to learn about the profession of prosthetics and orthotics (artificial limbs and braces) and earned certification in his specialty. In 1994, he and his wife Barbara opened their own mobile “limb and brace” business. For the last 14 years, they have been caring for homebound, elderly patients who found coming into a fixed facility for a limb or brace difficult. Last year, they sold the company. In May 2008, the Hogans started the Road Warrior program to teach other veterans and their spouses how to become entrepreneurs. “They are very successful entrepreneurs,” Peake said. The government encourages military veterans who want to start or grow a small business to take advantage of the SBA’s Patriot Express loan–guarantee program. Launched two years ago, Patriot Express builds on the more than $1 billion in loans the SBA guarantees annually for veteran–owned businesses, and the counseling assistance and procurement support the agency provides each year to more than 100,000 veterans, service–disabled veterans, and Guard and Reserve members. Patriot Express is a streamlined loan product based on the agency’s successful SBA Express program, but with “enhanced guaranty and interest–rate characteristics.” The Patriot Express loan is offered by the SBA’s network of participating lenders nationwide and features fast turnaround times for approvals. “Two area banks will be exhibiting at the Veterans Conference and these banks have a special focus on the Patriot loan program. Attendees will be able to have face–to–have discussions with the bankers,” Peake said. Loans are available up to $500,000 and qualify for the SBA’s maximum guaranty of up to 85 percent for loans of $150,000 or less. The SBA says nearly 15 percent of Patriot Express loans have gone to military spouses. After the loan application is approved by the bank, it is submitted to the SBA for approval. Most applications are approved by the SBA “within 24 hours.” The Patriot Express loan can be used for most business purposes, including start–up, expansion, equipment purchases, working capital, inventory or business–occupied real–estate purchases, said Pfrimmer. The program features the SBA’s lowest interest rates for business loans, generally 2.25 percent to 4.75 percent over prime, depending upon the size and maturity of the loan. At the Veterans Conference, the Small Business Development Center’s Mobile Assistance Center will be parked on site. Businessowners can tour the unit and learn about disaster preparedness and other issues dealing with “business interruption.” The unit will remain on the BCC campus in Melbourne through Thursday, Sept. 25, Peake said. Bank FIRST new ad emailed SEPTEMBER 22, 2008 Call Adrienne Roth at 321-951-7777 or visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 19 s p a c e co a s t m e d i c a l a s s o c i a t e s f o u n d a t i o n 2nd Annual Daffodil Gala Face to Face An Unforgettable Evening with The Music of Elton John & Billy Joel Dancing, Hors D’oeuvres, Open Bar, Silent Auction October 4, 2008 7 - 11 pm To Reserve Your Seat Call 321-268-4200 www.daffodilgala.com E304038 LaCita Country Club - Titusville, Florida
Similar documents
February 12, 2007 - Brevard Business News
News, 4300 Fortune Place, Suite D, West Melbourne, FL,
More information