Daniella understands that our economic recovery begins with a sustainable, data-driven responsible reopening plan that avoids disruption and the failed stop-and-go efforts by the current administration. This is achieved by working with our business leaders and diverse industry sectors and sharing real-time data from both public health and economic forecasters. This ensures we stay ahead of the virus and plan accordingly with subject matter expertise guiding our decision-making processes.
Our community’s next economic expansion will come from the ground up, and Daniella has a detailed set of plans to channel investment to our small business community by redirecting economic development dollars to prioritize assistance for small businesses, developing a permanent financing vehicle for contract-based loans, and building equipment banks to share resources among small businesses. Daniella will take her successful Small Business Academy and Business Accelerator in District 8 countywide to lift up opportunities for businesses throughout Miami-Dade County.
Daniella’s economic recovery plan will bring our community together to support local startups and entrepreneurs. Through strong collaboration with our many local economic development organizations like Chambers of Commerce, Beacon Council, CareerSource, and the nonprofit community, we can maximize our resources to hire and deploy staff to help small businesses apply for SBA loans and other publicly and privately available loan and grant opportunities. Additionally, she will ensure that local institutions that receive public funding include local small businesses in their purchasing pools.
In her effort to create an economic recovery for all, Daniella will make sure that Miami-Dade County leads by example by dedicating 5% of county procurement contracts to businesses under 5 years old, with special considerations for Minority-, Women-, and Veteran-Owned Business Enterprises, strengthening our local preference measures, and build a local marketplace for small businesses in Miami-Dade County. Finally, Daniella will build an Office for Equity and Inclusion to ensure that previously underserved communities are no longer left behind.
Daniella will put the full resources of Miami-Dade County behind our small business community by forming a consortium of academic institutions that can assign students and faculty to work with small businesses and entrepreneurs to provide them with marketing, accounting, sales, and technical assistance. She will continue to expand our SCORE and Small Business Development Center at Florida International University to incentivize a robust mentoring program as part of the procurement process, and will champion business ecosystems to streamline and help our business community pool resources, lower costs, and increase productivity.
Daniella knows that Miami-Dade County has the potential to be a global hub of new business, and will invest in the entrepreneurial spirit of our community by making Miami-Dade County’s revolving small business loan program, RISE, permanent. For the next generation of job creators, Daniella will work with MDCPS and local universities to continue integrating entrepreneurship into K-16 education to expand immersive, hands-on, programs for young entrepreneurs. Her initiative to move high school graduates into trade programs will also be expanded in order to make sure that every resident in our community has a shot at the American Dream.
Providing resources to our small businesses is not a handout, it’s an investment. Daniella will grow Miami-Dade County’s Economic Advocacy Trust grant program for Black-owned small business enterprises to subsidize the tax payments of qualified entities and will create a pooled lending consortium amongst banks and credit unions with an underlying government guarantee that will help write down the cost of risk and expand access to capital for our business community.