January 3, 2011

HAPPY NEW YEAR! -- Our sincerest wishes for a healthy and prosperous new year. While it is difficult to forecast, as your businesses improve, let’s all consider how we can contribute to putting unemployed Volusians back to work. Their productivity not only ensures a company’s success but also contributes to the improved health of the whole community. Let’s make it an ascending spiral and invest in our county.

SUPPORT THE ST. JOHNS RIVER; BUY A SPECIALTY LICENSE PLATE -- The St. Johns River specialty license plate is a great way to support the preservation, protection and restoration of Florida's American Heritage River. Part of the proceeds from the sale of each plate will be used to support St. Johns River Alliance programs.

TAX SAVINGS FOR ENERGY EFFICIENCY -- Here's a list of four of the green energy provisions in H.R. 4853, otherwise known as the Middle Class Tax Relief Act of 2010: 1. Extension of the tax credit for homebuilders for any home built that uses 50 percent or less energy for heating and cooling. 2. A tax credit capped at $500 to any homeowner who makes approved energy-efficiency improvements. But there's a catch. The types of improvements are categorized and capped within the overall $500 credit. For instance, there is a limit on “building envelope” improvements such as insulation, better roofs or better windows. You can deduct 10 percent of the cost of all of these improvements, but the credit cap for these dedications is $200, which can be exceeded pretty quickly. 3. A $150 credit can be obtained for installing pre-approved natural gas and oil furnaces and propane hot water boilers. 4. A $300 credit is available for a category called the “energy efficient building property.” The credit is for homes that are heated by approved electric heating pumps, natural gas systems, propane systems, oil systems, central air systems and biomass heating and water heating systems. To find what systems fit into this category, begin your research with a tax specialist.

SOLAR TRAINING AT DAYTONA STATE COLLEGE -- The Center for Community and Professional Education at Daytona State College will offer a training program on the basics of solar thermal technology. The first program will be January 5-7 from 9 a.m. to 5 p.m. A second training course will include the basics of solar installation including photo voltaic, solar thermal and hot water. This session will be January 10-14 from 9 a.m. to 5 p.m. These sessions will cover tax incentives, sales and marketing, getting into the solar electric business, products and systems review, mounting hardware, grounding, etc. Funding subsidies to an employee or a business may be available through the Center for Business Excellence (CBE). Call the CBE at 386-323-7079 for eligibility regarding these educational programs. For additional information, call 386-506-3858 or email kristb@daytonastate.edu.

ENTERPRISE FLORIDA OFFERS NEW INFOTECH MARKET NEWSLETTER – Enterprise Florida, the state’s economic development organization, has announced a new Florida Infotech Market Brief newsletter. If you’re interested in modeling, simulation and training; photonics/optics; digital media; or software and computer systems, this new publication may be for you. For information or to subscribe go to: myeflorida.com/mk/get/it_mb.

SBA OFFERS FREE ONLINE TRAINING COURSES – The Small Business Administration offers free online training courses. Topics include starting a business; finance and accounting; government contracting; SBA loan programs; business planning; surviving a slow economy; marketing and advertising, among others. For more information go to: sba.gov/training/index.html.

QUOTE OF THE WEEK – “A diplomat is a man who always remembers a woman's birthday but never remembers her age." -- Robert Frost

NEWS ITEMS WANTED! – Please send your business news items to Dave Byron, Volusia County Community Information Director, 123 W. Indiana Ave., DeLand, 32720-4612, by fax at (386) 822-5072 or by e-mail at dbyron@co.volusia.fl.us.

Division of Economic Development
700 Catalina Drive, Suite 200, Daytona Beach, FL 32114
Telephone:
386-248-8048   FAX: 386 238-4761   Toll Free: 800-554-3801

Rob Ehrhardt
Manager

doed@volusia.org