Palm Coast City Council approved transferring a $1 million forgivable loan and a $1.5 million grant to Jacksonville University to help establish an education center in Palm Coast.
The Palm Coast Observer, a Jacksonville Daily Record sister publication, reported the approval was made March 2.
The university will build-out a 6,000-square-foot space in an existing building to create classrooms, labs and office space.
The grant and loan also will be used to provide for 20-30 staff members at an average annual salary of $67,000; technology resources; and marketing and recruitment support.
The Flagler County site will be the first campus outside Jacksonville in the institution’s 86-year history.
“Minority-owned Business: Essentials for Success,” was the latest edition of the virtual Florida State College at Jacksonville Business Speaker Series presented by First Florida Credit Union.
Moderated by FSCJ professor of logistics and distribution Johnny Bowman Jr., the Dec. 9 panel comprised three entrepreneurs and Carlton Robinson, chief innovation officer at JAX Chamber’s JAXUSA Partnership economic development division.
Robinson said one of the keys to success is to approach establishing and building a small business without focusing on being a member of a minority group.
“You can’t build your business to be a minority business. Resources are available, but be a business first,” he said.