SMARTstart Microloan Program Receives Donation from Bank of Tampa

April 29, 2025

The Pasco EDC Microloan Program has distributed over 80 microloans since the program began in 2012.

PASCO COUNTY, FLORIDA (April 29, 2025) — Pasco Economic Development Council (Pasco EDC) is happy to share that the Bank of Tampa has contributed a $2,500 donation to the SMARTstart Microloan Program.

“The Bank of Tampa is deeply committed to strengthening the communities where we live, work, and play by supporting local businesses and organizations. We are incredibly proud to contribute to Pasco EDC’s Microloan Fund, helping turn the dreams of small business owners into reality,” shared Angie Gardner, Bank of Tampa Vice President/ Commercial Relationship Manager.

“The SMARTstart Microloan Program has helped over 80 businesses to date, and we are excited to see more business growth in the future thanks to this program that would not be possible without generous donors like the Bank of Tampa,” said Bill Cronin, Pasco EDC President/CEO.

The Microloan Program gives entrepreneurs the funds they need to start or grow their business. The goal of the Microloan Program is to strengthen the Pasco County economy and create more job opportunities. Since the program began, it has assisted over 80 local businesses create over 275 direct jobs. To qualify for a microloan, businesses must be headquartered in Pasco County. Funds can be used for purchasing inventory and machinery, working capital, supplies, and more.

Last week, Pasco EDC hosted the third annual Microloan Breakfast to give financial professionals an update on the program. At the event, two microloan recipients shared their successes with the audience. One of the presenters included Chief Master Antonio Rodriguez, Microloan Recipient and Co-Owner of Elite 360 Studio. He said, “The SMARTstart Microloan Program from Pasco EDC was a true game-changer for Elite 360 Studio. The funding and support we received allowed us to invest in the equipment and resources essential to our growth. Beyond financial assistance, the program expanded our network and connected us with invaluable local resources. Pasco EDC’s commitment showed us they genuinely care about our success. We’re proud to be part of a community that champions and empowers small businesses.”

If your business is interested in learning more about or making a donation to the Microloan Program, visit www.smartstartpasco.com/microloan or contact Dan Mitchell, the SMARTstart Program Director, at dmitchell@pascoedc.com.

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About Pasco Economic Development Council
The Pasco Economic Development Council is committed to developing Florida's most competitive climate for business growth by providing businesses, that seek to start, move, or grow in the North Tampa Bay area, a comprehensive suite of programs that can help them to reach their full economic potential.  Since 1987, Pasco EDC has fostered a strong partnership funded by corporate and public investors focused on the economic vitality of Pasco County.  Discover more at www.pascoedc.com.