FL S0398

Expands Florida's Microfinance Guarantee Program to include "small technology companies" alongside entrepreneurs and small businesses for loan access

Defines "small technology company" as a Florida-based business with annual gross revenues of $250,000 or less, net worth under $1 million, and primarily engaged in solar energy, biotechnology, biofuel, commercial space flight, or simulation software/sensor production

Appropriates $50 million in nonrecurring General Revenue funds for fiscal year 2016-2017 exclusively to guarantee loans for qualifying small technology companies

Requires Enterprise Florida, Inc. to promote the program to financial institutions and establish lending partnerships to maximize participation statewide

Mandates annual reporting on program performance, including jobs created, loan guarantees issued, and credit availability assessment for participating businesses