Legislation passed by Florida Legislature in 2007, which created Sections 288.9621-288.9625 of the Florida Statutes, collectively referred to as the Florida Capital Formation Act, provided for the creation of the Florida Opportunity Fund (“FOF” or the “Fund”), initially as a fund of funds program that invests in venture capital funds. In 2009, The Florida Legislature expanded the Florida Opportunity Fund’s mandate under the Florida Capital Formation Act to create direct investment programs that invest in businesses and infrastructure projects. The Florida Opportunity Fund is sponsored by Enterprise Florida and is managed by Florida First Partners (“FFP”). 

Florida Opportunity Fund investment programs include: Fund-of-Funds Program; Clean Energy Investment Program; and Florida Venture Capital Program. Additional details regarding these programs can be found by clicking the applicable link above.