Title:
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Approve and authorize the Chairman to execute the Seminole County Government - the National Entrepreneur Center Master Services Agreement in the amount of $45,000 for the purpose of providing small businesses and entrepreneurs access to professional business assistance, quality educational programming, and practical industry expertise in Seminole County. Countywide (Guilherme Cunha, Economic Development & Tourism Administrator)
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Division:
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Innovation and Strategic Initiatives - Economic Development
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Authorized By:
Guilherme Cunha, Administrator
Contact/Phone Number:
Guilherme Cunha/407-665-2901
Background:
The National Entrepreneur Center is dedicated to the development, growth, and success of small businesses in Central Florida.
The National Entrepreneur Center assists entrepreneurs and small businesses in receiving support and services that enable them to develop a strong Central Florida business community.
A variety of economic development performance standards are outlined in the Agreement, all related to the goal of supporting Seminole County with diversification and expansion of the local economy.
Performance standards include:
Maintaining and expanding the BizLink platform to support the needs of local business owners and aspiring entrepreneurs in Seminole County;
Provide educational workshops for small business owners and entrepreneurs in Seminole County covering topics to include international trade and Main Street small business coaching;
Provide one-on-one, in-person, coaching and mentoring sessions to Seminole County small business owners and aspiring entrepreneurs on small business creation and growth, business plans, and internationalization;
Provide annual reports which shall include, but not be limited to, recommendations relative to the continuing development and operation of the National Entrepreneur Center, main export markets, and products or services from Seminole County,
Provide quarterly reports which shall include, but not be limited to, key performance indicators (KPI), including the number of BizLink users in Seminole County, number of workshops delivered in Seminole County including location with topic and number of participants, number of one-on-one in-person coaching or mentoring sessions with name, industry, and jurisdiction of business, providing information pertinent to any other performance indicators;
Provide monthly web conferences with the Economic Development Team sharing information on some of the above-mentioned KPIs;
Provide a verbal report to the Board of County Commissioners.
The funding request is $45,000 for FY2023/24. This amount has been budgeted within the County's Economic Development budget.
Requested Action:
Staff recommends that the Board approve and authorize the Chairman to execute the National Entrepreneur Center Master Services Agreement in the amount of $45,000 for the purpose of providing small businesses and entrepreneurs access to professional business assistance, quality educational programming, and practical industry expertise in Seminole County.