Orange County NC Website
ORANGE COUNTY <br />BOARD OF COMMISSIONERS <br />ACTION AGENDA ITEM ABSTRACT <br />Meeting Date: November 5, 2009 <br />Action Agenda <br />Item No. ~- - e <br />SUBJECT: 2009-2010 Small Business and Contract Renewal <br />DEPARTMENT: Economic Development PUBLIC HEARING: (Y/N) No <br />ATTACHMENT(S): <br />A. SBTDC Contract <br />INFORMATION CONTACT: <br />Brad Broadwell, 245-2306 <br />Yvonne Scarlett, 245-2325 <br />PURPOSE: To renew a contract to continue support of small business development services <br />for Orange County as stated in the Economic Development Strategic Plan adopted May 14, <br />1996 and reaffirmed by the Economic Development Commission in its new strategic plan, <br />Investing in Innovation: 2005-2010. <br />BACKGROUND: A primary goal of the Economic Development Commission since its <br />inception has been providing assistance to small businesses to enable them to grow and <br />prosper in Orange County. The Small Business and Technology Development Center <br />(SBTDC) provides significant services to local businesses and has operated under contract <br />with Orange County since 1990. The contract provides for $10,000 to be paid on or about <br />November 15, 2009. <br />For the period July 2008 through June 2009, the SBTDC served 201 Orange County clients for <br />a total of 2,335 hours of counseling time. The SBTDC also presented 19 training events - <br />serving 541 attendees including 40 minorities, 92 women, 1 veteran -with 55 attendees <br />currently in business. <br />FINANCIAL IMPACT: The annual budget for the Economic Development Commission <br />approved for Fiscal Year 2009-10 includes $10,000 for professional contract services for the <br />renewal of this contract with the SBTDC. <br />RECOMMENDATION(S): The Manager recommends that the Board approve the contract <br />renewal and authorize the Manager and the Clerk to the Board to execute the contract. <br />