Grand Rapids
Michigan

GR Agenda Item

Approval of Gateway Services Agreement with the Michigan State University

Information

Department:Economic Development Staff (Internal Items)Sponsors:
Category:Agenda Action Request

Content A

Attached is a Gateway Services Agreement with the Board of Trustees of Michigan State University (MSU) for the provision of gateway services.

 

On February 26, 2019, the Michigan Strategic Fund (MSF) awarded a $100,000, one-year Business Incubator Grant (the “Gateway Grant”) to the Grand Rapids SmartZone Local Development Finance Authority (LDFA), and on April 19, 2019, the SmartZone LDFA approved a Grant Agreement with the MSF.  To identify a subcontractor to provide gateway services, the SmartZone LDFA issued a Request for Qualifications, and on April 19, 2019, they reviewed and approved a proposal from MSU.

 

At the time MSU’s proposal was approved, the SmartZone LDFA requested a plan detailing how MSU will reach out to entrepreneurs outside the university community, particularly within historically marginalized populations. MSU’s has proposed the following process to develop such a plan.

 

·         Set up listening meetings/focus group to assess ideas for reaching marginalized populations outside the universities.

·         Establish relations with key groups that touch marginalized populations and attend their events when available.  These groups would include SpringGR, West Michigan Hispanic Chamber of Commerce, ACRE Ag/Tech, Grand Rapids Area Black Businesses (GRABB), Goei Center, Hispanic Center of West Michigan, Asian American Association of West Michigan, Grandville Avenue Arts & Humanities/Cook Library, LINC, Westside Collaborative, etc.

·         Establish technology scouts within these groups to be responsible for identifying ideas that would meet the technology criteria under the Gateway Grant.

·         Engage the technology scouts on a quarterly basis to assess and report out how the companies coming from these groups are doing and how the ecosystem can be of help.

 

Staff recommend approval of the Gateway Services Agreement in the form presented at this meeting with such modifications not materially adverse to the SmartZone LDFA approved as to content by the Executive Director or her designee and as to form by SmartZone LDFA legal counsel.

 

KLW/em

 

Attachments

Content C

CITY OF GRAND RAPIDS SMARTZONESM

LOCAL DEVELOPMENT FINANCE AUTHORITY

 

RESOLUTION APPROVING AND AUTHORIZING EXECUTION OF A GATEWAY SERVICES AGREEMENT WITH THE BOARD OF TRUSTEES OF MICHIGAN STATE UNIVERSITY

 

              Boardmember                     , supported by Boardmember                     , moved the adoption of the following resolution:

 

              WHEREAS:

 

1.     The Michigan Strategic Fund (the “MSF”) solicited requests for proposals (the “RFP”) for a one-year grant to sustain and enhance the existing economic environment and implement components of an existing regional incubator program (the “Grant Activities”); and

 

2.     The City of Grand Rapids SmartZoneSM Local Development Finance Authority (the “SmartZoneSM LDFA”) responded to the RFP and was selected by the MSF to receive a $100,000, one-year gateway grant (the “Grant”); and

 

3.     The SmartZoneSM LDFA sought proposals for the servicing of the Grant Activities (the “Services”) and selected the proposal from Michigan State University; and

 

4.     The SmartZoneSM LDFA and the Board of Trustees of Michigan State University have agreed to enter into a Gateway Services Agreement (the “Agreement”) related to the performance of the Services.

 

              NOW, THEREFORE, IT IS HEREBY RESOLVED:

 

1.     That the Agreement in the form presented at this meeting is approved with such modifications not materially adverse to the SmartZoneSM LDFA approved as to content by the SmartZoneSM LDFA’s Executive Director and as to form by the SmartZoneSM LDFA’s legal counsel; and

 

2.     That the SmartZoneSM LDFA’s Chairperson is authorized and directed to execute the Agreement for and on behalf of the SmartZoneSM LDFA.

 

3.     That all resolutions and parts of resolutions insofar as they conflict with the provisions of this resolution be, and the same are, hereby rescinded.

 


YEAS:                            Boardmembers                                                                                                                              

 

                                                                                                                                                                                     

 

NAYS:              Boardmembers                                                                                                                              

 

ABSTAIN:              Boardmembers                                                                                                                             

 

ABSENT:              Boardmembers                                                                                                                              

 

 

RESOLUTION DECLARED ADOPTED.

 

 

Dated:  May 17, 2019                                                                                                                                           

                                                                                                  Jerry Callahan, Secretary

 

 

CERTIFICATION

 

              I, the undersigned duly qualified and acting Secretary of the City of Grand Rapids SmartZoneSM Local Development Finance Authority (the "Authority"), do hereby certify that the foregoing is a true and complete copy of a resolution adopted by the Board of Directors of the Authority at a meeting held on May 17, 2019, and that public notice of the meeting was given pursuant to, and in accordance with, Act 267 of the Public Acts of Michigan of 1976, as amended.

 

 

Dated:  May 17, 2019                                                                                                                                           

                                                                                                  Jerry Callahan, Secretary