Loading...
Agenda 09/24/2019 Item #16F 5 (strategic Alliance Memorandum w/Small Business Administration)09/24/2019 EXECUTIVE SUMMARY Recommendation to approve and authorize the Chairman to sign the Strategic Alliance Memorandum with the U.S. Small Business Administration to enhance efforts to support the Collier County small business community. OBJECTIVE: To approve the Strategic Alliance Memorandum (SAM) with the U.S. Small Business Administration (SBA). CONSIDERATIONS: The U.S. Small Business Administration has proposed a collaboration with the Collier County Board of County Commissioners to foster an environment for entrepreneurs to be successful in starting, growing, and succeeding in business. The SAM is a collaboration that will focus on economic development with several initiatives designed to strengthen and expand businesses in the Collier County community utilizing SBA’s programs and services, SBA’s resource partner and organization network, as well as local, state, and federal stakeholders. Through the SAM, the SBA and BCC proposes several overarching small business goals. First, to increase the utilization of SBA lending programs through education initiatives focused on financial capacity building and access to capital sources. An emphasis will be placed on exporting, asset -based lending and 7(a) lending, bonding, and private equity partners. Second, to Increase awareness and responsiveness for the small businesses to recover from a disaster. An emphasis will be placed on the importance of disaster preparedness, continuity of operations planning, the FEMA and SBA disaster assistance lending process, and partner resources for counseling and technical assistance throughout the disaster recovery. The following are examples of initiatives that will be facilitated using workshops and partner education: • Exporting Opportunities • Understanding the value of exporting and available resources. • Evaluating: Is Exporting for You? - Are You Export Ready? What is the Process? • Scaling Your Business through Exporting • Export and International Trade Financing - Becoming bankable, lending criteria, sources of funding and how to access the funds. • The USEAC - Market research assistance and how to access foreign markets. • Enterprise Florida and the U. S. Department of Commerce: Trade marketing and how to secure partial funding for marketing materials and participate in the Gold Key Service. • Disaster Assistance • Why Be Prepared with a Continuity of Operations Plan? • Planning Assistance - Resource partners available to counsel and provide assistance in evaluating business risks and foreseeable challenges. • FEMA Grants, SBA Disaster Assistance Loans - How Do They Work? Where Do I Access the Funds? • Marketing Disaster Preparedness: Create a disaster assistance program for the government channel highlighting City Government, FEMA and SBA experts discussing the impact no disaster preparations and the next steps to recover. 16.F.5 Packet Pg. 2455 09/24/2019 • Lending and Procurement • Real Estate-Asset Based Lending - Why SBA’s 504 Program is the Best Kept Secret to Creating Jobs and Retaining Them. • Small Business Investment Companies (SBIC) - Private Equity - With over 146 active SBICs nationally with diverse portfolio lending it is worth learning if private equity capital is right for you and how to access the funding for a variety of ventures such as real estate and technology. • Understanding the Surety Bond Process and How to Access the Funding. • Procurement Opportunities: Is this Your Next Step? Using Local, State, and Federal opportunities to Scale Your Business. • Understanding How to Use the Certifications for Small Business Set-A-Sides and How to Use the Procurement Technical Assistance Center. The mission of the SBA is to aid, counsel, assist and protect the interests of small business by providing financial, contractual and business development assistance and advocating on their behalf within the government. SBA district offices deliver SBA programs and services to the public. The SBA and BCC have separate services and resources which, when delivered in coordination with each other, will provide maximum benefits to the small business communities served. FISCAL IMPACT: There is no immediate fiscal impact of this item. Collier County provides a variety of programming and incentives through several funds associated with economic development. GROWTH MANAGEMENT IMPACT: This request is consistent with Objective 3 of the Economic Element of the Collier County Growth Management Plan which states: “Collier County will support programs which are designed to promote and encourage the recruitment of new industry as well as the expansion and retention of existing industries in order to diversify the County’s economic base.” LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, is approved as to form and legality, and requires a majority vote for Board action. -JAK RECOMMENDATION: To approve and authorize the Chairman to sign the Strategic Alliance Memorandum with the U.S. Small Business Administration to enhance efforts to support to the Collier County small business community. Prepared by: Sean Callahan, Executive Director, Corporate Business Operations ATTACHMENT(S) 1. Strategic Alliance Memorandum (PDF) 16.F.5 Packet Pg. 2456 09/24/2019 COLLIER COUNTY Board of County Commissioners Item Number: 16.F.5 Doc ID: 10168 Item Summary: Recommendation to approve and authorize the Chairman to sign the Strategic Alliance Memorandum with the U.S. Small Business Administration to enhance efforts to support the Collier County small business community. Meeting Date: 09/24/2019 Prepared by: Title: – County Manager's Office Name: Sean Callahan 09/13/2019 9:39 PM Submitted by: Title: County Manager – County Manager's Office Name: Leo E. Ochs 09/13/2019 9:39 PM Approved By: Review: County Manager's Office Sean Callahan Additional Reviewer Completed 09/13/2019 9:39 PM Office of Management and Budget Valerie Fleming Level 3 OMB Gatekeeper Review Completed 09/16/2019 8:30 AM Budget and Management Office Ed Finn Additional Reviewer Completed 09/16/2019 9:55 AM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 09/16/2019 9:57 AM County Manager's Office Leo E. Ochs Level 4 County Manager Review Completed 09/16/2019 2:34 PM Board of County Commissioners MaryJo Brock Meeting Pending 09/24/2019 9:00 AM 16.F.5 Packet Pg. 2457 16.F.5.a Packet Pg. 2458 Attachment: Strategic Alliance Memorandum (10168 : SBA Strategic Alliance Memorandum) 16.F.5.a Packet Pg. 2459 Attachment: Strategic Alliance Memorandum (10168 : SBA Strategic Alliance Memorandum) 16.F.5.a Packet Pg. 2460 Attachment: Strategic Alliance Memorandum (10168 : SBA Strategic Alliance Memorandum) 16.F.5.a Packet Pg. 2461 Attachment: Strategic Alliance Memorandum (10168 : SBA Strategic Alliance Memorandum) 16.F.5.a Packet Pg. 2462 Attachment: Strategic Alliance Memorandum (10168 : SBA Strategic Alliance Memorandum)