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Backup Documents 05/26/2020 Item #11AORIGINAL DOCUMENTS CHECKLIST & ROUTING SLIP TO ACCOMPANY ALL ORIGINAL DOCUMENTS SENT TO THE BOARD OF COUNTY COMMISSIONERS OFFICE FOR SIGNATURE Print on pink paper. attach to original document. The completed routing slip and original documents are to be fonrarded to the County Attorney Office at the time the item is placed on the agenda. All completed routing slips and original documents must be received in the County Attorney Office no later than Monday preceding the Board meeting. **NEW** ROUTING SLIP Complete routing lines 41 through #2 as appropriate for additional signatures, dates, and/or information needed. If the document is already complete with the exception of the Chairman's si ature, draw a line through routing lines # 1 through #2 complete the checklist and forward to the Coun Attomey Office Route to Addressees (List in routing order) Office Initials Date 1. 2. 3. County Attorney Office County Attorney Office SRT 06/5/20 4. BCC Office Board of County Commissioners is ' S' 5. Minutes and Records Clerk of Court's Office tl�p Ili PRIMARY CONTACT INFORMATION Normally the primary contact is the person who created/prepared the Executive Summary. Primary contact information is needed in the event one of the addressees above, may need to contact staff for additional or missing information. Name of Primary Staff Sean Callahan/County Manager's Office Contact Information 239-252-8348 Contact / Department Agenda Date Item was Agenda Item Number 11 A Approved by the BCC Type of Document Agreement wit the Florida Gulf Coast Number of Original 1 Attached University School of Entrepreneurship for Documents Attached programmatic support to the Collier County Accelerator project, in the annual amount of $377,651.29 PO number or account N/A number if document is to be recorded INSTRUCTIONS & CHECKLIST Initial the Yes column or mark "N/A" in the Not Applicable column, whichever is Yes N/A (Not appropriate. Initial Applicable) 1. Does the document require the chairman's original signature STAMP OK N/A 2. Does the document need to be sent to another agency for additional signatures? If yes, N/A provide the Contact Information(Name; Agency; Address; Phone on an attached sheet. 3. Original document has been signed/initialed for legal sufficiency. (All documents to be SRT signed by the Chairman, with the exception of most letters, must be reviewed and signed by the Office of the County Attorney. 4. All handwritten strike -through and revisions have been initialed by the County Attorney's SRT Office and all other parties except the BCC Chairman and the Clerk to the Board 5. The Chairman's signature line date has been entered as the date of BCC approval of the SRT document or the final negotiated contract date whichever is applicable. 6. "Sign here" tabs are placed on the appropriate pages indicating where the Chairman's SRT signature and initials are required. 7. In most cases (some contracts are an exception), the original document and this routing slip SRT should be provided to the County Attorney Office at the time the item is input into SIRE. Some documents are time sensitive and require forwarding to Tallahassee within a certain time frame or the BCC's actions are nullified. Be aware of your deadlines! 8. The document was approved by the BCC on 5/26/2020 and all changes made during SRT N/A is not the meeting have been incorporated in the attached document. The County an option for Attorne 's Office has reviewed the changes, if applicable. s line. 9. Initials of attorney verifying that the attached document is the version approved by the A is not BCC, all changes directed by the BCC have been made, and the document is ready for the option for Chairman's signature. I this line. r 114 Ann P. Jennejohn From: Sent: To: Subject: Attachments: Good Morning Sean, Ann P. Jennejohn Monday, June 8, 2020 9:10 AM CallahanSean Item #11A (5-26-20 BCC Meeting) Item #11A (5-26-20 BCC Meeting).pdf An executed copy of Item *11A, from tke May 26, 2020 13CC Meeting, is attacked for your records. Tkank you. Ann Jennejohn BMR Senior Deputy Clerk Clerk to the Value Adjustment Board Office: 239-252-8406 Fax: 239-252-8408 (if applicable) Ann.Jenneiohn@CollierClerk.com Office of the Clerk of the Circuit Court & Comptroller of Collier County 3299 Tamiami Trail, Suite #401 Naples, FL 34112-5324 www.CollierClerk.com 1 AGREEMENT BETWEEN THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA FLORIDA GULF COAST UNIVERSITY BOARD OF TRUSTEES FOR THE NAPLES ACCELERATOR COHORT TRAINING PROGRAM THIS AGREEMENT, made and entered into on this ,24*day of ftV 2020, by and between Florida Gulf Coast University Board of Trustees, a public boy corporate of the State of Florida, whose business address is 10501 FGCU Blvd S, Fort Myers, FL 33965 ("FGCU ') and the Board of County Commissioners of Collier County, a political subdivision of the State of Florida, (the "COUNTY' or "BCC") (collectively the "Parties"). WHEREAS, on September 10, 2013, Agenda Item I I.C, the BCC approved the Office of Business & Economic Development's FY 14 Business Plan, which included a goal of developing a Business Accelerator program; and WHEREAS, Policy direction provided by the BCC at its November 26, 2013 and December 10, 2013, meetings culminated in the May 13, 2014, approval of the Collier County Innovation Accelerator Business Plan, including authorizing its implementation; and WHEREAS, the BCC has determined that it is in the best interests of Collier County to continue Accelerator Project efforts that support and further the goals and objectives identified in the BCC 2017 Strategic Plan for economic diversification; and WHEREAS, the BCC has determined that the FGCU's operation of the Naples Accelerator Cohort Training Program will enhance regional partnerships and the entrepreneurial ecosystem in Southwest Florida, making the region overall more marketable to business; and WHEREAS, the BCC enjoys broad Home Rule Powers, which include the authority to enter into agreements to enhance economic development within Collier County; and WHEREAS, Section 125.045, Florida Statutes (County economic development powers) provides, in part, as follows: "(1) The Legislature finds and declares that this state faces increasing competition from other states and other countries for the location and retention of private enterprises within its borders. Furthermore, the Legislature finds that there is a need to enhance and expand economic activity in the counties of this state by attracting and retaining manufacturing development, business enterprise management, and other activities conducive to economic promotion, in order to Agreement between the Board of County Commissioners of Collier County, Florida, and Florida Gulf Coast University Board of Trustees for Naples Accelerator Cohort Training Program GC449824_19 Page 1 of 14 provide a stronger, more balanced, and stable economy in the state; to enhance and preserve purchasing power and employment opportunities for the residents of this state; and to improve the welfare and competitive position of the state. The Legislature declares that it is necessary and in the public interest to facilitate the growth and creation of business enterprises in the counties of the state. (2) The governing body of a county may expend public funds to attract and retain business enterprises, and the use of public funds toward the achievement of such economic development goals constitutes a public purpose. The provisions of this chapter which confer powers and duties on the governing body of a county, including any powers not specifically prohibited by law which can be exercised by the governing body of a county, must be liberally construed in order to effectively carry out the purposes of this section. (3) For the purposes of this section, it constitutes a public purpose to expend public funds for economic development activities, including, but not limited to, developing or improving local infrastructure, issuing bonds to finance or refinance the cost of capital projects for industrial or manufacturing plants, leasing or conveying real property, and making grants to private enterprises for the expansion of businesses existing in the community or the attraction of new businesses to the community"; and WHEREAS, the BCC has adopted an Accelerator Project with the specific purpose of diversifying the economy and enhancing the employment opportunities and careers of Collier County citizens. NOW, THEREFORE, in consideration of the mutual promises and covenants herein contained, it is agreed by the Parties as follows: 1. FGCU's School of Entrepreneurship (the "SOE") will provide entrepreneurial programming and mentorship for entrepreneurs participating in the Naples Accelerator Cohort Training Program ("PROGRAM"). 2. Programming will include training modules covering certain areas of entrepreneurship such as the lean startup process, technology and innovation, business modeling, venture launch and growth, venture capital, and other critical tools and skills for entrepreneurs based on the needs of entrepreneurs in the PROGRAM. 3. Mentorship, which is paired with each module, will take place through in person and virtual office hours, where the SOE faculty and staff will meet with entrepreneurs in the PROGRAM on an individual (or company) basis to answer specific questions related to their companies. 4. After the PROGRAM is successfully transitioned to programmatic operation by the SUE, FGCU may provide additional programmatic instruction at the PROGRAM facility, which may include the FGCU Complete and Renaissance Academy Programs. Agreement between the Board of County Commissioners of Collier County, Florida, and Florida Gulf Coast University Board of Trustees for Naples Accelerator Cohort Training Program GC449824_19 Page 2 of 14 1� 5. FGCU's SOE will be responsible for programming, mentorship, and operations to host the program. The Parties will jointly develop an annual marketing plan for the program outlining the specific roles, responsibilities, and strategies to meet the established program requirements. a. The SOE Faculty and Staff will act as mentors and administrators for the PROGRAM; b. Additional employees will be hired to support this PROGRAM and will rotate with existing faculty and staff to work in the PROGRAM; and c. Potential participant(s) teach/mentor at FGCU's SOE. 6. The BCC will be in charge of building maintenance, rent, and funding the PROGRAM through FGCU's SOE. 7. All applicants, including new, virtual, and existing tenants, to the PROGRAM will be reviewed and may be accepted by SOE, in consultation with the BCC staff designee. 8. Those new tenants who are FGCU SOE Runway Program Alumni and are accepted into the PROGRAM will not be charged rent for six (6) months as long as they operate their business in Collier after the PROGRAM. If a tenant does not launch a business, they are not obligated to repay the six (6) months' rent. If a tenant launches a business but does not operate the business in Collier, they will have to repay the six months' rent. 9. FGCU will not be held responsible regarding the failure of the FGCU SOE Runway Program Alumni to comply with the obligations herein. 10. Participants must complete deliverables and meet their goal at the end of the 6-months to be eligible to compete in the final pitch competition. 11. SOE will only be held accountable, with respect to PROGRAM outcomes and metrics that are specified in this contract, for the tenants who are selected to be included in the six- month PROGRAM. This shall not preclude other PROGRAM participant(s) from taking advantage of programming being offered at the facility. 12. All tenants of the PROGRAM will need to sign a contract to release their company's performance data so as to enable the SOE to report on PROGRAM outcomes and metrics. 13. Before expiration of the existing Kraft Center lease in October 2020, the Parties agree to pursue a mutually agreed upon location (new or existing) to host these programs and activities. Agreement between the Board of County Commissioners of Collier County, Florida, and Florida Gulf Coast University Board of Trustees for Naples Accelerator Cohort Training Program GC449824 19 Page 3 of 14 �CA0 ! lA WITNESSETH: 1. TERM OF AGREEMENT. The Agreement shall be for a two (2) year period, commencing within sixty (60) days after the date of the Notice to Proceed and terminating two (2) years from that date or until all outstanding invoice(s) or Purchase Orders issued prior to the expiration of the Agreement period have been completed or terminated. The BCC may, at its discretion and with the consent of FGCU, renew the Agreement under all terms and conditions contained in this Agreement for two (2) additional two (2) year periods. The BCC shall give FGCU ninety (90) days written notice of the BCC's intention to renew the Agreement term prior to the end of the Agreement term then in effect. ,NItematively, oF in addition to arena", t County Manager-, of his designee, may, at his . de signee, The Coun" aeage�-eF his ., *2. COMMENCEMENT OF SERVICES. FGCU shall commence the start-up PROGRAM services within sixty (60) days after issuance of the Notice to Proceed. During this time, SOE will develop the PROGRAM material, hire faculty, perform training, and marketing within FGCU students and alumni, review applications, and perform all other start-up processes. "These start-up PROGRAM services are encompassed in the total cost provided they are invoiced. The first PROGRAM cohort will officially start at the PROGRAM location on July 1, 2020, provided the Notice to Proceed is effective on or before May 2. 2020. 3. SCOPE OF SERVICES. The intent of this Agreement is to provide training and mentorship for entrepreneurs participating in the PROGRAM. The PROGRAM will run in six (6) month cohorts. Since the success rate for these programs averages thirty-five percent (35%), more participants will be accepted to increase the number of companies successfully completing the PROGRAM and thus increasing the economic impact for the BCC. FGCU will be responsible for programming, mentorship, marketing of the PROGRAM, and operations to host the PROGRAM. FGCU faculty and staff will act as mentors and administrators for the PROGRAM. Additional employees will be hired by FGCU to support the PROGRAM and will rotate with existing faculty and staff to work in the PROGRAM. The BCC will be responsible for the building maintenance, rent, and funding of the PROGRAM as set forth herein. The Parties will jointly develop an annual marketing plan for the PROGRAM outlining the specific roles, responsibilities and strategies to meet the established PROGRAM requirements. This Agreement does not encompass any obligations to the PROGRAM unless agreed to Agreement between the Board of County Commissioners of Collier County, Florida, and Florida Gulf Coast University Board of Trustees for Naples Accelerator Cohort Training Program GC449824 16 Page 4 of 14 CA IIA by the Parties in writing. 4. THE AGREEMENT SUM. The services provided under this Agreement will be paid in accordance with the annual budget, outlined in EXHIBIT B. Payments will be made to FGCU for services provided, including start-up PROGRAM services, upon receipt of a proper invoice(s) and subject to approval by the County's Contract Administrative Agent/Project Manager, and in compliance with Chapter 218, Fla. Stats., otherwise known as the "Local Government Prompt Payment Act," which is anticipated to be within forty-five (45) days (§218.74) from the date of receipt of a proper invoice. 5. NOTICES. All notices from the BCC to FGCU shall be deemed duly served if mailed or emailed to FGCU at the following: Florida Gulf Coast University Board of Trustees Address: 10501 FGCU Blvd S Fort Myers, FL 33965 Authorized Agent: Sandra Kauanui Attention Name and Titles: Director, School of Entrepreneurship Telephone: 239-590-7433 Email: :i(QUi nul i_ (iP, t Cu_f dj All Notices from FGCU to the BCC shall be deemed duly served if mailed or emailed to the BCC at: Board of County Commissioners for Collier County, FL Division Director: Sean Callahan Division Name: Corporate Business Operations Address: 3299 Tamiami Trail E, Ste 200 Naples, FL 34112 Telephone: 239-252-8383 Email(s): �za►� I�ttulu iolliercuwtt tt ]u� 6. NO PARTNERSHIP. Nothing herein contained shall create or be construed as creating a partnership between the BCC and FGCU or constitute FGCU as an agent of the BCC. 7. NO IMPROPER USE. FGCU will not use, nor suffer or permit any person to use in any manner whatsoever, the BCC's facilities for any improper, immoral use or in violation of any municipal ordinance, rule, order or regulation, or of any governmental real or regulation now in effect of hereafter enacted or adopted. In the event of such violation by FGCU or if the BCC or its authorized representative shall deem any conduct on the part of FGCU to be objectionable or improper, the BCC shall have the right to suspend the Agreement with FGCU. Should FGCU fail to correct any such violation, conduct or Agreement between the Board of County Commissioners of Collier County, Florida, and Florida Gulf Coast University Board of Trustees for Naples Accelerator Cohort Training Program GC449824 19 Page 5 of 14 practice to the satisfaction of the BCC within twenty-four (24) hours after receiving notice of such violation, conduct, or practice, such suspension shall continue until the violation is cured. FGCU further agrees not to commence operations during the suspension period until the violation has been corrected to the satisfaction of the BCC. 8. TERMINATION. Should FGCU be found to have failed to perform its services in a manner satisfactory to the BCC as per this Agreement, the BCC may terminate said Agreement for cause; further the BCC may terminate this Agreement for convenience with a nine 90 day written notice. The BCC shall be the sole Zc) judge of non-performance. Notwithstanding, FGCU will be provided an opportunity to address perceived issues of non-performance. 6V In the event that the BCC terminates this Agreement, FGC11's recovery against the BCC shall be limited to that portion of the Agreement Amount earned through the date of termination. FGCU shall not be entitled to any other or further recovery against the BCC, including, but not limited to, any damages or any anticipated profit on portions of the services not performed. 9. NO DISCRIMINATION. FGCU agrees that there shall be no discrimination as to protected class, including, but not limited to race, sex, color, creed, or national origin. 10. INSURANCE. FGCU shall provide insurance consistent with the insurance provided by the State of Florida Division of Risk Management: Workers' Compensation: Insurance covering all employees meeting Statutory Limits in compliance with the applicable state and federal laws. The coverage must include Employers' Liability. All insurance shall be obtained from responsible companies duly authorized to do business in the State of Florida. Every insurance policy must provide for up to thirty (30) days' prior written notice to the BCC of any cancellation, intent not to renew, or reduction in the policy coverage. FGCU shall provide the BCC with a Certificate of Insurance that documents such coverage within thirty (30) days of execution of the Agreement by the BCC. 11. INDEMNIFICATION. Each Party shall be liable for its own actions and negligence and, to the extent permitted by law, FGCU shall indemnify, defend and hold harmless the BCC against actions, claims or damages arising out of FGCU's negligence in connection with this Agreement; and the BCC shall indemnify, defend and hold harmless FGCU against actions, claims or damages arising out of the BCC's negligence in connection with this Agreement. The foregoing indemnification shall not constitute a waiver of sovereign immunity beyond the limits set forth in Florida Statutes, Section 768.28, nor shall the same be construed to constitute agreement by either party to indemnity the other party for such other party's negligent, willful, or intentional acts or omissions. Agreement between the Board of County Commissioners of Collier County, Florida, and Florida Gulf Coast University Board of Trustees for Naples Accelerator Cohort Training Program GC449824_ 16 Page 6 of 14 CA( I I A This indemnification obligation shall not be construed to negate, abridge or reduce any other rights or remedies which otherwise may be available to an indemnified party or person described in this paragraph. The duty to indemnify under this Article I 1 is independent and separate from the duty to indemnify, and the duty to defend exists regardless of any ultimate liability of FGCU, the BCC and any indemnified party. The duty to defend arises immediately upon presentation of a claim by any party and written notice of such claim being provided to the other Party. A Party's obligation to indemnify and defend under this Article l I will survive the expiration or earlier termination of this Agreement until it is determined by final judgement that an action against an indemnified party for the matter indemnified hereunder is fully and finally barred from the applicable statute of limitations. 12. AGREEMENT ADMINISTRATION. This Agreement shall be administered on behalf of the BCC by the Corporate Business Operations Division of the COUNTY. 13. CONFLICT OF INTEREST. FGCU represents that it presently has no interest and shall acquire no interest, either direct or indirect, which would conflict in any manner with the performance of services required hereunder. FGCU further represents that no persons having any such interest shall be employed to perform those services. 14. COMPONENT PARTS OF THIS AGREEMENT. This Agreement consists of the following component parts, all of which are as fully a part of the Agreement as if herein set out verbatim: FGCU's Proposal, Insurance Certificate(s), Exhibit A Scope of Services, Exhibit B County Funding to SOE, including any other exhibits, attachments, and subsequent Amendments to this Agreement. 15. FINANCIAL REVIEW, RECORDS, AUDIT. FGCU shall establish and maintain such records as now exist and may hereafter be prescribed by the BCC in the future to provide evidence that all terms of this Agreement have been and are being observed. FGCU grants to the BCC the right and authority to audit all records, documents, and books pertaining to the program operations. Such audit will be conducted at locations and at a frequency determined by the BCC and communicated to FGCU. FGCU agrees to provide materials for the audit at the place designated by the BCC within ten (10) business days after the BCC's notice to do so is received by FGCU, at no cost to the BCC. Ib. SUBJECT TO APPROPRIATION. It is further understood and agreed to by and between the Parties herein that this Agreement is subject to appropriation by the BCC. 17. PROHIBITION ON GIFTS TO COUNTY EMPLOYEES. No organization or individual shall offer or give, either directly or indirectly, any favor, gift, loan, fee, service or other item of value to any COUNTY employee, as set forth in Chapter 112, Part III, Florida Statutes, Collier County Ethics Ordinance No. 2004-05, as amended, and County Administrative Procedure 5311. Violation of this provision may result in one or more of the following consequences: a. Prohibition by the individual, firm. and /or any employee of the firm from contract with COUNTY staff for a specified period of time; b. Prohibition Agreement between the Board of County Commissioners of Collier County, Florida, and Florida Gulf Coast University Board of Trustees for Naples Accelerator Cohort Training Program GC449824_19 Page 7 of 14 ("A0 9 II by the individual and/or firm from doing business with the County for a specified amount of time, including but not limited to: submitting bids, RFP, and/or quotes; and, c. immediate termination of any Agreement held by the individual and/or firm for cause. 18. COMPLIANCE WITH LAWS. By executing and entering into this Agreement, FGCU is formally acknowledging without exception or stipulation that it agrees to comply, at its own expense, with all federal, state, and local laws, codes, statutes, ordinances, rules, regulations, and requirements applicable to this Agreement, including, but not limited to those dealing with the Immigration Reform and Control Act of 1986 as located a 8 U.S.C. 1324, et seq. and regulations relating thereto, as either may be amended; taxation, workers' compensation, equal employment and safety including, but not limited to, the Trench Safety Act, Chapter 553, Florida Statutes, and the Florida Public Records Law Chapter 119, including specifically those contractual requirements at F.S. 119.0701(2)(a)- (b) as state as follows: IF FGCU HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO FGCU's DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS AGREEMENT, CONTACT THE CUSTODIAN OF PUBLIC RECORDS AT: Communication and Customer Relations Division 3299 Tamiami Trail East, Suite 102 Naples, FL 34112-5746 Telephone: (239) 252-8383 FGCU must specifically comply with the Florida Public Records Law to: a. Keep and maintain public records required by the public agency to perform the service4 b. Upon request from the public agency's custodian of public records, provide the public agency with a copy of the requested records or allow the records to be inspected or copied within a reasonable time at a cost that does not exceed the cost provided in this chapter or as otherwise provided by law. c. Ensure that public records that are exempt or confidential and exempt from public records disclosure requirements are not disclosed, except as authorized by law for the duration of the contract term and following completion of the contract if the contractor does not transfer the records to the public agency. d. Upon completion of this Agreement, FGCU will keep and maintain public records required by the BCC to perform the service. If FGCU keeps and maintains public records upon completion of the contract, FGCU shall meet all applicable requirements for retaining public records. All records stored electronically must be provided to the BCC upon request from the BCC's custodian of public records in a format in which it is maintained. Agreement between the Board of County Commissioners of Collier County, Florida, and Florida Gulf Coast University Board of Trustees for Naples Accelerator Cohort Training Program GC449824_19 Page 8 of 14 ! lA If FGCU observes that the Agreement documents are at variance therewith, it shall Promptly notify the BCC in writing. Failure by FGCU to comply with the laws referenced herein shall constitute a breach of this Agreement and the BCC shall have the discretion to unilaterally terminate this Agreement immediately. 19. AGREEMENT TERMS. If any portion of this Agreement is held to be void, invalid, or otherwise unenforceable, in whole or in part, the remaining portion of this Agreement shall remain in effect. 20. ADDITIONAL ITEMS/SERVICES. Additional items and/or services may be added to this Agreement in compliance with Collier County Procurement Ordinance No. 2017-08, as amended, and the COUNTY's Procurement Procedures. 21. DISPUTE RESOLUTION. Prior to initiation of any action or proceeding permitted by this Agreement to resolve disputes between the Parties, the Parties shall make a good faith effort to resolve any such disputes by negotiation. The negotiation shall be attended by representatives of FGCU with full decision -making authority and by BCC's staff person who would make the presentation of any settlement reached during negotiations to the BCC for approval. Failing resolution, and prior to the commencement of depositions in any litigation between the Parties arising out of this Agreement, the Parties shall attempt to resolve the dispute through Mediation before an agreed -upon Circuit Court Mediator certified by the State of Florida. The mediation shall be attended by representatives of FGCU with full decision -making authority and by the BCC's staff person who would make the presentation of any settlement reached during negotiations to the BCC for approval. Should either party fail to submit to mediation as required hereunder, the other party may obtain a court order requiring mediation under section 44.102, Fla. Stat. 22. VENUE. Any suit of action brought by either party to this Agreement against the other party relating to or arising out of this Agreement must be brought in the appropriate federal or state courts in or for Collier County, Florida, which courts have sole and exclusive jurisdiction on all such matters. 23. KEY PERSONNEL. FGCU's personnel and management to be utilized for this project shall be knowledgeable in their areas of expertise. The BCC reserves the right to perform investigations as may be deemed necessary to ensure that competent persons will be utilized in the performance of the Agreement. 24. ASSIGNMENT. FGCU shall not assign this Agreement or any part thereof, without the prior consent in writing of the BCC. Any attempt to assign or otherwise transfer this Agreement, or any part herein, without the BCC's consent shall be void. If FGCU does, with approval, assign this Agreement or any part thereof, it shall require its assignee to assume toward FGCU all of the obligations and responsibilities that FGCU has assumed toward the BCC. 26. BUDGET MODIFICATION. Modifications of any of the budget categories defined in Exhibits B may only be made upon the Parties mutually agreeing to a written Amendment Agreement between the Board of County Commissioners of Collier County, Florida, and Florida Gulf Coast University Board of Trustees for Naples Accelerator Cohort Training Program GC449824_19 Page 9 of 14 i lA to this Agreement. 27. PROJECT PUBLICITY. Any news release pertaining to the services performed by FGCU pursuant to this Agreement must recognize the contribution of the BCC as a funding source. FGCU shall recognize the BCC for its contribution in all promotional materials and at any event or workshop for which BCC funds are allocated. (The remainder of this page left blank) Agreement between the Board of County Commissioners of Collier County, Florida, and Florida Gulf Coast University Board of Trustees for Naples Accelerator Cohort Training Program GC449824_19 Page 10 of 14 i lA IN WITNESS WHEREOF, the Parties have executed this Amendment on the date and year first written about by an authorized person or agent. BOARD OF COUNTY COMMISSIONERS COLLIER COUNTY, FLORIDA FLORIDA GULF COAST UNIVERSITY BOARD OF TRUSTEES Burt L. Saunders, Chairman Vice es Llort;ns, Ph.D. Provost and President for Academic Affairs ATTEST CRYSTA, q'''Clerk e) w �• V � w � {1$: y Clerk ll�` A r ttz� ... legality: Scltt M Teach - Deputy County Attorney App ved as to form and,.legality: I Vee H. Leonard Vice President and General Counsel Item # J r Agencl3 5__�.9'v Bate ReA Agreement between the Board of County Commissioners of Collier County, Florida, and Florida Gulf Coast University Board of Trustees for Naples Accelerator Cohort Training Program GC449824 19 Page 11 of 14 1 iA EXHIBIT A SCOPE OF SERVICES ORGANIZATION: Florida Gulf Coast University School of Entrepreneurship PROJEC'T: Naples Accelerator Cohort Training Program OBJECTIVE: Project Administration Performance Criteria FGCU shall provide the supporting documentation to substantiate the following activities for reimbursement: Deliverable l: Maintain staff which shall be comprised of two FGCU faculty members equivalent to full-time employees and a full-time program coordinator based on the compensation model included in Exhibit B. Progress and detail of this deliverable will be evidenced by providing the BCC with a monthly activities report for SOE employees who are contributing the PROGRAM and receiving payment during the period, which would include travel, program preparation time, meetings and time at the PROGRAM location and virtual meetings. It is understood that all FGCU employees will be entitled to benefits, which include sick leave and vacation time. Deliverable 2: Provide a monthly report of all receipts to support the expenses being submitted for reimbursement and a transaction detail report. Deliverable 3: Quarterly review of the PROGRAM including the events held at the facility during the quarter, number of companies/entrepreneurs completing the PROGRAM and operating in Collier County, total start-up funding raised, number of jobs created, total gross revenue generated in Collier County, and gross economic impact of the PROGRAM in Collier County. This report will be prepared and submitted within 30 days of the conclusion of the quarter, provided all necessary documentation from the companies/entrepreneurs completing the PROGRAM have submitted to FGCU for analysis, as well as any other information needed to determine the gross economic impact of the PROGRAM for the quarter. The goal of the PROGRAM is to have 35% of admitted participants successfully completing the PROGRAM and launching businesses in Collier County. Deliverable 4: Submittal of an annual plan for the PROGRAM after the closing of the BCC's fiscal year. This report is due by October 31. The annual report shall include a year-end review of the concluding year and goals, and also outline the budget, and strategy of the PROGRAM for the upcoming fiscal year. The annual business plan will be presented to the BCC at its next available meeting following submittal. Deliverable 5: The Committee will be appointed in consultation with the BCC staff designee. All tenants of the PROGRAM will have access to online programs and training sessions provided to the PROGRAM. Agreement between the Board of County Commissioners of Collier County, Florida, and Florida Gulf Coast University Board of Trustees for Naples Accelerator Cohort Training Program GC449924_19 Page 12 of 14 0C-40 ! I EXHIBIT B COUNTY FUNDING FOR THE NAPLES ACCELERATOR TRAINING PROGRAM Title j Classification Salary Benefits Total Cost SOE Faculty Member* Instructor I $ 75 000.00 $ 25 500.00 $ 100 500.00 SOE Faculty Member* Instructor 1 $ 75 000.00 $ 25 500.00 $ 100 500.00 Program Coordinator** A&P $ 40 000.00 $ 13 600.00 $ 53 600.00 Temporary Employment"* Student Interns $ 67 860.00 $ 5 191.29 $ 73 051.29 Operating Expenses $ 50 000.00 Total Cost $ 377 651.29 *Salary cost based on Instructor -level position ($75, 000 base salary). These two faculty members will be joining a diverse group ofSOE faculty to be able to cover a wide range of business training for the Naples Accelerator tenants. The PROGRAM will offer access to the expertise of the entire SOE faculty as well as other faculty at FGCU. This is value to the PROGRAM because Assistant and Associate Professor ranked faculty (Ph. D.) will also be contributing time based on the subject -matter expertise required of the tenants. The time equivalent of two full time faculty time will be spent working on the PROGRAM which includes mentoring, training, curriculum development, on -demand support through virtual meetings and commuting to and from the PROGRA M location. **The Program Coordinator will be responsible for coordinatingfaculty and stafffrom the School of Entrepreneurship to participate in the PROGRAM and will handle all administration related to the program. This individual will also be responsible for maintaining metrics related to the PROGRAMfor reporting purposes. This position can assist with general duties at the PROGRAM as needed for the FGCU Entrepreneurship Program. ***Student interns can assist PROGRAM participants with building social media, integrating QuickBooks, building websites, online advertising, and more. Student interns will be matched to participants based on need and capability, This position classification will be paid at the then current rate for student interns at FGCU upon presentment of proof of the rate of pay and actual wages earned The total cost listed above is a not -to -exceed amount. The primary goal of the PROGRAM is to further develop the entrepreneurial ecosystem in Collier County. We believe the best way to do that is to open the Naples Accelerator to companies from any industry. The benefit of this approach is that it increases the adds of identifying the companies who need support and it also promotes more economic diversity in the region. It does require, however, that the Naples Accelerator provide business training that covers a wide range of topics. This is precisely what SOE offers to the partnership. SOE's expert faculty can help in the areas of product development, marketing, operations, fund raising, technology, and much more. SOE will do the following to provide the best experience to the tenants of the Naples Accelerator: • rotate any School of Entrepreneurship faculty and/or faculty from other departments to provide a monthly equivalent of 2 full time faculty which will be selected based on their area of expertise (a monthly equivalent equates to 177.33 hours per month); Agreement between the Board of County Commissioners of Collier County, Florida, and Florida Gulf Coast University Board of Trustees for Naples Accelerator Cohort Training Program GC449824_19 Page 13 of 14 Cps 11A • provide a minimum of 70% of these monthly training hours in -person by our faculty at the Naples Accelerator; • provide the balance of the time (max of 30%) on updating training material specifically designed for the tenants and on -demand support through virtual meetings — a benefit which provides flexibility and specialized training for the participants at the Accelerator utilizing FGCU's resources. *This time also includes travel to and from the Accelerator; and • Provide an additional 25+ hours of pre-recorded training videos that can be viewed on - demand to support tenants as needed. Agreement between the Board of County Commissioners of Collier County, Florida, and Florida Gulf Coast University Board of Trustees for Naples Accelerator Cohort Training Program GC449824_19 Page 14 of 14 <' t Ct r County FLORIDA GULF COAST UNIVERSITY Naples Accelerator MAY 261 2020 - BOARD OF COUNTY COMMISSIONERS Naples Accelerator (2014 — 2019) Established in 2014 by the Board of County Commissioners Funded by County, grants from DEO Economic Incubators, Inc. (Ell) was contract operator from 2014— 2019 Directed staff to pursue relationship with Florida Gulf Coast University BCC ended relationship in July 2019 e 0 Naples Accelerator (July 2019 — present) Office of Business & Economic Development repurposed staff to take over Naples Accelerator le DES Kan Lgweun Ron GOVERNOR NOR IDIECVINE DIRECTOR aoe"1Omior°`we aernwnrNrir — limited -scope operations Fe bmary 13, 2020 Mr. Sean Callahan ExeutlNe Olreclm of Corporate Suslness Operations Off of The Collier County Board of County eemmiasienoa 3299 Tali ml Trall E hugdl ng F, Suite 202 Naples, Florida 34111 RE: Equipment Financial by Corporate MyMr.Callahan operations assumed On June 5, 2019, the Department of Emnomlc Opportunity IOEOj received a request iron the Operations 1_t County hope .h..County Comm[ sluners (County"me'd to reconcile tl,c lranafer nt CollieBusiness onexpendahle property purchased under Gram ltn{eemem 3LD07 (SL007) 6etwaen DEC end the County, and Grant Agreement 5L025 [5Lo25} between DEC, and LCOnOm lc LnCllbIROM Inc. (Ell). It has been communicated to DEO that the County and Ell have ognduded thelr business mietlonship with respect to the County s business aocelerarcr program, and that the County has taken possession of nonexpendable property purchased by Ell under SLO25. 0 has been further mmmunlaned to Deo that Ell has relinquished its righn In and No tire nonexpendable property to the Initial of the County, Jan 2 019 — Compliance scope initiated with �ennam to paragraph tq.1r hf rid ripen termder SL 7. P receives title m all onexpendahle property acquired wlch funds provided under 3L007. Pursuant to seUlon 10 of the —Pe or wurk to SLUD7. CEO prevlously authorized the County m retain ownership of O B E D, C B 0, I T, Risk Management and Internal nonespendable property purchased under SLOW. Pu scant to paragraph l.P.7. of5L023, upon terminetlon CEO rece"s chla tc all nunexpendable property acquired with funds provided under 51.925. Pursuem to setelen 13 of the amp@ of work tt SL@S, CEO Previously authorized Ell W retain ovmnrship of nunwspendehle property Controls purchased under SINS. En was required to provlde OEO a right of first refusal prior to the dlst o lrion of any nuneapendable property. Ell did not El no0ce to BEO to axerol DEds Reduce cost, increase compliance, ready operation right of first refusal prior to releasing the nonaapendabie property to the County; however, CEO waivm this oundltion and ratifies the disposition cfthe subject property, to the County, as for transition Fbrltle OepeNrcaROFEVieadte O'1W241105 �e, s�nniaa,mF.. Madison9nacdlTellehaesee, FL ]]N9 BEV24l:21.Q I H111-A6110ea.. wam.tw�t[ercom=0 N�**.MceM,nk.mMFLULQ na equal ePPa,wnav anrP' W arrProgam. Fwdt W sea a..a asnra are evaeeeie upm .aquessm neaesais wm, eleaeLmea. rat sacs m�earere m.r,neB ea Ime deem�ert �r � reeul,ec ur aa.e„a �.lco rnmC equlPmont+ta me nrnr® nelev 9wvlca er rat. Budget Considerations Naples Accelerator Budgets FY 18 (Ell - Full) FY20 (Limited) FY20 (Full - FGCU) Personnel $ 379,926 $ 252,784 $ 67,067 Operating $ 141,700 $ 96,713 $ 57,620 Rent $ 197,900 $ 211,000 $ 211,000 *FGCU Program $ 377,651 Direct Revenue $ - $ (118, 750, 00) $ (118,750, 00) Program Cost $ 719,526 $ 441,747 1$ 594,588 Strengths of Agreement Public University Oversight— access to full faculty Partnership opportunities Vetting of participants by Committee Time -delineated, structured program 1j II Ann P. Jennejohn From: Crystal K. Kinzel Sent: Tuesday, May 26, 2020 1:44 PM To: Patricia L. Morgan Subject: from today's BCC meeting Attachments: FGCU presentation.pdf Follow Up Flag: Follow up Flag Status: Completed Here is the handout. Crystal K. Kinzel Clerk of the Circuit Court and Comptroller Office 239-252-6299 Cell 239-825-0251 Crvstal.Kinze[@ColtiercLerk.com 3315 Tamiami Trail E, Suite #102 Naples, FL 34112-5324 IIA FGCU Contract Requirements Notes In itia12 yearperiod, pust vo addt-cna t:,;o i;2) year rene va periods. Ate mat -ve y, or in addt ion to a rene :va , the Count}, Manager or P rcv-d es th a County M anage r :v th d'scret'on to des;gnee, at h-s discret'on, may extend the agreement (same terms extend agreement For up to 18C days. and ccndt'ans;l for up to 18C days. -he Ccunty Manager or des"gnee sha prcv"de s-xty days notice c` "ntent to extend agreement. Fa"ure to perform -ts sene ces "n a sat's*actory mannerto the BCC as -he-erm'nation for Ccnven"ence Cause a' o:,rs pertheAgneement,the B CC m ay te rm'nat e the agreement?nrcause. for a'_BCday :v-nd-dorm o" ope rat-ons, wh'ch s cons derab y onger than at�,p'ca contract Mayterm nate for conven.ence :vth 18C day :,;rtten not"ce. provides. Over the ast year, staff does nat appearto have Pr or to ease exp"reticn InOctober 2C2C,the Part"esagree to pursue pursued ocat"on opt"onsforth"s ease exp-r'ng a mutua ;r agreed upon ccat-on (new or ex"st-ng) to host these n October 2C2C. Rent pa'd by Cc 'er Countyto programs and act"vt"es. date - 5868,167.C9. Initial Year Cost Per Staff: Personne - 567,067.0C Operating- $57,62C.DC Cost -s v-rtualYthe same as the $6CC COC Rent - $211.coacC comet tment with Ell in FY 2C19to operate both FGC.0 - S377,651.29 the Nap es and Immoka ee Acce a rators. Revenue - ($118.75C.00) Net Cost - $594,588.29 11A Five (5) Listed FGCU Deliverables Notes FGCU Deliverabletli - Maintain Staff. h! arrtair staff which shall the corn prised of two FGCU faculty members equivalentto full-time employees and afull-time program coordinator basedon thecompensaticf, model included in Exhibit 8. This identifies the hours Wanton the project, ProgressanAdetail otthis de6vera>;lewill beevidencedbyproviding �,ddoesnotiocusonresultsorprOiram ardd es not the BCC with a monthly activitiesreport for SOEemployees who are contributing the PROD RAM and receiving pay men t during the period, which would include travel, program preparation time, meetings and time at the PROW ALI lcca(son and virtual meetings. It is understood that all FGCU employees w ell be entitled to benefits, which include sick leave and vacation time. FGCU Deliverable#2 - Monthly Report. This may be ar evider ce of eYFersea, tLt it dam Provide a monthly report of all receipts to support the expenses notshowarelaticrshiptctneres&..ltscr submitted for reimbursement and a transaction detail report performance - No spe[if is targets or goals are d an third fGCU Deliverable#3 -Quarterly Program Review. levents, job creation, start•upfunding, gross revenue generated, and gross economic impact). Ouarterlyreview of the program to includethefolowing: Therefore, the report may show -0- results in 1. events held at thefaciity du ring the quarter, each of the sir areas reported, yet there would 2. number of companiasJentreprenews comptetingthe program and be ro consequerce- operatirg in Collier County, 3, total start-up funding raised, The stated goal of the FGCU program is to have 4. number of jobs created, 35% of the admitted participants su ccessfully 5 total gross revenue generated in Copier County, and E impact completing the program and launch inj business gro= economic in Collar County. However, no target class Sire is established. FGCU Deliverable #4 - Annual Plan Submittal. There should be a multi -year plan developed Submittal of Program ant, , al p lar after th a cicsirg of ;he Courty fiscal prior to the contract or onset of the FGCU year; due date is October 3.. Arrual plan shall include: a review of program. thepnf how do you know the the concluding year and goals, and also outline the budget and specifics f the plan for w hich you are paying? strategy of the program for the upcoming year. Annual business plan could Perhapssornaclearertirgea could be presented to the BCC at the next available meeting following developed after reviewing such a plan. submittal. The establishment of a committee is not a goal whtcf,F yields results for the County_ also, the FGCU Deliverablefl5- Cone. itteeAppointment "Committee' is not detailed in the agreement, Per e-mail from Sean Callihan, FG CU and an The Committee will be appointed inconsultation with the BCC staff established corn mIQle WIII be re5pOn5iblefor designee. Al tenants of the program will have access to online vetting participant applicationsfor admission to programs and training sessions provided to the program the Accelerator program, and enacting a prcrrarr desrgnod togot partKipantsout to mar;et and pitchint for capital in six months. IIA FGCU Contract Requirements Notes nt'a 2 ygearperod, p'ustwo add t'ona t.,,o f2) yearrene.�;a periods. Ate mat "tie Sr, or "n addt ion to a rene .era , the County Manage r or P rov-d es th a Ccu nt ,� Manager .,r th d'scret'on to desgnee,ath"sd"scret'on,mayreAendtheagreement(sameterms extend agreement Gorupto180days. and cond-bans) for up to 19C days. `he County Manager or des"gnee sha' prop^"de sixtydays notice of Intent to extend agreement. Fa-ure to perform is services In a sat's`actory mannerto the BCC as —he -erm'nation for Conven'ence cause a o.vs perthe Agreement, the BCCma-iterm nate the agreement for cause. fora 18Cdap,, Ind -down of operat'ons, .vh'ch s cons'derab y onger than atyppIca contract Mayterm"nateforcomen.encewth 19Cday , rttennot'ce. provides. Pr -or to 'ease exp"rat on in October 2C2C,the Part-esagree to pursue Over the ast year, staff does not appearto have pursued ocat"on opt-onsforth"s ease exp"r'ng a rnukua y agreed upon ocat"on (ne.v or ex'st to host these n October 2C2C. Rent pa'd by Co e'er Count',�tc programs and actw't es. date = $868,167.C9. Initial Year Cost Per Staff: Perscnne - $67,067.00 Operatng- $57,620.00 Cost 'svirtualfythe same as the $6CC,COC Rent - $211,C0O.O0 comet tme nt with Ell in Fv 2C19 to operate both FGCU - $377,651.29 the Nap es and mmoka ee Acce a rators. Re.enue - ($118,75C.00) Net Cost - 594 58&29 II Five (5) listed FGCU Defiverables Notes FGCU DeiverabletfI -Maintain Staff. Maintain staff which sball be compreed cf two fGCU faculty members equivalent to full-time employees and a full-time program coordinator based on the compensation model included it E ah,bn g. This identifies the bouts spent on the project, Progress and detail of this deliverable wilt be evidenced by providingand does not focus on results or program the SCC with a monthly activities report for SO employees who are performance - contributing the FROG RAM and receiving payment during the period, which would includetravel, program preparation time, meetings and time at the PROGRAM location and virtual meetings. It is understood that all FGCU employees w ill be ertitled to benefits, which include sick leave and vacation time. F6CU Deliverable #2 - Monthly Repo rt. This may be an eviden ce of exrer se:. but it does Provide amonthpreportofall receipts tosupport thaatpenses not show arelotionshiptctr+eres+.Irscr submitted for reimbursement and a transaction detail report performante trio specific targets or goals are identified FGCU Defiverable#3 -Quarterly Program Review. levariv% job creation, stwt•upfunding, gross revenue generated, and gross economic impact). Quarterly review of the program to include the following: Therefore, the report may show -0- results in 1. events held at the facility during the quarter. each of the six areas reported, yet there would 2. number of companiesJentrepnneurscompleting the program and be no consequence operatirg in Collier County, 3. total start-up funding raised. The hated Baal of the FGCU program is to have 4. ru'nb er of jobs created, 351,;s of the admitted participants su ocessfully 5 total gross revenue generated in Collier County, and completing the program and launching business 6. grosseconomicimpat: in Collier County. However, no target tits slit is established. FGCU Deliverable44 -Annual Plan Submittal. There should be a multi -yew plan developed Subminal of Prograrr air ,.al p Iar of ter vie trs,rs of ;he Courty fiscal prior to the contract or onset of the FGCU year; due date is October ;:. Arrual plan shallirclude: a revievr of program. Otherw last how do you know the the concluding year and t-Zia. and also oudire the bidget and specificJ softhepearforwhichyouarepaying. swategyofthe prograr^!orthe upcoming year. ArnualbuStnes Perhaps rhapssome cleartrtar6tts could be presented to the BCC a: the next available m outing followin g developed after reviewing such a plan. submittal. The astablishment of a Committee is not a goal which yields results for the County_ Alsor the FGCU Deliverable tf5-Committee Appointment "Corn mittee- is not detailed in the agreement, Per e-mail from Soon Callahan, FGCU and in ThtiOmmR:Eei':,II t2ippointtd r CGnSURit7t7n with the BCC staff established xmmlQlewillberesponsiblefor desrgree. AN terarn of the program wil have access to online rotor• participant applicationsfor admissior to programs and ;rair,r g sessions provided to the program the Accelerator program, and enacting a prc•rarr designed to get participants out to rrarKet and pitching for capital in six months. II FGCU Contract Requirements Notes nt"a 2 yearper"od, pust:•;o addt ona t:•;o (2� ,,earrene:•;a periods. Ate mat -ve 4,, or 'n ad dt ion to a rene tiara , the County Manager or Provides the County Manager :v"th d'screynn to des-gnee, at h-s d-scret-on, may extend the agreement i;same terms extend agreement for up to 18C days. and conditionsi for up to 18C days. —he Count, Manager or designee shaii provide s'.xty da,,s notice of 'ntent to extend agreement. Fa"ure to perform is sen%ces "n a sat's�"actor, mannerto the BCC as —he —errn"nation for Conven"ence c ause a ows perthe Agreement, the BCC rna, term -pate the agreement for cause. for a _8C day:•;"nd-down of ope rayons, :•rh-ch 's ccns'deraby ongerthan atyp'ca contract Ma,term'nateforcomen.ence:•;thlBCday :•;rttennot'ce. prov'des. Pr -or to ease exp"raition In October 2C2C, the Part"esagree tc pursue O:'erthe ast year, staff does not appearto have pursued ocayon opt'onsforth"s ease exp"r"ng a rnutua y agreed upon .ocat'on (ne:•; or ex"st"ng) to host these n October 2C2C. Rent pa'd by Cc 'er Counb,to programs and acy: t"es. date = $868,167.C9. Initial Year Cost Per Staff: Personne - $67,067.00 Operating- $57,62C.00 Cost "s:,"rtua�tvthe same as the $6CC,COC Rent - $211,COC.CC ccmrn'tment with Ell in Fv 2Ci9to operate both FGCU - $377,651.29 the Nap es and Immoka ee Acce erators. Revenue - f$118,75C.00j Net Cost - 594 58&29 I Five 5 Listed FGCU Deliverables Notes FGCU Deliverable## - Maintain Staff. Maintain staff which shall be tom Frised cf two FGCU faculty members equkaleat to lull time employees and a full-time program coordinator based on the cornpersa:ier model included in Exhibit B. This identifies tl,..e hours spent on the project, Progress and detail of this deiverable w ill be evidenced by providing and doss not focus on results or program the BCC with a monthly activities report for SO employeeswho are performance. contributing the FROG RAM and receiving payment during : h g p er ied , which would include travel, program preparation time, meetirr: and time at the PROGRAM location and virtual meetings. It is understood that all FGCU employees will be entitled to benefits, which include sick leave and vacation time, FGCU Deliverable #2 - Monthly Report. This may be an ewider, ce of eMpen ses, but it does Provide a rn onthly report of all receipts to support th a ecpanses not show a relatiorsh ip tc Mere sLdrs or swbrrhtted for reimbursement and a transaction detail report performance. fdespeafit targets or goals are identified FGCU Deliverable#3 - Quarterly Program Review. levents, job creation, start-upfunding, gross revenue gererated, and gross economic impact). Quarterly review of the program to includethe/olowing: Therefc re, the report may show -0- results in 1. events held at thsfaciiity during Clio quarter, each of :he say areas reported, yet there would 2. number of corn parias,'entrepr+eneurscompleting the program^ andbe ro corsequerc! operatirg in Collier County, 3, total start-up funding raised, The stated dal of the FGCU program is to have 4. number of jobs created, 359A of the admitted participants su ocessfulty 5. total gross revenue gererated in Colier County, and completing the program and launch ng business 5. gross economicimpac. in Caller County. However, no target class size is esTablhshed. FGCU Deliverable#4 -Annual Plan Submittal. There should be a multiyear plan developed Submittal of Program am ual p lar after tit a closing of the County fiscal prior to the contractor onset of the FGCU Yew. due date its October 31 Arrual plan shall include: a review of Otherwise haw you know the the concluding year and goals. and also outline the budget and specifprogram- is strategy of the programfortheupcomingyear. Annual business plan Perhapsofthepearfarwhkhyouarepaying PerhapiSOmi clearer targets Gould be presented to the BCC at the next available m noting followin g developed after reviewing 5uth a plan.. submittal. The establishment of a committee is not a goal which, yields results for the County_ AM, the FGCU DeGverableil5 - Committee Appointment. "Coin mittes' is not detailed in the agreement, Per e-mail Callahan, FGCU and an The CommR:Ez grip t8 appointed in consultation with the BCC staff established tom mitten will be responsiblefor esttmg desegree. Ail terart; of the program will have access to online participant p applicationsfor admission to programs and :rairing sessions provided to the program the Accelerator program, and enacting a program designed to got participants out to market and pitching for capital in six months. III FGCU Contract Requirements Notes nit'a�2 ,earperod, p usbvo addt"cna t:,;c (2) yearrene: a periods. A to mat -ve y, c r -n ad d t ion to a rene :era , th a Cc u my M anage r or desgnee, at h"s d"scret"on, may extend the agreement (same terms Prcv"des the County Manager w"th d-scret'on to and ccndt"ons) for up to 18C days. —he Counts Manager or des gnee extend agreement for up to 18C days. sha prmede s'xtydays notice of "ntentto extend agreement. Fa"ure to perform is se n ces -n a sat'sfactory manne rto the BCC as "he `erm-nat ion for Conven "ence c ause a! ows perthe Agreement, the BCC ma,,- term7nate the agreement for cause. fora 18C day -nd-down of operat-ons, .+rh-ch "s cons-derab y ongerthan atyp-cacontract Mayterm'nate for conven'ence .vth 18C day ,vrtten not"ce. pro: des. Pr -or to ease exp"ration n October 2C2C, the Part-esagree to pursue Over the ast year, staff does not appear to hme pursued ocat-on opt-onsforth"s ease exp ring a mutua ,,, agreed upon local -on (new or ex'st"ng) to host these n October MC. Rent pa-d by Cc -er Caunb,,ta programs and ack'��ities. date = $868,167.C9. Irytial Year Cost Per Staff: Personne - $67,067.00 Operating- $57,620.00 Cost s v'rtua -,,the same as the $6CC,C00 Rent - $211,00O.O0 comet tment . th E n Fv 2C19to operate both FGCU - $377,651.29 the Nap es and mmoka ee Acce a rators. Revenue - ($118,75C.00) Net Cost - 594 58&29 II Five (S) Listed FGCU Deliverables Notes FGCU Deliverabletti - Maintain Staff. Maintain staff w hoci, shall be cc— Freed cf two FGCU faculty members equivalent to f ull-time employees and a full-time program coordinator based on thecompersaticr rt`cdel inck.aee in Exhibit S. This ider tfies the hours spent on the project, Progress and detail ofthis evil l bee videnc ad try providing and does rot focus on results or program theBOCwith amonthly acttirnes rep.rtfpr SCE employees who are performance contributing the PROG RAM and tP,,&vwg payfrent during the period, which would inclu do travel, progra�r preparation time, meetings and time atche PROGRAM location and virtual meetings. It is understood that all FGCU employees w Jl be entitled to berefits, which include sick leave and vacation time. FGCU Deliverable#2 - Monthly Report. This may be anevidencc of expenses, but it does Provide a m orthN report of all receipts to support ate expenses not show a relationship to tie results or :ub,ritted for reimburserr.ent and a transaction detail report performance. No specific targets or goals are identified FGCU Deliverablefk3 -Quarterly Program Review. levents, job creation, start-up funding, gross revenue gererated, and gross economic impact}. Quarterly review of the program to includethofollowing: Therefore, the report mayshow -0- results in 1, events held at the facility during the quarter, each of the sr, areas reported, yec there would a. number of companiasJanirapr+ene4rscompleting the program and be ro consequence. operating in Collier County, 3, total start-up funding raised, The stated goal of the FGCU program is to have 4. number of jobs created. 35% of the admitted participants su ccessfully S. total gross revenue gererated in Copier County, and 5. impact completing the program and launch rng business gross economic in Collar County. However, no target class size is estabhshod. FGCU Deliverable N4 -Annual Plan Submittal. Thera should be a multi -year plan developed Submittal cf Program annual plan after th a clos+rg of ;he County fiscal prior to the contract or onset of the FGCU Year; due date is October 31. Annual plan shall include- a review of program. OthervriW haw do you know the theconduding year and goals, and abt.ooutline the budget and specifics of the plan for which you are paying strategy of the program for the upcoming year. Annual business plan Perhaps some clearer targaa could be presented to the BCC at the next avaaable m eating following developed after reviewing such a plan- ubrnittal. The establishment of a committee is n of a goal which yields results for the County. Also, the FGCU beliverablep5 - Committee Appointment. "Committee' is not detailed in the agreement, p,K e-mail from Sun Callahan, FGCU and an The Comm ineewill be appointed in consultation with the BCC staff established commen willberesponsiblefor desrgree. as terarm of this program will have access to online aettir p applimucirtsfor admission to b participant c ant programs and trairir g sessions provided to the program. the Accelerator program, and enacting a program designed to oat participants out to rrartet and pitching for capital in six months. FGCU Contract Requirements Notes nt'a 2 yearperod, pust.,,o add"t"ona tv;o (2) �,,earrene is periods. Ate mat ve V, or -n adclton to a renewa , the County Manager or Prov`des the County Manage r rr"th d'scret"on to des"ghee, at h"s d'scret-on, may extend the agreement (same terms extend agreement For up to 18C days. and condit�onsj ;or up to 18C days. —he Count}, Manager or des"gnee shah provide s'xty days notice or "ntent to extend agreement. Fa-ure to perform is se n ces -n a sat-sFactor,r manne rto the BCC as —he -errn nation For Cowen"ence c ause a .oa+;s perthe Agreement, the BCCmayterm-pate the agreement forcause. fora 18Cda', -nd-down of operat-ons, -wh-ch s cons. ,r anger than at,p"cacontract M& term"nate For cowen.ence r;"th 18C da,,, vrtten not'ce. prov'des. Pr -or to ease exp"ration n October 2C2C,the Part"es agree to pursue Over the ast year, staff does not appear to have pursued ocaCan apt'ansfarth's .ease exp�r'ng a mutua ;r agreed upon ocat'on (new or ex'st"ng) to host these n October 2C2C. Rent paid by Co -er Countyta programs and act-v*t-es. date = $868,167.C9. Initial Year Cost Per Staff: Persanne - $67,067.00 Operating- $57,62C.00 Cost isvirtuallythe same as the $6CC,CO12 Rent - $211,COC.CC comm tment with Ell in Fy 2C19to operate both FGCU - 5377,651.29 the Nap es and immoka ee Acce a rators. Revenue - i;5118,75C.00j Net Cost - 594 58&29 1A Five 5 Listed FGCU Deliverables Notes FGCU Deliverable#1 - Maintain Staff. Maintain staff which shall be cc•-r prised of two FGCU faculty members equivalernto lull -time employees and a full-time program coordinator basedon thecompersatior model included in Exhibit B. This ider tifies the hours spent on the project, Progressand detail of this deliveradle v, ill be evidenced by providingand does not focus on results or program the BCC with a monthly activities rep^.rt for SOE employeaswho are performance contributing the FROG RAM and receiving payment during the period, which would include travel, program preparation time, meetings and time at the PROGRAM location and virtual meetings. it is understood that all FGCU employees w Al be entitled to benefits, which include sick leave and vacation time. FGCU Deliverable#2 - Monthly Report. This may bearevidence of a}perrses, but it does Provide a m onthly, report of all receipts to support th a expenses not shorn a relationship to the results or submitted for reimbursement and a transaction detail report performar=e No specific targets or goals are identified FdCU Delivemble03 -Quarterly Program Review. leventA job creation, start-up funding, gross revenue generated, and gross economic impact). Quarterly review of the program m include the following: Therefore, the report may show -0- results in 1. eyentsheldatthefbciityduringthequirter, each of the six areas reported. yet there would 2. number of companies'entrepreneurscompleting the program and berocorsequerce operating in Collier County, 3, total start-up funding raised. The stated goal of the FGCU program is to have 4. number of jobscrea.ed, 35% of the admitted participants successfully S. total gross revenue gererated in Collier County, and completing the program and launch ng business 6. gross economic impact in Cal County. However, ro target class sito is established. FGCU Deliverable #4 - Annual Plan Submittal. Submittal of Program annual plan after tin a clasirg of the County fiscal sere should be a multi -year plan developed year; due date is October 31 Anrual plan shall include: a review of pry to the contract or onset of the FGCU the concluding year and goals% ar.0 also outline the bi:dget and program'. Otherw ass; how do you know the spetifrtsoftheplar•forwhkhyouarepaying3 .strategy ofprogramforcheu tom Ag upcoming Annual business plan Perhaps some cl@afartar;ets could be presented to the BCC at the next available meeting following developed after reviewing such a plan. submittal The establishment of a committee is n of a goal which yields resuts for the County_ .Also, the FGCU Deliverable#5-CAnvnitteeAppointment "Commutes' is not detailed in the agreement. -maid P,� e-mail from Sean Callahan, FGCU and an ear a FGCU and a The Committee will be appointed n consultation with the BCC staff esra tom will or designee. AN tenants of the program will have access to online rettmre participant applicationsfor admission to programs and training sessions provided to the progra r the Accelerator program, and enacting a prcgrarr designed to got participants out to rrartet and pitching for capital in six months. FGCU Contract Requirements Notes Intial2 War per"od, pus hvo addt-ona t.,,o (2) }tarrenewa periods. Ate mat %,e y, or "n add"ton to a rene wa , the County Manager or Prov'des the County Manager w"th d"scret"onto designee, at h"s d"scret'on, may extend the agreement (same terms extend agreement for up to 18C days. and conditions) for up to 18C days. —he Count,, Manager or designee shah provide sixtydays notice of "ntent to extend agreement. Fa=lure to perform is sene ices "n a sat's'actor,, mannerto the BCC as —he—erm'naton for Conven"ence c ause a ct vs perthe Agreement, the BCC m&it term"nate the agreement for cause. for a 18C day v"rid-dorm of operat-ons, vih-ch s cons'derab y onger than atyp'ca contract Mayterm-nate for comen"ence . th 18C day, vrtten nofce. provides. Over the ast year. staff does not appearto have Pr -or to ease exp"rat ion n October 2C2C, the Part"esagree to pursue pursued ocaCon opt"onstorth's .ease exp"r"ng a mutua y agreed upon .ocat-,on (new or ex"st"ng) to host these n October 2C2C. Rent pa'd by Co'1-er Countyto programs and actwt'es. date = 5868.167.09. Initial Year Cost Per Staff: Perscnne - $67,067.00 Operatng- $57,620.00 Cost isvirtualfythe same as the $6CC,C0C Rent - $211,00.00 comm fitment with E n Fv 21319 to operate both FGCU - $377,651.29 the Naples and mmoka'ee Acce a rators. Re:,enue - ($118,75C.0C) Net Cost - 594 58&29 !lA Five (5) Listed FGCU Deliverables Notes FGCU Deliverable## - Maintain Staff. h'.air, Cairn aff v+Rich shall be corn Faced cf two FGCU faculty members equivalent to full-time employees and afull-time program coordinator cased on the compensation medal included in Exhibit 8. This identifies the hours spent on the project, Progress and detail of this deliverable .a al be evidenced by providing and does not focus on results or program the BCC with a monthly activities report for SOE employees who are performance. contributing the FROG RAM and receiving payment during : he period, which would includotravel, program preparation time, meetings and time at the PROGRAM location and virtual meetings. It is understood that all FGCU employeesw it be entitled to benefits, which include sick leave and vacation time. FGCU Deliverable#2 - Monthly Report. This may be an evidence of eiperse_, bLtItdoes Provide a m onthly report of all receipts to support di acpenses not show a relationship to v e rest lrs cc submitted for reimbursement and a transaction detail report performance. No specific targets or goals are id endued FGCU Deliverable#3 - Quarterly Program Review. levents, job creation, start-up funding, gross revenue generated, and gross economic impact}. Quarterly review of the pragrarr to includ a the followinb: Therefore, the report may show -0- results in 1. eren� held rt th;faciityduring the quarter, each of the srj areas reported, yet there would 2. number of companiesfentrtp re r.eurs completing the program and be ro consequence. operatir.; in Collier County, 3. total start-up funding raised, The stated goal of the FGCU program is to have Y number of jobscreated, 35A% of the admitted panKlpants successfully 5 total gross revenue generated in Collier County, and E. impact. completing the program and launching business gross economic in Colter County. However, no target class size is established. FGCU Deliverable" -Annual Plan Submittal. sere should be a multiyear plan developed Submittal of Program annual plan after th a closing of the County fiscal prior to the contract or onset of the FGCU year; due dace is October 31 Annual plan shall include: a review of the concluding year and goals, and also outline the budget and program. OtherwiK how do you know the spec dics of the plan for w hich you are paying? strategy of the program for the upcoming year. Annual business plan Perhaps sorre clearer targets could be presented to the BCC at the rzext evadable m eating following developed after revrewrng such a plan.. submittal The establishment of a committee is not a goal which yields results for the County. Also, the FGCU Deliverable#5 - Comot itteeAppointment. "Com mittee' is not detailed in the agreement. an p� e-mail from Sun Callahan, FGCU and an SeerC Per etrshed a FGCUesp The Committee will be appointed in consultation with the BCC staff ram will and r designee. AI tenants of the program wit have access to online vetting participant applicationsfor edmasior to programs and training sessions provided to the program the Accelerator program, and enacting a prograrr designed to get participants out to market a+d pitching for capital in six months. III FGCU Contract Requirements Notes ntiai2 }eearper-od, pust:ao add't-ona t.,;o (2) yearrenea;a perods. Ate mat five y, or "n ad d t on to a r ene wa , the County Manager or Prmcdes the County Manager r;th d iscret'on to des-giee, at h-s d-scret'on, may extend the agreement (same terms extend agreement For up to 18G days. and ccndtions) for up to 1SC days. —he County Manager or des-gnee shah provide sixty days notice of'ntentto extend agreement. Fa-ure to perform is seni ces -n a sat'sfactory manne rto the BCC as —he `erm-nat ion for Ccnven'ence c ause a 1 D ws perthe Agreement, the BCCma,, term'nate the agreement for cause. fora 18Gday w-nd-down of operations, AIch -is cons'deraby onger than atyp'ca contract Mayterm7nate for corn en ence a;th 180 day arrtten not'ce. proVdes. Pr -or to 'ease exp ration in October 2C2C,the Partesagree to pursue O.rer the ast year, staff does not appe ar to have pursued ocaYan opt'onsforth-s ease exp'r-ng a mutuay agreed upon ocat'on (near or ex'st'ng) to host these n October 202C. Rent pa,d by Co !'er Countyto programs and act'v't-es. date = $868,167.C9. Initial Year Cost Per Staff: Personne - $67,067.DC Operating - $57,62C.00 Cost �svlrtuakvthe same as the $60C,CDC Rent - $211,Co0.CC comet tment.%/ th Elf in Fy 2019to operate both FGCU - 5377,651.29 the Nap es and Immokalee Acce a rators. Re%tnue - ($118,75C.DC) Net Cost - 594 58&29 liA" Five 5 Listed FGCU Deliverables Notes FGCU Deliverable 01- Maintain Staff. Maintain staff which shall be comprised of two FGCU faculty members equnralont to full-time employees and a full-time program coordinator based on the compensation model included in Exhibit B. This identifies the hours spent on the project, Progress and detail olthis deiverablewillbeevidenced byproviding and d doesnatfocusonresultsarprogram the BCC with a monthly activities report for SOE employees who are contributing the PROG RAM and receiving payment during the period, which would inclu de travel, program preparation time, meetings and time at the PROGRAM location and virtual meetings. it is understood that all FGCU employees w If be entitled to benefits` which include sick leave and vacation time, FGCU Deliverable#2 - Monthly Report. This may be an evidence of expenses, but it does Provide a m onthly report of all receipts to support th a ex parses not show a relationship to the results or submitted for reimbursement and a transaction detail report. performance. No spacifit targets or goals are idont1iod FGCU Deliverable #3 - Quarterly Program Review. levent; job creation, start-up funding, gross revenue generated, and gross economic impact). Qu wre rly rovi aw of the program to inckAathe fall owing: Therefore. the report may show -G- resuIts in 1, events Maid at th0facilitydu ring the quarter, each of the six areas reported, yet there would 2, number of corn pan its/entrap reneurs completing the program and be no consequence operating in Collier County, 3. total start-up funding raised, The stated goal of the FGCU program is to have d. number of jobs created, 3S% of the admitted participants suacessfuAy S_ total gross revenue generated in Collier County, and completing the program and bundling business 5. gross economic impact in Collier County. However, no target class site is established. FGCU Deliverable #4 - Annual Plan Submittal. There should be a multi -yaw plan developed Submittal of program annual plan after th a closing of the County fiscal prior to the contract or onset of the FGCU year; due date is October 31 Annual plan shall include: a review of 0therw set how do you know the the concludingprogram_ Year and jaslss and also outline the budget and speclics of the plan for w high you are paying? swatogy of the program for the upcoming year. Annual business plan Perhaps some clurartafgats could be presented to the BCC at the next available m eating following developed after reviewing such a plan. submittal. The establishment of a Committee is not a goal which yields results for the County. Also, the FGCU Deliverable 05 - Comn itteeAppointment. "Corn mittes' is not detailed in the agreement, art per e-mail from Sun Callahan, FGCU and an FGCU tart twill The Committee will be appointed in consultation with the BCC staff and established tam be r designee. AN tenants of the program will have access to online vetting participant applicationsfor ■dmission to programs and training sessions provided to the program the Accelerator program, and enacting a program designed to jet participants out to market and pitching for capital in six months. II FGCU Contract Requirements Notes ntla+2 yearperod, pust.vo addt-ona t.vo (2) ,earrene.va perods. Ate mat ire !,, or -n addt on to a rene.va , the County Manager or Prov'des the County Manage r.vth d'scret"on to designee, at h's d-scret-on, may extend the agreement (same terms extend agreement for upto 18C days. and conditions) for up to 18C clays. `he County Manager or des"gnee shall provide s-,xtydays natice of'ntentto extend agreement. Fa-ure to perform -ts se ry ces "n a sat"sFactory manne rto the BCC as The—erm-nation for Com en'ence cause allows perthe Agreement, the BCC may term"hate the agreement for cause. for a 180 d&,, tiv"nd -do wn of operat -ons, ,+;hick s cons-deraby ongerthanat,,,p'ca'contract M&term-hate for corwen"ence wth lBC day.vrtten nofce. pro. des. Pr -or to ease exp'rdton 'n October 2C2C, the Part"esagree to pursue Over the ast year, staff does not appearto have pursued ocat-on opt-ons4:orth"s ease exp'r-ng a mutua -,r agreed upon .ocat°on (ne.v or ex'st"ng) to host these n October 2C2C. Rent pa'd by Co'!'er Countyto programs and ad"vt es. date = 5868,167.C9. Initial Year Cost Per Staff: Personne - $67.067.00 Operating- $57,620.00 Cost -is virtu a vthe same as the $6CC,COC Rent - $211,C0O.O0 ccmmitment.vth E 7n Fv 2C19to operate both FGCU - $377,651.29 the Naples and mmokaee Acce erators. Re.enue - ($118,75C.00) Net Cost - 594 58&29 !!A Five (5) Listed FGCU Deffverables Notes FGCU Deliverableftf - Maintain Staff. N!arf`Iair =aff v,P,01 shall be ctrr prised cf two FGCU faculty members equivalent to full-time employees and at ull-timeprogra m coordinator t ased cr ere ccrr persaticr model included m Exhibit S. This identifies the hours Wanton the project. Progress and detail of this toe lirerat;te will be evidenced by providing and does net focus an results or program the BCC with a month IV xtivities report for SO employees who are performance contributing th* FROG RAM and receiving payment during she period, which would includetravel, program preparation time, meetiras and time at the PROGRAM location and virtual rneettngs. It is understood that all FGCU employeeswgl be entitled to berefits, k%Nct irckde sick leave and vacation time, FGCU Deliverable#2 - Monthly Report. This may bean *widen ae of et perses, but it does Provide a on onchly report of all receipts to support me ex perses not show a relationship to the reuwlrs or submitted for reimbursement and a transactor detail report performance No speaf is targets or goals are d en tf red FGCU Deiverable#3 - Quarterly Program Review. levant; job creation, start-up funding, gross generated, and gross economic impact). Quarterly review of the program m include the following:revenue Theref6►e, the report may show -G- results in t. events held at thefaciitydu ring the quarter, each of the six areas reported, yet there would 2. number of companieslantrepraneurscompleting the program and be no consequence Operating in Collier County, 3. total start-up funding raised, The stated goal of the FGCU program is to have 4. number of jobs created, 35% of the admitted participants su ocessfully 5 total gross revenue generated in Collier County, and completing the program and laundering business S. gross economic impaci in Collier County. However, no target class size is established. FGCU Deliverable#4 -Annual Plan Submittal. There should be a multi -yew plan developed Submittal of Program annual p lain after th a closirg of the County fiscal prior to the cortract or onset of the FGCU year, due date is October 31 Annual plan slsall include: a review of haw do you know the thepl the concluding year and goals, and also outline the budget and spectprogram._ f of of ilia plan for w you are baying? strategy of the program fort" upcoming year. Annual business plan. Perhaps Perhaps somaclearartargea could be tarhicgets presented to the BCC at the next available m eating followin g developed after reviewing such a plan_ submittal. The establishment of a Committee is not a goal whirl► yields resuks for the County. Also, the FGCU Deliverable45 - CammitteeAppointmrnt. "Com mittee- is not detailed in the agreement, per a-maitframSean Callahan, FGCU and an FGponsibl an Per a-rshed o The Comm iate will be appoirmd in consultation with the BCC staFf m mlRee willhan, for desrgree. ai terarta of the program will have access to online vett+rg participant applicationsfor ■dmissior to prog rains and srairir g sessions provided to the program the Ac-elerator program, and enacting a prcerarr designed to get participants cut to rrarKet and pitching for capital in sox months. 11A FGCU Contract Requirements Notes nt'a 2 ,earper'od, p!ustwo add t onaItwo (2) year renewa periods. Ate mat -ve !,. or 7n addtbn to a rene a+ , the County Manager or des-gnee, at h s d scret'on, may extend the agree ment i;same terms Prov'des the Count',Manager .+rth d'scret"onto and cond-t'onsj for up to 18C days. The Count,,, Manager or des-gnee extend agreeme nt for up to ? SC days. sha prow de s-xty days notice of -ntent to extend agreement. Fa-ure to perform Its sere ces -n a sat'sractor,•mannerto the BCC as —he —errn nation for Conven'ence cause a' o:+:s perthe Agreement, the BCC may term-nate the agreement for cause. for a 18C day w7nd-down cP operat"ons, wh-ch is cons'deraby onger than atyp Ica contract Ma,rterm-nate for comen ence wth 18C day wr'tten not'ce. prov des. Pr-ortoease expiation In October 2C2C, the Part'esagree to pursue CA.erthe ast year. staff does nut appearto hme pursued ocat'on opt- onsforth's ease exp'r'ng a mutua y agreed upon .ocat'on (new or ex'st'ng) to host these 'n October 2C2C. Rent pa'd by Co'!'er Countytc programs and act�vt�es. date = $868,167.09. Irrtial Year Cost Per Staff. Perscnne - 567,067.00 Operating- $57,62C.00 Cost -s v'rtuaIIVthe same as the $6CC,CDC Rent - $211,COC.CC comm tment with Ell in Fv 2C19 to operate both FGCU - 5377,651.29 the Nap es and Immoka ee Acce a rators. Revenue - f$118,75C.0Cj Net Cost - 594 58&29 !lA Five (5) Listed FGCU Deliverables Notes FGCU Deliverable#f - Maintain Staff. Mair!tair staff +r, hx:h shall be cormprced cf two FGCU faculty members equiva lent to full-time employees and a f ul l-ti m e prop ra m coordinator based or thecomperisatier model inck:ded r^ Eahlbit B. This identifies the hours spent on the project, Progress and detail of this debverat:le w ill be evidenced by providing and does not focus on results or program the BCC with a monthly actwities report for WE efriployeeswho are performance. contributing the FROGRAfd Bed recdvingpay+*entdurirgthePer iod, which would include travel, prograrr preparation time, meetings and time at the PROGRAM location and virual meetings. it is understood that all FGCU employees w ill be entitled to benefits, which include sick leave and vacation time FGCU Deliverable#2 - Monthly Report. This may be an evidence of e)rerses, but it c1yes Provide a m onthly report of all receipts to support M e & peries not show a relationship to the resi.lts or :4 omitted for reimbursement and a `ransactior detail rep::rt performance W specific targets or goals are identliod FGCU Deliverable N3-Quarterly Program Review. fevencs, jet; creation, start-up funding, gross revenue generated, and gross economic impact). Quarter) review of the r y program m includethetoYowing: Therefcre, the report mayshow -0- results in x. evenrs held at thefaciityduring thaquonto r, each of the six areas reported, yet there would 2. numberofcompaniesJentrep neneurscompketingtheprogram and beroconsegt.erce. Operatirg in Collier County, 3. total start- up funding raisad, The stated foal of the FGCU program is to have 4. number of jobs created, 3540 of the admitted participants su ocessfully 5_ total gross revenue generated in Collier County, and 6. completing the program and launcheng business grosseconomicimpact in Collor County. However, no roger class size is established. FGCU Deliverable#4 -Annual Plan Submittal. Submittal of Program annual p Ian after th a ch sirg of the Courty fiscal There should be a multi -yew plan developed year; due date is October 31 Annual plan shall irci,de. a review of prior to the contract or onset of the FGCU program_ thepl ise; how do you Know the the concluding year and goals, and also outline the budget and specificsf cs of the plan for w hkh you are paying? strategy of the program for the upcoming year. Annual business plan er?,a Perhaps sore clearertargets could be presented to the BCC at the next available m acting foliowin g developed after reviewing such a plan_ submittal. The establishment of a committee is not a goal which yields results for the County. Altar the FGCU Deliverablesb5 - CammitteeAppointmient. "Committee' is not detailed in the agreement, Per e.maitfrom Sean Callahan, FGCU and an The Committee wig be appointed in consultation with the BCC staff establi shed corn m ittee will be rasp onsible for designee. AN tenants of the program will have access to online vetting participant appliwtiansfor admission to programs and training sessions provided to the program. the Accelerator program, and enacting a program designed to get participants out to rrartet and pitching for capital in six months I FGCU Contract Requirements Notes nt'a+2 yearperod, pusb o add t`ona t.+;o (2j year rene.•;a periods. Atemat've S,, or n add-t ion to a rene .+;a , the County Manager or Prov".des the County Manager with d iscret'on to designee, at h-s d-scret'on, may extend the agree ment (same terms extend agreement for up to 180 days. and ccnd-t"ons) for up to 18C days. —he County Manager or des'gnee sha pro, de s'xty days notice of "ntent to extend agreement. Fa ureto perform -ts sen, ces -n a sat'sfactM mannerto the BCC. as —he Termnation for Conven"ence cause a o.+;s per the Agreement, the BCC mayterm'nate the agreement for cause. fora iBCda+, w-nd-down of operat-ons, %vh-ch s cons'derab y onger than at,,plca contract Mayterm'nate for comen.ence v;th 18C day .%/rtten not'ce. prow des. Prior to '.ease exp'rdt on In October 2C2C, the Part'es agree to pursue aer the ast year. staff does not appearto have pursued ocat"on optionsforth's ease exp'rng a mutua y agreed upon ocation (nev; or ex stng) to host these n October 2C2C. Rent paid by Co +'er Countyto programs and acCv-t'es. date = $ 868,167.09. I rrtiaI Year Cost Per Staff: Personne - $67,067.00 Operating- $57,62C.00 Cost isvirtuallythe same as the $6CC,C0C Rent - $211,C0C.CC commitment with Ell in Fv 2C19to operate both FGCU - S377,651.29 the Naples and Immoka ee Acce erators. Revenue - ($118,75C.00) Net Cost - 594 58&29 Five (S) Listed FGCU Deliverables Notes FGCU Deliverable## - Maintain Staff. Maintain staff which shall be comprised cf two FGCU faculty members equivalent to full -tithe employees and a full-time program coordinator Lased on the compensation model inck dad in Exhibit B. This idertifres the hours spent or, the project, Progress and detail of this deli,re(aate.v it be evidenced by providing ar,d does not focus an results or program and doesrot the BCC with a monthly activities report for SCE employees who are contributing thaPROGRAM arid receiving pay men tduring theperiod, which would include trivet, program preparation time, meetings and time at the PROGRAM location and virtual meetings. It is understood that all FGCU employees will be entitled to benefits, which include sick leave and vacation time. FGCU Deliverable92 - Monthly Report. This may to ar evidence of a}perrses. but it does Provide amonthlyreport ofall receipts resupport Masperses not show arelaticrsh,ptcthe reu.lrsor submitted for reimbursement and a transaction detail report performarce W sperif is targets or goals a re d entf red FGCU Deliverable g3 -Quarterly Program Review. (events, job creation, start-upfunding, gross revenue generated, and gross economic impact). Quarterly review of the program m include the following: Therefore, the report may show -0- resuits in t, events held at the facility during the quarter, each of the six areas reported, yet there would 2. number of companiasJentrepraneurs completing the program and be no consequence. operating in Collier County, 3_ total start-up funding raised, The stated goal of the FGCU program is to have 4. number of jobs crewed, 39% of the admitted participants successfully S. total gross revanua generated in Collier County, and 5. impact completing the program and launching business gross economic in Colter County. However, no target class size is established. FGCU Delivera bl e #4 - Annual Plan Submittal. Submittal of Program. annual plan after th a closing of the County fiscal There should be a multi -yaw plan developed year; due date is October 31 Annual plan shall include: a review of prior to the contract o r onset of the FGCU the concluding yaw and goals, and also outline the budget and they, ire how you know the spectprogram. f of the pear far is hits you are paying? strategy of the program for the upcoming year. Annual business plan Perhaps r Perhapssomaclearertar;ea could be presented to the BCC at the next evadable m eating following developed after revrewrr.g such a plan. submittal. The establishment of a committee is not a goal which yields results for the County_ Aker the FGCU Deliverablefl5-CommittetAppointment. "Coin mittee' is not detailed in the agreement. per e-maitfram Saari Callahan, FGCU and an The Comm ittee will be appointed in consultation with the BCC staff established tom mittee will be responsiblefor designee. AN tenants of the program willhave access to online visiting participant applicatiorsfar admission to programs and training sessions provided to the program the Accelerator program, and enacting a pro`rarr designed to get participants out to marKet and pact mgfor capital in six months. IIA