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Agenda 10/24/2017 Item #16F 6Proposed Agenda Changes Board of County Commissioners Meeting October 24, 2017 Continue Item 16F6 to the November 14, 2017 BCC Meeting: ***This item continued from the October 10, 2017 BCC Meeting*** Recommendation to renew and approve the annual Agreement between Economic Incubators, Inc. and the Board of County Commissioners in continued support of the established public-private partnership designed to advance the County’s economic development efforts. (Commissioner Saunders’ request) Time Certain Items: Item 11A to be heard 9:00 a.m., October 25, 2017 Item 11F to be heard at 10:00 a.m. 10/24/2017 8:34 AM 10/24/2017 EXECUTIVE SUMMARY Recommendation to renew and approve the annual Agreement between Economic Incubators, Inc. and the Board of County Commissioners in continued support of the established public- private partnership designed to advance the County’s economic development efforts. OBJECTIVE: That the Board of County Commissioners (Board) approve the Fiscal Year 2018 Agreement between Collier County, Florida and Economic Incubators, Inc. (“EII”). CONSIDERATIONS: On September 10, 2013, Agenda Item 11.C, the Board approved the Office of Business & Economic Development’s FY14 Business Plan including a goal of developing a Business Accelerator program. Policy direction from the November 26, 2013 and December 10, 2013 Board meetings culminated in the May 13, 2014 approval of the Collier County Innovation Accelerator Business Plan including authorizing its implementation. On November 18, 2014, Agenda Item 11.C, the Board approved the first agreement between the County and EII designating EII as the Administrative Entity for the Collier County Soft Landing Accelerator Development Strategy. This Agreement continues operational funding support for the established Naples Accelerator and adds the next phase of the Collier County Innovation Accelerator Business Plan which is the Florida Culinary Accelerator @ Immokalee. The Florida Culinary Accelerator @ Immokalee will offer an agribusiness focused culinary food accelerator equipped with commercial kitchen equipment, food product development and testing equipment. A highly valuable function of the Florida Culinary Accelerator @ Immokalee is the dedication of laboratory space for the University of Florida staffed and operated food science research, development and testing facility. FISCAL IMPACT: This Agreement provides County funding of up to Eight Hundred Thousand Dollars ($800,000) for reimbursement of personnel, minor capital and operating expenses for both facilities in FY 18. A previously Board approved office space rental agreement for the Naples Accelerator is included in the $800,000 budget appropriation. Sufficient budget is appropriated in Economic Development Fund (007) to support this agreement in furtherance of the Collier County Innovation Accelerator Business Plan. 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 majority vote for approval. -JAK RECOMMENDATION: To approve the Fiscal Year 2018, Agreement between Economic Incubators, Inc. and the Board of County Commissioners. Prepared by: Jace Kentner, Director, Office of Business & Economic Development ATTACHMENT(S) 1. EII Contract 10-18-17 (PDF) 16.F.6 Packet Pg. 928 10/24/2017 COLLIER COUNTY Board of County Commissioners Item Number: 16.F.6 Doc ID: 3921 Item Summary: ***This item continued from the October 10, 2017 BCC Meeting*** Recommendation to renew and approve the annual Agreement between Economic Incubators, Inc. and the Board of County Commissioners in continued support of the established public-private partnership designed to advance the County’s economic development efforts. Meeting Date: 10/24/2017 Prepared by: Title: Administrative Assistant – Business and Economic Development Name: Jennifer Leslie 10/11/2017 9:39 AM Submitted by: Title: Director – Business and Economic Development Name: Jace Kentner 10/11/2017 9:39 AM Approved By: Review: Business and Economic Development Jace Kentner Additional Reviewer Completed 10/18/2017 5:26 PM Grants MaryJo Brock Additional Reviewer Skipped 10/18/2017 3:26 PM County Attorney's Office MaryJo Brock Level 2 Attorney of Record Review Skipped 10/18/2017 5:28 PM County Attorney's Office MaryJo Brock Level 3 County Attorney's Office Review Skipped 10/18/2017 3:27 PM Office of Management and Budget MaryJo Brock Level 3 OMB Gatekeeper Review Skipped 10/18/2017 3:27 PM County Manager's Office Leo E. Ochs Level 4 County Manager Review Completed 10/18/2017 5:31 PM Board of County Commissioners MaryJo Brock Meeting Pending 10/24/2017 9:00 AM 16.F.6 Packet Pg. 929 16.F.6.a Packet Pg. 930 Attachment: EII Contract 10-18-17 (3921 : FY 2018 Economic Incubators Inc.) 16.F.6.a Packet Pg. 931 Attachment: EII Contract 10-18-17 (3921 : FY 2018 Economic Incubators Inc.) 16.F.6.a Packet Pg. 932 Attachment: EII Contract 10-18-17 (3921 : FY 2018 Economic Incubators Inc.) 16.F.6.a Packet Pg. 933 Attachment: EII Contract 10-18-17 (3921 : FY 2018 Economic Incubators Inc.) 16.F.6.a Packet Pg. 934 Attachment: EII Contract 10-18-17 (3921 : FY 2018 Economic Incubators Inc.) 16.F.6.a Packet Pg. 935 Attachment: EII Contract 10-18-17 (3921 : FY 2018 Economic Incubators Inc.) 16.F.6.a Packet Pg. 936 Attachment: EII Contract 10-18-17 (3921 : FY 2018 Economic Incubators Inc.) 16.F.6.a Packet Pg. 937 Attachment: EII Contract 10-18-17 (3921 : FY 2018 Economic Incubators Inc.) 16.F.6.a Packet Pg. 938 Attachment: EII Contract 10-18-17 (3921 : FY 2018 Economic Incubators Inc.) 16.F.6.a Packet Pg. 939 Attachment: EII Contract 10-18-17 (3921 : FY 2018 Economic Incubators Inc.) 16.F.6.a Packet Pg. 940 Attachment: EII Contract 10-18-17 (3921 : FY 2018 Economic Incubators Inc.) 16.F.6.a Packet Pg. 941 Attachment: EII Contract 10-18-17 (3921 : FY 2018 Economic Incubators Inc.) 16.F.6.a Packet Pg. 942 Attachment: EII Contract 10-18-17 (3921 : FY 2018 Economic Incubators Inc.) 16.F.6.a Packet Pg. 943 Attachment: EII Contract 10-18-17 (3921 : FY 2018 Economic Incubators Inc.) 16.F.6.a Packet Pg. 944 Attachment: EII Contract 10-18-17 (3921 : FY 2018 Economic Incubators Inc.) 16.F.6.a Packet Pg. 945 Attachment: EII Contract 10-18-17 (3921 : FY 2018 Economic Incubators Inc.) 16.F.6.a Packet Pg. 946 Attachment: EII Contract 10-18-17 (3921 : FY 2018 Economic Incubators Inc.) 16.F.6.a Packet Pg. 947 Attachment: EII Contract 10-18-17 (3921 : FY 2018 Economic Incubators Inc.) 16.F.6.a Packet Pg. 948 Attachment: EII Contract 10-18-17 (3921 : FY 2018 Economic Incubators Inc.) 16.F.6.a Packet Pg. 949 Attachment: EII Contract 10-18-17 (3921 : FY 2018 Economic Incubators Inc.) 16.F.6.a Packet Pg. 950 Attachment: EII Contract 10-18-17 (3921 : FY 2018 Economic Incubators Inc.) 16.F.6.a Packet Pg. 951 Attachment: EII Contract 10-18-17 (3921 : FY 2018 Economic Incubators Inc.) 16.F.6.a Packet Pg. 952 Attachment: EII Contract 10-18-17 (3921 : FY 2018 Economic Incubators Inc.) 16.F.6.a Packet Pg. 953 Attachment: EII Contract 10-18-17 (3921 : FY 2018 Economic Incubators Inc.) 16.F.6.a Packet Pg. 954 Attachment: EII Contract 10-18-17 (3921 : FY 2018 Economic Incubators Inc.) 16.F.6.a Packet Pg. 955 Attachment: EII Contract 10-18-17 (3921 : FY 2018 Economic Incubators Inc.)