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HomeMy WebLinkAbout184-16 RESOLUTION113 West Mountain Street Fayetteville, AR 72701 (479) 575-8323 Resolution: 184-16 File Number: 2016-0404 STARTUP JUNKIE CONSULTING, LLC: A RESOLUTION TO APPROVE A TWO (2) YEAR CONTRACT WITH STARTUP JUNKIE CONSULTING, LLC TO PROVIDE ECONOMIC DEVELOPMENT CONSULTING SERVICES IN THE AREAS OF ENTREPRENEURSHIP AND INNOVATION IN THE AMOUNT OF $300,000.00, AND TO APPROVE A BUDGET ADJUSTMENT. WHEREAS, Startup Junkie Consulting, LLC was competitively selected by a City selection committee to provide economic development consulting services to the City of Fayetteville in the areas of entrepreneurship and innovation in the amount of $12,500.00 per month. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: That the City Council of the City of Fayetteville, Arkansas hereby approves the attached two (2) year contract with Startup Junkie Consulting, LLC to provide economic development consulting services to the City of Fayetteville in the areas of entrepreneurship and innovation in the amount of $300,000.00. Section 2: That the City Council of the City of Fayetteville, Arkansas hereby approves a budget adjustment, a copy of which is attached to this Resolution. Page 1 Printed on 1015116 PASSED and APPROVED on 10/4/2016�•••i • Fq yL - "' Approved- Attest: 11111ti����, Lid eld Jo n, or Sondra E. Smith, City Clerk Treasurer Page 1 Printed on 1015116 City of Fayetteville, Arkansas 113 West Mountain Street Fayetteville, AR 72701 r (479) 575-8323 Text File File Number: 2016-0404 Agenda Date: 10/4/2016 Version: 1 Status: Passed In Control: City Council Meeting File Type: Resolution Agenda Number: C. 7 STARTUP JUNKIE CONSULTING, LLC: A RESOLUTION TO APPROVE A TWO (2) YEAR CONTRACT WITH STARTUP JUNKIE CONSULTING, LLC TO PROVIDE ECONOMIC DEVELOPMENT CONSULTING SERVICES IN THE AREAS OF ENTREPRENEURSHIP AND INNOVATION IN THE AMOUNT OF $300,000.00, AND TO APPROVE A BUDGET ADJUSTMENT WHEREAS, Startup Junkie Consulting, LLC was competitively selected by a City selection committee to provide economic development consulting services to the City of Fayetteville in the areas of entrepreneurship and innovation in the amount of $12,500.00 per month. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: That the City Council of the City of Fayetteville, Arkansas hereby approves the attached two (2) year contract with Startup Junkie Consulting, LLC to provide economic development consulting services to the City of Fayetteville in the areas of entrepreneurship and innovation in the amount of $300,000.00. Section 2: That the City Council of the City of Fayetteville, Arkansas hereby approves a budget adjustment, a copy of which is attached to this Resolution. City of Fayetteville, Arkansas Page 1 Printed on 101512016 Jeremy Pate Submitted By City of Fayetteville Staff Review Form 2016-0404 Legistar File ID 10/4/2016 City Council Meeting Date - Agenda Item Only N/A for Non -Agenda Item 9/2/2016 Development Services / Development Services Department Submitted Date Division / Department Action Recommendation: A resolution to approve a contract with Startup Junkie Consulting for Economic Development Services - Entrepreneurship and Innovation, and approving a budget adjustment Budget Impact: 1010.050.0500-5315.00 Account Number General Fund Fund Contract Services Project Number Project Title Budgeted Item? No Current Budget $ Funds Obligated $ Current Balance Does item have a cost? Yes Item Cost $ Budget Adjustment Attached? Yes Budget Adjustment $ Remaining Budget Previous Ordinance or Resolution # Original Contract Number: Approval Date: Comments: i 300,000.00 300,000.00 V201 CITY OF Tayv`elevi le ARKANSAS MEETING OF OCTOBER 4, 2016 TO: Mayor Lioneld Jordan Fayetteville City Council THRU: Don Marr, Chief of Staff CITY COUNCIL AGENDA MEMO FROM: Jeremy Pate, Development Services Director DATE: August 31, 2016 SUBJECT: RFP 16-06 Economic Development Contract for Services — Entrepreneurship & Innovation RECOMMENDATION: Staff recommends the selection of and a two-year contract with Startup Junkie Consulting to provide economic development consulting services related to Entrepreneurship and Innovation. BACKGROUND: In May of this year, the Council unanimously adopted Fayetteville First, the City's newly updated Economic Development Strategic Plan. This plan engaged over 1600 citizens and businesses to structure the City's economic future. Fayetteville First gives policy direction for the City to achieve its stated goals, along with an implementation plan as a roadmap. The Implementation Plan is a fluid, dynamic document placing more tangible timeframes and action items to be accomplished over the next five years. Establishing the economic delivery service model was identified as one of our first steps, and staff is following the adopted strategy of a three -pronged approach: 1) Contract Business Recruitment, Retention and Expansion Services, 2) Contract Entrepreneurship and Innovation Services and 3) Create an internal Economic Development program to provide a city contact and to lead efforts in coordinating all efforts related to recruiting, retaining and supporting business, industry, and startup efforts in the City. The City issued RFP 16-06 on July 06 and received proposals on July 29. After interviewing the selected candidates, the selection committee (including Council Member Adella Gray) recommended entering into negotiations with Startup Junking Consulting to provide the requested services. DISCUSSION: A major component of Fayetteville's economic potential was identified with the Fayetteville First Strategic Plan, and it is one that has not seen a great deal of focus in the past by the City. The Kauffman Foundation estimates that at least 85% of net new job creation comes from startup companies. With the University's innovation and talent supply, a vibrant entrepreneurial culture and access to the right resources, Fayetteville's current entrepreneurial and innovation sector ecosystem has the potential to become a leading destination for world-class, scalable ventures and vibrant, sustainable small businesses. It is with this in mind that the City desires to contract Mailing Address: 113 W. Mountain Street www.fayetteville-ar.gov Fayetteville, AR 72701 STARTUP JUNKIE CONSULTING LLC ( 12,(,,-I i City of Fayetteville Staff Review Form 2017-0763 Legistar File ID N/A City Council Meeting Date-Agenda Item Only N/A for Non-Agenda Item Devin Howland 12/15/2017 ECONOMIC DEVELOPMENT(050) Submitted By Submitted Date Division/Department Action Recommendation: MAYOR JORDANS SIGNATURE IS NEEDED ON THE UPDATED CONTRACT FOR STARTUP JUNKIE CONSULTING LLC Budget Impact: Account Number Fund Project Number Project Title Budgeted Item? No Current Budget $ - Funds Obligated $ - Current Balance $ - Does item have a cost? No Item Cost Budget Adjustment Attached? NA Budget Adjustment Remaining Budget $ - V20140710 Previous Ordinance or Resolution# 184-16 Original Contract Number: Approval Date: I" -9 I-I Comments: CITY OF FAYETTEVILLE STAFF MEMO lip, ARKANSAS TO: Lioneld Jordan, Mayor THRU: Don Marr, Chief of Staff FROM: Devin Howland, Director of Economic Vitality DATE: December 15, 2017 SUBJECT: Startup Junkie Consulting Contract Updates • RECOMMENDATION: Mayor Jordan's signature is needed on the amendment to the contract for economic development consulting services between the City of Fayetteville and Startup Junkie Consulting LLC. DISCUSSION: The Department of Economic Vitality met with Startup Junkie Consulting to discuss several revisions to the contract which would assist in fostering increased collaboration between the City and Startup Junkie Consulting. The amendment adds weekly conference calls between the City and Startup Junkie Consulting, as well as an additional quarterly collaboration meeting between the City and all other economic development consulting partners. Attachments: Amendment No. 1 TO THE CONTRACT FOR ECONOMIC DEVELOPMENT CONSULTING SERVICES BETWEEN THE CITY OF FAYETTEVILLE, ARKANSAS AND STARTUP JUNKIE CONSULTING, LLC Exhibit A: Revised Schedule of Deliverables and Performance Measures Mailing Address: 113 W. Mountain Street www.fayetteville-ar.gov Fayetteville,AR 72701 AMENDMENT NO. 1 TO THE CONTRACT FOR ECONOMIC DEVELOPMENT CONSULTING SERVICES BETWEEN THE CITY OF FAYETTEVILLE, ARKANSAS AND STARTUP JUNKIE CONSULTING, LLC • WHEREAS, on October 4, 2016, the City of Fayetteville, Arkansas ("City") and Startup- Junkie Consulting, LLC ("Startup Junkie") entered into a contract for Economic Development Consulting Services (the "Contract")to be provided through,September 30, 2018, and; WHEREAS,the parties desire to amend this agreement as set forth below. NOW, THEREFORE, BE IT KNOWN TO ALL: That the City and Startup Junkie, on this y day of p,cc_ , 2017, hereby agree: A. That the Schedule of Deliverables and Performance Measures referenced in Section 3(a) and the third bulleted paragraph of Section 4 of the original Contract shall be replaced by the Revised Schedule of Deliverables and Performance Measures attached to this Amendment as "Exhibit A"and incorporated herein. B. The parties agree and understand that this Amendment is supplemental to their Contract for Economic Development Consulting Services dated October 4, 2016, and that it does not alter, amend or abridge any of the rights, obligations, or duties of the parties not expressly addressed herein. IN WITNESS WHEREOF, the parties hereto have caused their signatures to be set by their authorized representative effective the date set forth herein above. STARTUP JUNKIE CONSULTING, LLC By: , / - _ Date: 42 AV)7 J/ merine, Principal Witness: Date: 1 L /i 7 , , 1 CITY OF It TTEVILLE,ARKANSAS k 2 -a21-20 By: .ri%!� _ � Al!:�,� _ Date: /� i e1d Jor.E*�;or ATTEST: Aei-X44.4/ Date: a -a1/-926V7 Sondra E. Smith, City Clerk-Treasurer ow!I II i ��•K•�•TRes�''' FMETfEJ LLE, 1-'7,$) KANS.•O e•• 2 • Exhibit "A" Contract for Economic Development Services- Entrepreneurship& Innovation REVISED Schedule of Deliverables and Performance Measures As outlined herein, Startup Junkie Consulting shall provide the following services, more generally referred to as Entrepreneurship & Innovation economic development services: One. Support a collaborative entrepreneurial/innovative environment Two. Increase high-tech job growth and University partnerships Three. Create innovative spaces and programs to support entrepreneurs Four. Expand entrepreneurship education programs Five. Support the growing local artisan food and craft beverage industry Six. Support Talent Attraction, Retention and Development Seven., Collaborate with the City for communication to the public Eight. Report Outcomes One:Support a collaborative entrepreneurial/innovation environment 1. Serve as a direct point of contact for entrepreneurship/innovation and startup efforts. a. Coordinate with all entities involved in entrepreneurial efforts in the City of Fayetteville, and serve as the point person in addressing any city-related processes that impact entrepreneurs. b. Maintain a bright line of communication with the City's Economic Development team to maintain accountability and address issues as they arise. c. Work with the City's internal economic development team to brand and market the Startup City of the South concept. 2. Assist the City in creating and staffing a Fayetteville Innovation Council. Focused on creating a collaborative environment that addresses the needs and challenges of entrepreneurs and innovators in Fayetteville, this group should be comprised of successful entrepreneurs or representatives of a broad cross-section of startups based in Fayetteville, including the University of Arkansas. 3. Online Directory. Develop and maintain an online directory of the startup community, accessible from the City's Economic Development web site,with hotlinks to notable successes and best practices, entrepreneurial initiatives,calendar of meet-ups, events and educational and mentoring opportunities,technology support networks, etc. 1 4. Start-up/Entrepreneurial Business Retention and Expansion. Coordinate with the City's contractor for Economic Development Business Retention and Expansion services to provide and share information on needs for capital,talent, data, infrastructure, skills, etc.to promote a welcoming and sustainable environment for startups. *BR&E services for this target sector will be provided by a separate contractor. Two:Increase High Tech Job Growth and University partnerships 1. Develop and maintain a close working relationships with the Arkansas Research and Technology Park(ARTP)executive staff. The contractor's relationship with the ARTP shall be a strong working relationship, with a clear understanding of their direction, opportunities and constraints related to funding,space needs, physical infrastructure limitations, and how the City might assist. Regular meetings to discuss both formal topics for consideration and informal ideas are critical to maintaining the working relationship. 2. Identify affordable housing options for entrepreneurs and startups. In order to provide affordable housing and encourage additional collaboration among U of A entrepreneurs who are working with the University and ARTP to launch a startup business, explore relationships with privatedevelopers and other opportunities that would provide housing at reduced costs and/or within close proximity to reduce transportation costs and time so that student entrepreneurs can funnel their time, energy and funds into their business. 3. Explore the creation of a Startup Village. In the vein of projects such as Kansas City Startup Village and the Innovation District concept in Fayetteville, investigate and report on the concept of a Fayetteville Startup Village, coined around the "Startup City of the South," idea to focus efforts, energy and knowledge sharing that ideally produces an increase in the opportunity for startups to succeed and job growth to accelerate. 4. Partner with the University to further address capital needs. Working closely with the University, ARTP, City and others,the selected contractor shall regularly inventory capital needs and map out potential resources to meet those needs, over the course of time giving specific time parameters for each action step. Three:Create innovativespaces and programs to support entrepreneurs 1. Develop and define an Innovation District. Innovation Districts are creative ecosystems where innovative design and development patterns can help entrepreneurs, established companies, and leaders build unexpected relationships, resulting in transformative 2 solutions.These districts are designed to make unusual collaborations more likely to happen.There is already a burgeoning creative ecosystem in downtown Fayetteville with the presence of numerous startup companies,the proposed Innovation Hub, and the University of Arkansas Community Design Center (UACDC),which advances creative development through design, research, and education solutions from its downtown facility that houses a full-time design and planning staff who deliver professional services for communities and organizations nationwide.These businesses, all of which are located on the Fayetteville Square, are the epicenter of this creative ecosystem that is developing and should become part of the proposed Fayetteville Innovation District. Startup Junkie Consulting will lead a discussion with the appropriate parties currently involved in the development of the entrepreneurial/startup ecosystem in Fayetteville to define the geography of the proposed Innovation District. 2. Create and provide collaboration space. Clustering the physical spaces in which entrepreneurs can collaborate is one way to encourage idea generation, maturation and sharing of resources. Startup Junking Consulting will provide collaboration space free to the public in the form of Centerspace, currently located on the 2"d floor of the Pryor Center. In addition to maintaining the existing Centerspace free and open to the public, Startup Junkie Consulting will conduct an inventory of additional shared space opportunities for entrepreneurs, innovators, inventors and creatives. Support the development of an inventory of available spaces,facilitate a strategic plan to create them, and guide a governance structure for operational sustainability. 3. Develop incentive ideas for startup companies locating downtown. Explore a breadth of incentives and develop ideas to support startup companies locating in downtown, as well as elsewhere within the identified Innovation District. Funding, parking,transit or bicycle incentives, development of attainable housing in close proximity, etc. are some options worthy of consideration, among others. Work with the City, entrepreneurs and others to formally launch incentives that will attract and retain entrepreneurial ventures in the downtown and Innovation District. 4. Support maker space and robotics training center development. Support a maker space and robotics training center development already occurring in the downtown, and explore other relationships to link interested users of the space and related programs to make it a successful venture. 3 Four: Expand Entrepreneurship Education Opportunities at all levels 1. Understand existing industry and targeted business sector needs. Review and participate in workforce analysis studies done for the region to gain an understanding of the workforce availability related to the occupations required of the targeted business sectors, potentially partnering with the NWA Council on this initiative. Care should be taken to not duplicate efforts already underway. 2. Research and conduct a survey of regional higher educational institutions. Develop an understanding of enrollment,degrees offered and graduates of regional institutions of higher education that may serve Fayetteville, meeting as appropriate with leaders of the various educational institutions independently and reporting back to the City the results of these conversations. 3. Convene regional educational leadership. Coordinate with the Northwest Arkansas Council to participate in discussions with local institutions of higher education, public school career and technical education program leaders, as well as local industry and targeted sectors, and determine whether the workforce and training needs of the identified target markets can be met. Work with these institutions to determine possible new program development in the future to meet the needs of the targeted business sectors and existing business and industry. Once established,create and measure performance standards to fill gaps in the workforce and training needed. Five:Support the growing local artisan food and craft beverage industry 1. Partner to support burgeoning local craft beverage and artisan food business plans. Identify and work to expand efforts to ensure high value artisan food and craft beverage companies flourish in Fayetteville, particularly where there is growth opportunity in the market. Work with the Northwest Arkansas Council,the Fayetteville Visitors Bureau,the U of A Food Innovation Center and other parties to ensure the artisan food and beverage industry is supported and that any challenges to existing companies in Northwest Arkansas are identified and addressed. Conduct a targeted online survey focused on understanding how the city and region can support the future growth of the craft beverage and artisan food industry and potentially attract larger operations in the future. Develop a base of knowledge through research of benchmark cities with similar craft/artisan industry clusters, such as Asheville, NC and report these results. 2. Assess need for educational programs. Assess the need for additional educational programs in the region to support the craft beverage and artisan food industry as part of the online survey. 4 Six:Support Talent Attraction.Retention and Development Being able to attract, develop and maintain talent is critical for sustaining the startup business ecosystem. With the presence of the U of A and Northwest campus of the University of Arkansas for Medical Science (UAMS) in the city, and NWACC and Northwest Technical Institute in the region, Fayetteville is positioned to provide young and educated talent,as well as research and development,to support existing and new business/industry.The contractor must provide expertise and resources to gain a comprehensive understanding of the workforce and training needs of the entrepreneurial target sector. 1. Attract and retain the workforce of today and tomorrow. Work with the city to identify and support quality of life initiatives that attract the appropriate workforce and skillsets needed in the target sector of entrepreneurship and innovation. Enable discussions to maintain and enrich an authentic Fayetteville culture for residents, coordinating the various focus areas of Fayetteville First and the City's adopted policies, including a focus on walkable neighborhoods, high quality school choices, mixed-use and urban amenities, diversity,transportation alternatives and amenities such as arts, culture and entertainment/dining options. Care for the environment and a desire to live in communities that practice sustainable development are hallmarks of tomorrow's workforce, and should be part of the foundation to make Fayetteville the Startup City of The South. • 2. Ensure workforce and training needs can be met. Develop and lead programs that enrich talent development, starting at the youngest ages, as a key part of workforce development. Focus on diversity of population in all aspects of entrepreneurship. Continue to lead youth entrepreneurship programs such as E-Teen Ventures and AR Girls Code. Support efforts such as AR Code Festival, Congressional App Challenge, Dream B.I.G. and Lemonade Day of Northwest Arkansas. 3. Millennial advisory panel. Work with the City to create a millennial advisory panel that can recommend policies, education and development practices that provide the best quality of life amenities and environment for this diverse population. Promote,foster, and seek development opportunities that help create an environment and amenities that attract the new millennial worker and/or business owners. Seven: Collaborate;with theeCity for Communication with the Public 1. The City's Economic Development web site will be used to communicate the implementation of the Fayetteville First plan, using the City's branding and marketing. 5 All communication and engagement with the business community via surveys and questionnaires will be done from a link within the City's Economic Development web site pages and will be promoted on the City's social media channels via coordination with the City's Communications and Marketing Team. All performance measures and reports will be updated on a regular basis via the City's web site. Startup Junkie Consulting will work with the City's Communications and Marketing Team to ensure that the deliverables from this contract remain up to date on the City's Economic Development web site. 2. Communications from Startup Junking Consulting related to economic development initiatives within the scope of this contract, major decisions and/or development matters, and public-facing activities should be coordinated with the Mayor's office or his assigned staff. This includes statements at City Council meetings,Agenda Sessions, public presentations, press conferences,etc. Eight: Reports and Presentations 1. Reporting results and milestones will be done as deliverables,are met in the implementation of the Fayetteville First Economic Development Strategic Plan and will be formatted to fit within the City's Economic Development branding on the city web site. The City's internal Economic Development team will meet regularly with Startup Junkie Consulting(at a minimum on a monthly basis)to discuss the status of deliverables. The Mayor and/or City Council may request periodic updates and public engagement for citizens to be"kept informed of the city's economic development goals. Startup Junkie Consulting will be expected to attend quarterly"collaboration meetings" with the City of Fayetteville and the Fayetteville Chamber of Commerce. Startup Junkie Consulting will attend weekly conference calls with the Director of Economic Vitality. 2. Startup Junking Consulting shall provide written reports and prepare a brief presentation to the Mayor and City Council on at least a bi-annual basis. Reports and presentations should outline the tasks accomplished, outcomes achieved and include statistics for each performance measure outlined herein. 3. A schedule for completion of outlined performance measures and a monthly status report shall be submitted for each month of the contract, delivered during regular monthly meetings with the City's internal team. 6