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Home My WebLink About2008-104 EDC - 2006-2007 Small Business & Technology Development Center Renewal • ^s~~ _ RETURN THIS COPY TO THE CLERK'S _ OFFICE FOR THE~PERMANENT AGENDA FILE THIS AGREEMENT, made and entered into the 23rd day of January, 2007, by and between Orange County, North Carolina, 200 S. Cameron Street, Hillsborough, North Carolina, hereinafter referred to as "County" and North Carolina State University for and on behalf of its Small Business and Technology Development Center, 5 West Hargett Street, Suite 600, Raleigh, North Carolina 27601-1348, hereinafter referred to as the "SBTDC". NORTH CAROLINA ORANGE COUNTY WITNESSETH: WHEREAS, the on-going work of the Orange County SBTDC is consistent with the Orange County Economic Development Strategic Plan; and WHEREAS, the work of the Orange County SBTDC~ the development of more comprehensive small business information, and a public awareness and educational program on the services available to small business, is en integral part of meeting the objectives specified in the Orange County Economic Development Strategic Plan; and WHEREAS, the Orange County Economic Development Commission, hereinafter referred to as the EDC, has endorsed the Orange County SBTDC concept, and has encouraged the County's support, financial and otherwise; and • WHEREAS, the EDC is an .agency of the County; and WHEREAS, economic development is an important public purpose which can be aided by contributions of Orange County funds; and , WHEREAS, Orange County supports the Economic Development Strategic Plan, and public-private initiatives.to implement the Plan. Now, therefore, in consideration of the above and the mutual covenants and considerations hereinafter set forth, the County and the SBTDC agree as follows: Frst, in consideration of the EDCs on-going support, the SBTDC will maintain a regional office in Orange County. This will consist, at minimum, of the presence of three professional staff members in the County. Second, the SBTDC will make its general business consulting services and more specialized services and counseling in the areas of international trade, technology. development, and government procurement (including Pro-Bid) available to small firms and would-be entrepreneurs throughout the County. Where appropriate SBTDC will work with specific clients referred by the EDC. • Third, one or more resources libraries will be maintained in the County and handout materials will be available. The SBTDC also will provide access to specialized software such as RMACompare2, a loan package evaluation and spreadsheet program, and other business start-up and assistance resources at no charge to the businesses. !' Fourth, the SBTDC will continue to develop and offer with the EDC and other • sponsors a variety of training programs both for small business firms and for those who serve-small businesses (such as bankers). These will be scheduled bi-annually. throughout the term of this agreement. A specific focus during the term of this contract shall be assistance to female and minority owned businesses. . Fifth, the SBTDC will work actively to increase public awareness of and access to its services throughout the County. A visitation effort will be conducted to acquaint Orange County's employers with services that can assist them with expansion. Efforts will be made to fully involve other agencies and resources such as Chambers of Commerce, SCORE, the local community college, Goodwork, Self Help, and local professional and civic groups. Sixth, the SBTDC will provide technical assistance, business plan and loan package preparation assistance to businesses and individuals preparing to apply for financing from the Orange County Small Business Loan Pool. Seventh, the SBTDC will provide the EDC with a written report within 30 days of the close of each quarter. This will detail the program and service activities of the SBTDC in Orange County for the quarter. The SBTDC also will provide a report of client evaluations of services each quarter. Eighth, the SBTDC will make its best good faith effort to continue and/or expand the level of service in Orange County proposed under this agreement beyond the terms of this agreement. . Ninth, in return for the foregoing, the County will pay the SBTDC $10,000 in two $5,000 installments.. The first such installment shall be paid on or about February 5, 2007, and the final payment will be paid on or about April 15, 2007. Tenth, the EDC will actively support and promote the programs and services of the SBTDC within Orange County. Eleventh, the Director of the EDC will remain a member of the SBTDC Regional Advisory Board as long as this agreement is in efFect. Twelfth, the term of this agreement will be 1 year beginning July 1, 2006 and ending June 30, 2007. Thirteenth, this agreement may be terminated at any time upon the mutual consent of the parties or upon 90 days advance written notice by either party. .Fourteenth, the SBTDC authorizes inspection by the Orange County Finance Director or his designee of so much of the books and records of the SBTDC, which document receipt and expenditure of County funds. The books and records of the SBTDC shall be made available to the County Finance Director or his designee upon reasonable notice. • Fifteenth, in the event that the SBTDC ceases to function or ceases to provide the services described herein without a County approved written assignment or release by County of its responsibilities; this agreement will terminate and the SBTDC will return any moneys paid the SBTDC pursuant to this agreement. IN WITNESS WHEREOF, Orange County has caused this Agreement to be'signed in its name by its County Manager, attested by the clerk to the Board of Commissioners and North Carolina State University acting for and on behalf of its Small Business and Technology Development Center has caused this Agreement to be signed in its name by its Associate Vice Chancellor, Research Administration, and all authority duly given, the day and year first above written. ORANGE COUNTY By: ~ Laura Blackmon County Manager • ATTEST: Clerk o the Orange County Board of Commissioners NORTH CAROLINA STATE UNIVERSITY By: .- o a ee sistant Dir Sponsored Programs • NORTH CAROLINA ORANGE COUNTY I, Yvonnt ~ • sca~/c1'1 ,Notary Public for said County and State, certify that Donna Baker personally came before me this day and acknowledged that she is Clerk to the Board of Commissioners of Orange County, and that by authority duly given and as the act of Orange County, the foregoing instrument was signed in its name by Laura Blackmon, Orange County Manager, sealed with its official seal, and attested by herself as its Clerk. Witness my hand and official seal, this the ~_ day of Y 2007. ®`~`oe~e~ eeee~~e~ i ~~ B•...: Sc ~i ,., o "~ ot~~y .o ~ i No ry Public o __, C) ~ ~ •• ~ My commission expires: ~oZ" ~J' ~ , ,~ ••••....»•°,,~.~, ~~ '~~~4~8ee Co; ; ``~~ . NORTH CAROLINA WAKE COUNTY I, ~~ 1 ~~~ ~ ~ ~~ r /~ ~ ~, a Notary Public for said County and State, do hereby certify that Joan Cr~~~~ personally appeared before me this day and acknowledged that he is 1~55.1-..J~~rec=f~~Z .North Carolina State University, and that by authority duly given and as the act for of North Carolina State University, the foregoing instrument was signed in its name by him. ~- Witness my hand and official seal, this the ~ ~ day of ~~~zc:u ' ~ 2007. Notary Public My commission expires: ~ Cf~ C • • •