Explanation
BACKGROUND: This legislation authorizes the Director of the Department of Development to enter into a grant agreement with Columbus State Community College, through their Small Business Development Center (SBDC), in an amount up to $110,000.00. This agreement provides continued financial support for staff, including a Spanish-speaking business advisor. This agreement also allows for the advancement of funding per a predetermined schedule.
The Ohio Small Business Development Center at Columbus State Community College is a public/private partnership supported in part by the U.S. Small Business Administration, Ohio Department of Development, Columbus State Community College, the City of Columbus and other local partners. SBDC serves an eight-county region including Delaware, Fairfield, Franklin, Licking, Logan, Madison, Pickaway, and Union counties.
SBDC is part of America’s Small Business Development Centers, a national network comprised of over 1000 Centers across the U.S. including 29 in Ohio. The Ohio SBDC Network provides one-on-one advising, by Certified Business Advisors, at no cost and conduct no or low-cost business training. SBDC focuses on all industries and business needs from seed to maturity and everything stage in-between.
Emergency action is requested to ensure continuous programming to promote job creation and economic development.
FISCAL IMPACT: Funding is available within the Economic Development Division’s 2025 General Fund budget, contingent upon the passage Ordinance 3228-2025 for the third quarter financial review transfer.
CONTRACT COMPLIANCE: the vendor number is 004263 and contract compliance expires on 03/14/2027.
Title
To authorize the Director of the Department of Development to enter into a grant agreement in an amount up to $110,000.00 with Columbus State Community College to provide financial support for their Small Business Development Center staff; to authorize the transfer and expenditure of up to $110,00...
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