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File #: 1987-2018    Version: 1
Type: Ordinance Status: Passed
File created: 7/3/2018 In control: Economic Development & Small Business Committee
On agenda: 7/23/2018 Final action: 7/25/2018
Title: To authorize the Director of the Department of Development to enter into contract with Rev 1 Ventures, Inc.; to authorize the expenditure of $50,000.00 from the Division of Economic Development’s 2018 General Fund Budget; and to declare an emergency. ($50,000.00)
Attachments: 1. ORD1987-2018 2018-07-06 ED Rev1 ESO 2018
Explanation
BACKGROUND: This legislation authorizes the Director of the Department of Development to enter into contract with Rev 1 Ventures, Inc. (Rev 1) for an amount up to $50,000. Rev 1 Ventures, Inc. has been selected as an Entrepreneurial Support Organization (ESO) for the new City of Columbus’s Small Business and Entrepreneur Support Pilot Program.

The Department of Development solicited Requests for Proposals for the Small Business and Entrepreneur Support Pilot Program contract. The project was formally advertised on the Vendor Services web site from April 11, 2018, to May 3, 2018. The city received 18 responses. Of the 18 responses, five were deemed nonresponsive and the remaining 13 were evaluated when the Evaluation Committee met on May 22, 2018.

Responsive proposals include:
Vendor Name Location
Anton Global LLC Columbus
Aspiring Grace LLC Columbus
Columbus State Community College Columbus
Columbus Urban League Columbus
Community Capital Development Corp Dublin
ECDI Columbus
Idea Foundry Columbus
Marcus Muhammad Columbus
New Harvest Urban Arts Center Columbus
Rev1 Ventures Columbus
Social Ventures Columbus
Sundown Group New Albany
Your Management Team Columbus

Nonresponsive proposals include:
Columbus Compact Corp
Underwood & Associates
Radio One
Microcosm Community Improvement Corp
Increase CDC

Of the 13 responsive proposals, three companies were selected to participate in the Small Business and Entrepreneur Support Pilot Program. Each contract will have its own ordinance.

Rev 1 was one of the three that received the highest score by the evaluation committee and will be awarded one of the contracts.

Searches in the System for Award Management (Federal) and the Findings for Recovery list (State) produced no findings against Rev 1.

The Small Business and Entrepreneur Support Pilot Program is designed to better serve current and future needs of the small business community by creating additional opportunities to in...

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