File #: 23-998   
Status: Agenda Ready
File created: 7/6/2023 In control: Clark County Board of Commissioners
On agenda: 7/18/2023 Final action:
Title: Approve and authorize the Director of Community & Economic Development (Director) to sign an Agreement with the Henderson Chamber of Commerce Foundation (HCCF) to provide business grant sub-awards and resources for woman-, veteran- and/or minority-owned micro-businesses, start-ups and expanding businesses enrolled in the HCCF's Business Incubator Program. (For possible action)
Attachments: 1. Staff Report, 2. Clark County Grant Agreement

CLARK COUNTY BOARD OF COMMISSIONERS

AGENDA ITEM

 

Petitioner:

Shani J. Coleman, Director Community & Economic Development

Recommendation: 

title

Approve and authorize the Director of Community & Economic Development
(Director) to sign an Agreement with the Henderson Chamber of Commerce
Foundation (HCCF) to provide business grant sub-awards and resources for
woman-, veteran- and/or minority-owned micro-businesses, start-ups and
expanding businesses enrolled in the HCCF's Business Incubator Program. (For
possible action)

body

 

 

FISCAL IMPACT:

Fund #:

4370.000

Fund Name:

County Capital Projects

Fund Center:

1080711000

Funded PGM/Grant:

AD.DISTAECON&RD AD.DISTFECON&RD AD.DISTGECON&RD

Amount:

$45,000

Description:

Grant Sub-Awards for Henderson Disadvantaged Businesses

Additional Comments:

N/A

 

BACKGROUND: 

The Office of Community and Economic Development (OCED) seeks to partner to with the Henderson Chamber
of Commerce Foundation (HCCF) to help businesses owned by socially and economically disadvantaged
individuals build capacity and resiliency.  The Agreement will provide grant sub-awards to businesses that are
majority owned and controlled by disadvantaged individuals enrolled in the HCCF's Business Incubator.  Each
sub-grant will cover the lease of a basic furnished office space with utilities and services for a duration of six
months.  Sub-award recipients will also receive a one-year membership to the Henderson Chamber of Commerce
and access to special programming and resources.

The terms of the Agreement include:
     1.                     One-time Administrative and Reporting Fee of $4,500;
     2.                     Funding for up to nine (9) sub-grants in amount not to exceed an aggregate total of $40,500.

The duration period of the Agreement will be two years from the date of approval and execution.