| Item Title: | Economic Development Department - City Accelerator Grant MOU Agreement |
| Submitted By: | Economic Development Department (915) 546-2177 |
| Subject: | Approve and authorize the County Judge to sign a Memorandum of Understanding Between the City of El Paso and the County of El Paso to refer minority-owned local businesses to the City's Accelerator Program, to help remove barriers to important resources and enhance economic opportunities. There is no fiscal impact. (Contract No. 2019-0018) |
| Background: | The City of El Paso was awarded $100,000 in grant funding to use towards extending resources for the minority business community such as capital, contracts, markets, and strategic business consulting services. Collaborative efforts between the County of El Paso and the City of El Paso will be to assist in referring minority-owned local businesses to the City's Accelerator Program to help remove barriers to important resources and enhance economic opportunities. |
| Fiscal Impact: | No fiscal impact. |
| Recommendation: | Approve and authorize the County Judge to sign a Memorandum of Understanding Between the City of El Paso and the County of El Paso to refer minority-owned local businesses to the City's Accelerator Program, to help remove barriers to important resources and enhance economic opportunities. This MOU has no impact to the County's budget. (Contract No. 2019-0018) |
| Prior Action: | N/A |
| Strategic Plan: | .. |
| Strategic Plan Information: | |