TO: CRA Board of Commissioners
FROM: Joan K. Goodrich, Economic Development Director
THROUGH: Jeff Costello, CRA Executive Director
DATE: March 12, 2019
Title
THE CENTER FOR TECHNOLOGY, ENTERPRISE, DEVELOPMENT, INC. (TED CENTER) -1st QUARTER FY 2018-19 REPORT
Body
Recommended Action:
Recommendation
Receive and file.
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Background:
The CRA awarded The Center for Technology Enterprise and Development, Inc. (TED Center) a grant in the amount of $65,000 on November 13, 2018 to conduct additional customized training and support services for businesses and residents of the City of Delray Beach, and the CRA District, including local government contracting, small business certifications and youth entrepreneurship.
Below are highlights and program snapshots from the TED Center’s 1Q FY 2018-19 ending December 31, 2018. It is noted that during 1Q FY 2019 time was spent primarily on marketing and advertising the new program services. Workshops and training are scheduled to occur at the end of February, March and April 2019.
Program Snapshot: Government Contract Training CRA Funding: $37,500
|
Select Key Program Metrics |
Annual Total |
1Q Totals |
Year-to-Date Totals |
|
# of Participants |
45 |
0 |
0 |
|
# of Workshops |
4 |
0 |
0 |
Program Snapshot: Small Business Certification CRA Funding: $11,000
|
Select Key Program Metrics |
Annual Total |
1Q Totals |
Year-to-Date Totals |
|
# of Workshops Conducted |
4 |
0 |
0 |
|
# of Local Small Businesses Certified |
12 |
0 |
0 |
|
# of Local Small Businesses Registered as a Government Vendor |
12 |
0 |
0 |
Program Snapshot: Youth Entrepreneurship CRA Funding: $16,500
|
Select Key Program Metrics |
Annual Total |
1Q Totals |
Year-to-Date Totals |
|
# of Youth Entrepreneurship Workshops Conducted |
6 |
0 |
0 |
|
# of Youth Participants |
20 |
0 |
0 |
|
Name and Type of Small Business Created |
1 |
0 |
0 |
CRA Attorney Review:
N/A
Finance Review:
N/A
Funding Source/Financial Impact:
CRA General Ledger# 7415 - Economic Development Incentives
Timing of Request:
N/A
Attachment(s): Program/Project Goals Outcome; Print Ads and Social Media; Combined Budget and Program Budget Forms,