Executive/Council Action Form (ECAF)
ITEM TITLE:
Title
Professional Services Agreement with Northwest Innovation Resource Center
body
DEPARTMENT: Executive
ORIGINATOR: Tonya Watson
EXECUTIVE RECOMMENDATION: Approved
PURPOSE: To execute an agreement between Snohomish County and the Northwest Innovation Resource Center to enhance economic development and the services beneficial to entrepreneurs and inventors throughout the County.
BACKGROUND: The Northwest Innovation Resource Center (NWIRC) is an organization that works with entrepreneurs and inventors in Northwest Washington to identify the strategy, tools, and community resources needed to bring their products and business ideas to life. NWIRC works with local economic development resources and business leaders to provide a network of mentors to budding young entrepreneurs and inventors. NWIRC established IRC Lab-Everett and IRC Lab-Arlington in Snohomish County which will assist entrepreneurs and inventors in the County in their success and is working on establishing a network of Labs throughout the County. The organization will provide programs that directly support the success of entrepreneurs and inventors in the County, develop resources in the County essential to a vibrant entrepreneur segment of the economy, conduct outreach activities to identify and encourage entrepreneurs and inventors to come or remain in the County, and partner with Education Institutions, Port of Everett, Economic Alliance of Snohomish County, business leaders and others to complete activities which will contribute to a sustainable entrepreneurial environment in the County.
FISCAL IMPLICATIONS:
|
EXPEND: FUND, AGY, ORG, ACTY, OBJ, AU |
CURRENT YR |
2ND YR |
1ST 6 YRS |
|
002.2014104101 |
$20,000.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL |
$20,000.00 |
|
|
|
REVENUE: FUND, AGY, ORG, REV, SOURCE |
CURRENT YR |
2ND YR |
1ST 6 YRS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL |
|
|
|
DEPARTMENT FISCAL IMPACT NOTES: Click or tap here to enter text.
CONTRACT INFORMATION:
|
ORIGINAL |
X |
CONTRACT# |
|
AMOUNT |
|
|
AMENDMENT |
|
CONTRACT# |
|
AMOUNT |
|
Contract Period
|
ORIGINAL |
START |
Upon Execution |
END |
12-31-25 |
|
AMENDMENT |
START |
|
END |
|
OTHER DEPARTMENTAL REVIEW/COMMENTS: Click or tap here to enter text.