Fiscal Note
The proposed resolution approves the selection of Northside Planning Council to provide services in support of the MarketReady Program. The resolution authorizes $200,000 for services that were previously approved by Resolution #43204 which authorized releasing a Request for Proposals with this budget. Up to $72,680 will be used to create and implement the MarketReady training, technical assistance, and business coaching program, and approximately $127,320 to be used as micro-enterprise grants to participating entrepreneurs. Funding for the program will be provided by UDAG payment that was previously made to the City.
Title
Approving the selection of Northside Planning Council and its collaborative partners to provide services in support of the MarketReady Program (a business training and micro-grant program designed to help prospective Public Market vendors become ready to start their business and operate within the Madison Public Market when it opens), and authorizing the Mayor and the City Clerk to enter into an agreement with Northside Planning Council to implement the program.
Body
WHEREAS, for the last four years, the City of Madison Public Market Development Committee (formerly known as the Local Food Committee) and Economic Development Division Staff have been conducting research, outreach, and planning for the Madison Public Market; and
WHEREAS, in March of 2016 the Common Council accepted the Public Market Implementation Strategy (RES-16-00194) and directed City Staff and the Public Market Development Committee to move forward with the five Work Elements described in the strategy; and
WHEREAS, one of the five Work Elements identified in the Public Market Implementation Strategy is to create a program focused on supporting and cultivating small businesses interested in becoming Public Market vendors; and
WHEREAS, Staff and the Public Market Development Committee designed the “MarketReady Program” to focus on helping potential publ...
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