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HomeMy WebLinkAboutCRA-R-13-0044 Cover MemoSEOPW Board of Commissioners Meeting July 25, 2013 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Michelle Spence -Jones and Members of the CRA Board Date: July 18, 2013 File: 13-00846 Subject: Resolution Authorizing a Grant to NANA for the Business Incubator and Community Work Training Programs. From:, Clarence E. Woods, Ill References: Executive Director Enclosures: Supporting Documentation; Resolution BACKGROUND: It is recommended that the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency ("CRA") approve and adopt the attached Resolution authorizing issuance of a grant, In an amount not to exceed $80,000, to Neighbors and Neighbors Association, Inc. ("NANA") to underwrite costs associated with the continued operation of the Business Incubator and Development Program, and the operation of the Community Workforce Training Program. NANA is a non-profit corporation established in 1995 to assist small businesses throughout Miami -Dade County, and has been retained by Miami -Dade County to provide technical assistance for its Mom and Pop Small Business Grant Program and its Micro Loan Program. In recognition of NANA's success with small businesses and job creation, the CRA has authorized grants to NANA in the past to ensure that specialized technical assistance tailored to the needs of the Redevelopment Area are available to complement and further the CRA's economic development efforts. NANA seeks assistance from the CRA to continue the administration of the Business Incubator and Development Program currently operates at the NANA's Business Resource Center, 1490 NW 3rd Avenue, Miami, Florida. The Business Incubator and Development Program has served a number of local small businesses by enabling access to, among other things, technical assistance, workshops and training, office services, assistance with identifying capital funding sources, and a business mentoring partnership. NANA also seeks assistance in implementing the Community Workforce Training Program, which aims to ensure that local residents have the necessary skills and certifications that will increase their job readiness. The Community Workforce Training Program will consist of employment screening, placement, and referrals of local residents seeking to obtain gainful employment. JUSTIFICATION: Section 2, Goals 4 and 6, at page 11, of the 2009 Southeast Overtown/Park West Redevelopment Plan (the "Plan") lists the "creatilon of] jobs within the community," and "improving the quality of life for residents" as a stated redevelopment goals. Section 2, Principle 6, at Page 15, of the Plan also provides for the improvement of the neighborhood economy and the expansion of economic opportunities through the enhancement of existing businesses and local entrepreneurs, as well as the attraction of new businesses that provide needed services and opportunities. This Resolution furthers the aforementioned redevelopment goals and principles. FUNDING: $80,000 from SEOPW Tax Increment Fund, "Other Grants and Aids," Account Code No. 10050.920101.883000.0000.00000.