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Community Development Block Grant (CDBG) Microenterprise Funds: Grant Administration Agreement for the Low- and Moderate-Income (LMI) Business Assistance Grant ProgramCity of Dubuque City Council Meeting Consent Items # 09. Copyrighted August 15, 2022 ITEM TITLE: Community Development Block Grant (CDBG) Microenterprise Funds: Grant Administration Agreement for the Low- and Moderate -I ncome (LMI) Business Assistance Grant Program SUMMARY: City Manager recommending City Council approval of the resolution approving the Grant Administration Agreement with The Fountain of Youth Program for the administration of the LMI Business Assistance Grant Program funded by previously -allocated federal Community Development Block Grant microenterprise funds. RESOLUTION Grant Administration Agreement with the Fountain of Youth Program to administer the Low- and Moderated ncome Small Business Assistance Grant Program SUGGESTED Suggested Disposition: Receive and File; Adopt Resolution(s) DISPOSITION: ATTACHMENTS: Description Type Fountain of Youth - Small Business Grant City Manager Memo Administration Agreement-MVM Memo Staff Memo Resolution of Approval Agreement Curriculum Event Photo Staff Memo Resolutions Supporting Documentation Supporting Documentation Supporting Documentation THE C Dubuque DUjIBQTE WAWca 914 Masterpiece on the Mississippi YP pp aoo�•o 13 zai7*20*�oi9 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: CDBG Microenterprise Funds: Grant Administration Agreement for the Low- and Moderate -Income (LMI) Business Assistance Grant Program DATE: August 10, 2022 Economic Development Director Jill Connors is recommending City Council approval of the resolution approving the Grant Administration Agreement with The Fountain of Youth Program for the administration of the LMI Business Assistance Grant Program funded by previously -allocated federal Community Development Block Grant microenterprise funds. I concur with the recommendation and respectfully request Mayor and City Council approval. v Mic ael C. Van Milligen MCVM:sv Attachment CC' Crenna Brumwell, City Attorney Cori Burbach, Assistant City Manager Jill Connors, Economic Development Director Caprice Jones, Executive Director & Founder, Fountain of Youth Dubuque Economic Development Department THE CITY OF 50 West 13th Street Ali -America City Dubuque, Iowa 52001-4864 rn,axn,� �nM_atsKa� Office (563) 589-4393 DUB �-y TTY (563) 690-6678 L 11111 ®' http://www.cityofdubuque.org 2007*2012*2013 Masterpiece on the Mississippi 2017*2019 TO: Community Development Advisory Commission FROM: Jill M. Connors, Economic Development Director SUBJECT: CDBG Microenterprise Funds: Grant Administration Agreement for the Low- and Moderate -Income (LMI) Business Assistance Grant Program DATE: August 9, 2022 INTRODUCTION This memorandum presents for City Council review and approval a resolution approving a Grant Administration Agreement with The Fountain of Youth Program to administer a grant program using CDBG Microenterprise funding for the benefit of existing businesses operated by low- and moderate -income (LMI) individuals in the city of Dubuque. BACKGROUND In December 2017, the Community Development Advisory Commission approved the allocation of $150,000 to the Economic Development Department to provide microloans to entrepreneurs and budding businesses. The focus of the program was the Central Avenue Corridor. Three microloans of $35,000 each were provided to income -eligible entrepreneurs to start up their businesses. This left a balance of $45,000 in the allocated fund. Due to a lack of any wrap around services for the existing program's recipients, staff proposed, and the Commission approved at its September 2019 meeting, a pilot of a $1,500 Business Assistance Stipend for income -eligible individuals who were working toward starting a business. The stipend was used to pay for eligible expenses, based on each individual's particular needs in developing a business. At its December 2019 meeting, the Commission approved an amendment to the level of stipend from $1,500 to $3,000 to better assist the businesses. The COVID-19 pandemic caused this program to completely stall because the training available was put on hold. There was enough funding at the time to provide 10 stipends. However, the creation of 10 business startups between March 2020 and June 30, 2021 (date by which funds needed to be expended) seemed unlikely. Only 3 individuals had taken advantage of the program in 2019 and none in 2020. This led to consideration of how to best use these funds to support small business for LMI individuals. DISCUSSION Because the objective of these funds is to provide an economic development benefit to LMI individuals, staff revamped the program to assist existing small businesses that are operated by LMI individuals. Funds were provided in the form of a grant, to be disbursed in two installments, in exchange for the individual's participation in both personal and professional development activities. This serves two purposes: 1) it provides short-term assistance to keep the business afloat; and 2) it positions the business owner to improve the business over the long term due to the personal and professional development activities required to remain eligible for the funds. (Studies show that small business owners who receive three or more hours of mentoring report higher revenues and increased growth.) Covered expenses are only those allowed under CDBG regulations. All covered expenses and grant disbursements are kept on file for auditing purposes, as well as documentation of the required personal and professional development activities. Staff proposed that the City partner with The Fountain of Youth Program to administer the program, provide personal development programming, and hold the individual accountable for progress. The Fountain of Youth Program's curriculum for the grant program is attached. In addition to those sessions, the Fountain of Youth assists the participants in connecting with a business mentor for one-on-one professional development sessions. Due to the success of this program last year (10 businesses took advantage of the program in FY2022, of which 9 were minority -owned and 8 were woman -owned), and the availability of additional CDBG funds in FY2023, I am proposing to continue the program as it was administered last year — by the Fountain of Youth Program. This year's cohort of 6 participants is comprised of 4 minority -owned and 3 woman - owned businesses, namely: • ProlifiC Creations • Rumble Tumble Bounce House Rentals, LLC • Exclusive Cutz and Styles • City Girl Farming • 1989 BAMMF • Super Clean Dubuque LLC New this year was a Kickoff Event which was held August 3rd at the Northeast Iowa Community College's Town Clock Center, in partnership with NICC and the Chamber of Commerce. In attendance were this year's participants, Mayor Cavanagh, several Councilmembers, the City Manager, Economic Development staff, representatives of the Fountain of Youth Program, Chamber of Commerce, SBDC/NICC, Dubuque County, the Innovation Lab, Green State Credit Union, and several of last year's participants. The event was an opportunity for this year's participants to learn about the various resources available to them in the community, to hear from last year's participants about the benefits of the grant program, and to share their hopes and expectations of the program for their own businesses. During the event, connections were already being made among the attendees which could create new opportunities for the participants' success, such as one of last year's participants realizing she could partner with one of this year's participants to increase business for both of them. RECOMMENDATION/ ACTION STEP I respectfully request City Council approval of the attached resolution approving the Grant Administration Agreement with The Fountain of Youth Program for the administration of the LMI Business Assistance Grant Program funded by previously allocated federal Community Development Block Grant microenterprise funds. Prepared by: Jill Connors, Economic Development, 50 W. 1311 Street, Dubuque IA 52001, 563 589-4393 Return to: Jill Connors, Economic Development, 50 W. 131" Street, Dubuque IA 52001, 563 589-4393 RESOLUTION NO. 271-22 APPROVING A GRANT ADMINISTRATION AGREEMENT WITH THE FOUNTAIN OF YOUTH PROGRAM TO ADMINISTER THE LOW- AND MODERATE -INCOME SMALL BUSINESS ASSISTANCE GRANT PROGRAM WHEREAS, Community Development Block Grant funds (the Funds) have been allocated for the purpose of supporting microenterprises within the city of Dubuque which are owned by low- to moderate -income individuals; and WHEREAS, the Community Development Advisory Commission (the Commission) has purview over the use of the Funds; and WHEREAS, the Commission has reviewed and approved the use of the Funds in the City of Dubuque Small Business Assistance Grant Program (the Grant); and WHEREAS, The Fountain of Youth Program has the infrastructure necessary to administer the Grant: and WHEREAS, the City Council finds that it is in the interests of the City of Dubuque to approve the Grant Administration Agreement with The Fountain of Youth Program to administer the Grant. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. That the Grant Administration Agreement between the City of Dubuque, Iowa, and The Fountain of Youth Program, a copy of which is attached hereto, is hereby approved. Section 2. That the Mayor is hereby authorized and directed to execute the Grant Administration Agreement on behalf of the City of Dubuque and the City Clerk is authorized and directed to attest to his signature. Section 3. That the City Manager is authorized to take such actions as are necessary to comply with the terms of the Grant Administration Agreement. Passed, approved and adopted this 1511 day of August, 2022. Brad Cay...rtMayor AttA4est: Adrienne N. Breitfelder, City Clerk GRANT ADMINISTRATION AGREEMENT BY AND BETWEEN THE CITY OF DUBUQUE, IOWA AND THE FOUNTAIN OF YOUTH PROGRAM THIS AGREEMENT, dated for reference purposes the 16' day of Au qus 202q by and between the City of Dubuque, Iowa (City) and The Fountain of Youth Program, an Iowa non-profit corporation (Agency). WHEREAS, the City Council of the City of Dubuque has previously identified as a goal 'Robust Local Economy: Diverse Businesses and Jobs with Economic Prosperity'; and WHEREAS, on January 20, 2021, the City of Dubuque Community Development Advisory Commission approved a program, known as the LMI-Owned Business Assistance Grant Program (the Program), using Community Development Block Grant microenterprise funds for business grant support to small businesses operated by low - and moderate -income individuals; and WHEREAS, City staff have determined it is necessary to partner with an organization for the administration of the Program; and WHEREAS, Agency serves low-income individuals with their personal development and financial goals; and WHEREAS, City staff have identified Agency as an appropriate organization to facilitate the administration of the Program. NOW THEREFORE, THE PARTIES HERETO AGREE AS FOLLOWS: SECTION 1. SCOPE OF SERVICE. 1.1 Agency shall make its personal development services available as described in Attachment A to City of Dubuque residents interested in the Program (Candidates). 1.2 Upon approval of Candidates to participate in the Program, City shall disburse CDBG microenterprise funds (the Funds) to Agency upon receipt of an invoice in an amount not to exceed three thousand dollars ($3,000) per Candidate to cover eligible expenses as provided in Section 1.5. 1.3 Agency shall work with Candidates for not fewer than two (2) months (Eight 45- 60-minute sessions), providing 1-on-1 support, mentoring, and advocacy to help Candidates learn new personal development skills and tailor goals to align with the successful operation of a business. 07292022bal 1.4 Agency shall ensure Candidate compliance with additional Qualifying Requirements as described in Attachment B. 1.5 Agency shall disburse the Funds to Candidates on a prescribed schedule at City's sole discretion for eligible expenses of a Candidate's business as described in Attachment C. 1.6 Agency shall keep records of all Candidate applications, Qualifying Requirements, and eligible expenses paid from the Funds. 1.7 Agency shall provide all records of receipt of and payment of the Fund and deliver such records to City once the Funds have been fully expended, and/or upon written request from City. 1.8 Agency shall return to City the unused balance of the Funds by each Candidate on or before June 30, 2023. SECTION 2. CITY RESPONSIBILITIES. City designates the Economic Development Director to act as its representative with respect to the services to be performed under this Agreement, and such person shall have authority to transmit instructions, receive information, interpret and define City's policies and provide decisions in a timely manner pertinent to the services covered by this Agreement until Agency has been advised in writing by City that such authority has been revoked. SECTION 3. TIME OF PERFORMANCE. This Agreement shall take effect upon execution by both parties (the Effective Date). The Term of this Agreement shall be from the Effective Date through June 30, 2023. SECTION 4. COMPENSATION 4.1 City shall pay Agency an amount not to exceed Six Hundred Dollars ($600) as compensation for the services provided by Agency as listed in Section 1, for each Candidate, which payment shall constitute full and complete compensation for such services. 4.2 Compensation will be made in two payments of Three Hundred Dollars ($300) each. The compensation shall be paid by City to Agency upon receipt of an invoice listing participant name and confirmation of a Candidate's completion of half of required obligations within ten (10) days of receipt by City of the invoice. SECTION 5. AUDIT AND EVALUATION. Inasmuch as the funds to be provided to Agency by City are public funds, Agency agrees that it will maintain books of account in accordance with Generally Accepted Accounting Standards together with necessary documentation to support all expenditures. The records of Agency, including payroll 2 accounts and other records of disbursements and receipts, and other records relating to the performance of the activities herein specified, shall be made available for inspection by City or any Certified Public Accountant acting on its behalf, in order to ascertain performance of Agency under this Agreement. Agency agrees to retain such records for not less than three (3) years. SECTION 6. REPORTING AND MONITORING. 6.1 Agency shall provide to the Economic Development Director a quarterly report detailing its activities related to the use of the Funds. Such report shall include a performance report on the program(s) supported by the Funds and a financial report on the use of the Funds, which shall be rendered no later than October 15th, 2022, January 15th, 2023, April 15th, 2023, and July 15th, 2023. A written annual equity report shall be submitted within sixty (60) days of the end of the Term. The performance report shall include services relevant to the objective, output, and outcome that furthers identified City Council goals. https://www.cityofdubugue.org/FormCenter/Economic-Development-10/Small-Business- Grant-Administration-Repo-639 6.2 If Agency has an annual audit performed, Agency shall provide City with a copy of the annual audit report within ninety (90) days of the end of Agency's fiscal year. SECTION 7. DISCRIMINATION. 7.1 In carrying the services under this Agreement, Agency shall not discriminate against any applicant because of age, color, familial status, gender identity, marital status, mental/physical disability, national origin, race, religion/creed, sex, or sexual orientation. Agency assures that all qualified applicants will receive consideration for the Program without regard to age, color, familial status, gender identity, marital status, mental/physical disability, national origin, race, religion/creed, sex, or sexual orientation. 7.2 Agency agrees and will undertake whatever affirmative measures are necessary so that no person shall be excluded from participation in, be denied the benefits of, or be subjected to discrimination under any program or activities funded in whole or in part with any of the funds made available to Agency under the terms of this Agreement because of age, color, familial status, gender identity, marital status, mental/physical disability, national origin, race, religion/creed, sex, or sexual orientation.. SECTION 8. TERMINATION OF AGREEMENT. 8.1 If, through any cause, Agency shall fail to fulfill in a timely and proper manner its obligations under this Agreement, or if the Agency shall violate any of the covenants, agreements or stipulations of this Agreement, City shall thereupon have the right to terminate this Agreement by giving written notice to Agency of such termination and specifying the effective date thereof which shall be not less than thirty (30) days before 3 the effective date of such termination. If Agency shall fail to cure its default to the satisfaction of City in City's sole discretion within such thirty -day period, this Agreement shall be deemed terminated at the end of such thirty -day period without further action of either party. 8.2 Upon termination of this Agreement, Agency shall return to City all unexpended Funds andfor any Funds utilized for purposes other than stated in this Agreement. SECTION 9. ASSIGNABILITY. Agency shall not assign any interest in this Agreement without the prior written approval of City in City's sole discretion. SECTION 10. INSURANCE. At the time of execution of this Agreement by Agency, Agency shall provide the City copies of Agency's insurance certificates showing general liability, automobile liability, and workers compensation insurance coverage to the satisfaction of City for the Term of this Agreement.. CITY OF DUBUQUE, IOWA Attest: aA, // &" - Adrienne N. Breitfelder, City Clerk THE FOUNTAIN OF YOUTH PROGRAM By:''—�I Cap'riceJonds, Executive Director ATTACHMENT A Career and Professional Development: Entrepreneur Tract Week 1: Personal Domlopment ■ Communication_ verbal, non-verbal,written, visual + Interpersonal skits ■ organizationalskills ■ Problemsohing ■ self€onfiden€e + Adaptability ■ Integrity ■ work ethic + Leadership Week 2: Goal Setting ■ short term vs long term ■ Personal goals: advancing your interest ■ Professional goals • sm&RT goals used Make goal as clear & detaied as possible 4 Haw wi I you measure success? 4 Are they achievable? Ls it relevant? 4 seta begin ning & ending date Week 3: Marketing (4 Fs) ■ Product: • Price ■ Promotion • place 4 identify products and services --> identify your oustamers 4 Iskquestions Define your maricetirg mix 4 Test your work 4 Review regularly Week* Budgeting ■ calculating income ■ calculating expenses ■ Set goals ■ Choose a budget strategy [envelope system] ■ Adjust you rhabits ■ Automated banking;QuicBooksj ■ Trade your progress ■ Developing sample budget 0 Week5: CLwWFnerSeraic4 ■ Communication skills continues ■ Patience ■ AsiCrve listening ■ Conflietresolution ■ [decision Making ■ Dependability ■ Knowledge ofprodurtandservioes ■ open mindedness + Responsiveness ■ Timeliness Week 6: Human Resaurres ■ Recruitment ■ onboarding ■ Employee benefits ■ Art as an intermediary • Training and development • Legal compliance Week 7: Networking + onlinegroups ■ Professionalassociations ■ Casual contacts ■ Community service clubs 4 Choose whatworksbest foryou 4 Make genuine connections 4 How can you contribute tothe relationship? � 5tay€on5stent 4 continue to build your network Woek 8: Seg Care & Persona I Growdn • worVrfe balance • Assess your persona I needs • Achieve a balance that works for you • rind something you love 4 control anger 4 Overcome urger to procrastinate � Take time to be there for you 4 Break habit of laziness � Learn to be considerate 4 Learn to be responsible 4 Develop skills and always learn � Positive attitude ATTACHMENT B THE C-Fry OF DUB Masterpiece on [tie Mississippi Dubuque t isEk prnent Department Department sa war i3" Street WAIst7 Lq •myaa-�:.- Dubuque. Iowa 52U01-"6d Offim{569� 589 4213 TTP (563) 690-6678 http:�fw .otyaidubuque.ag 2007.2012.2012 2D17*2019 LMI — OWNED BUSINESS AS SIBTAN CE GRANT PROGRAM PURPOSE, ELIGIBILITY, AND REQurREMEPLT Purpose The City of Dubuque is a recipient of federal Community Development Block Grant (CDBG) funds from the Department of Housing and Urban Development (HUD), which must be used to support a national objective, one of which is to provide economic development benefit to lour and moderate income (LMI) individuals and areas. A business may qualify fora grant up to $3,000 if all eligibility and qualifying requirements are m . There is no auarantee that a business wil I be funded_ The intent of the program is to serve as many businesses as possible. The purpose of this grant is to help businesses succeed over the long term- Part of succeeding is not just covering current expenses with a grant, buL also to develop strategies for continued success- The qualifying requirements are meant to provide ongoing support to the business owner in the -owner's efforts to improve business practices and increase income- Eligibility■ The business owner lives inside the city limits of the City of Dubuque- ■ The business has fewer than five (5) employees- ■ The business has been operational for at least (six) 5 months before application. ■ The business owner is an individual from an LMI household. Application Process Applicatiansare to be submitted online at httpsl ww-citvofdul)uaue.ara±1ntfEconomic-Development The following documentation is needed to process an application_ ■ Appl ication —sign ed1dated 0 ATTACHMENT C THE C-Fry OF DUB Masterpiece can [tie miswissippi Dubuque t isEk prnent Department Department sa war i3" Street AFAIst7Lq •myaa-�:.- Dubuque. Iowa52U01-"64 Offim{569� 589 4213 TTP (563) 690-6678 http:�fw .otyaidubuque.ag 2007.2012.2012 2017*2019 ATTACHMENT D EXAMPLES OF ELIGIBLE AND INELG[BLE EXPENSES Federal regulations demand that this funding be used only for eligible expenses. If you are unsure if an expense will be eligible for the Grant you mus( first oantact Jill Connors for verification. You may ernaillilconno[ cityafdubugue_argorcall 563-564-5686. Failure to confirm whether an expense is eligible may result in non overage of that expense by the Grant - Proof of these expenses is reguire-dto be reimbursed by the grant such as a paid invoice, bill, or receipt that clearly shows the itemiservioe purchased - Same examples of eligible and non -eligible expenses- Elioible ■ Rentlutilities of commercial space (home office not eligible) ■ Salaries for employees not owner) ■ Supplies (think= paperclips, scissors, hangers, plates, etc-) ■ Marketing f ads ■ Permanent equipment ■ Permanent signage ■ Qu ick600ks ■ Training1technical assistance NOT Eligible ■ Temporary signs ■ Furniture ■ Inventory (quantities of the product you sell) ■ Laptopftechnology)poimof sale equipment 1 10 Career and Professional Development: Entrepreneur Track Week 1: Personal Development • Communication: verbal, non-verbal, written, visual • Interpersonal skills • Organizational skills • Problem solving • Self confidence • Adaptability • Integrity • Work ethic • Leadership Week 2: Goal Setting • Short term vs long term • Personal goals: advancing your interest • Professional goals • SMART goals used 4 Make goal as clear & detailed as possible 4 How will you measure success? 4 Are they achievable? 4 Is it relevant? 4 Set a beginning & ending date Week 3: Marketing (4 P's) • Product • Price • Promotion • Place 4 Identify products and services 4 Identify your customers 4 Ask questions 4 Define your marketing mix 4 Test your work 4 Review regularly Week 4: Budgeting • Calculating income • Calculating expenses • Set goals • Choose a budget strategy (envelope system) • Adjust your habits • Automated banking (QuickBooks) • Track your progress • Developing sample budget Week 5: Customer Service • Communication skills continues • Patience • Active listening • Conflict resolution • Decision Making • Dependability • Knowledge of product and services • Open mindedness • Responsiveness • Timeliness Week 6: Human Resources • Recruitment • Onboarding • Employee benefits • Act as an intermediary • Training and development • Legal compliance Week 7: Networking • Online groups • Professional associations • Casual contacts • Community service clubs 4 Choose what works best for you 4 Make genuine connections 4 How can you contribute to the relationship? 4 Stay consistent 4 Continue to build your network Week 8: Self Care & Personal Growth • Work/life balance • Assess your personal needs • Achieve a balance that works for you • Find something you love 4 Control anger 4 Overcome urger to procrastinate 4 Take time to be there for you 4 Break habit of laziness 4 Learn to be considerate 4 Learn to be responsible 4 Develop skills and always learn 4 Positive attitude _ , ;C+-• rrr tam 71 :,�, k �1� LAt aL ,J k, � IFNI IF 6 � fi a