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Minority-Owned Business Support - Efforts and Partnerships Copyrig hted April 5, 2021 City of Dubuque Consent Items # 5. City Council Meeting ITEM TITLE: Minority-Owned Business Support- Efforts and Partnerships SUM MARY: City Manager providing an update on City efforts to support minority owned businesses in Dubuque through programming and partnerships. SUGGESTED Suggested Disposition: Receive and File DISPOSITION: ATTACHMENTS: Description Type Minority-Owned Business Partnerships-MVM Memo City Manager Memo Staff Memo Staff Memo Dubuque THE CITY OF � ui-Aseria cih DuB E , . � . , � II � Maste iece on tj2e Mississi i zoo�•zoiz•zois YP pp zoi�*zoi9 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Minority-Owned Business Support - Efforts and Partnerships DATE: March 31, 2021 Economic Development Director Jill Connors is providing an update on City efforts to support minority owned businesses in Dubuque through programming and partnerships. v Mic ael C. Van Milligen MCVM:jh Attachment cc: Crenna Brumwell, City Attorney Cori Burbach, Assistant City Manager Jill M. Connors, Economic Development Director Dubuque Economic Development Department THE CITY OF � 1300 Main Street All•America Eity Dubuque,lowa 52001-4763 �� � "h�N",`��nz�'��:�:��� Office(563)589-4393 1 I ��� TTY(563)690-6678 http://www.cityofd u bu q ue.org zoo�=zoiz*zo�3 Masterpiece on the Mississippi �oi�*Zoi9 TO: Michael C. Van Milligen, City Manager FROM: Jill M. Connors, Economic Development Director SUBJECT: Minority-Owned Business Support— Efforts and Partnerships DATE: March 31, 2021 INTRODUCTION This memorandum serves as an update on City efforts to support minority-owned businesses in Dubuque through programming and partnerships. BACKGROUND The City Council has identified as a goal having a Robust Local Economy: Diverse Businesses and Jobs with Economic Prosperity. It has also identified Partnership for a Better Dubuque: Building Our Community that is Viable, Livable, and Equitable. As part of reaching these goals, City staff have been working to find ways to support minority-owned businesses in tandem with local and regional partners. DISCUSSION In January 2020, Northeast lowa Community College (NICC) convened a group of potential partners to brainstorm how to work together to support small businesses in Dubuque by identifying logical roles for each of the partners. After two meetings, the COVID-19 pandemic began to monopolize each organization's time in order to address urgent needs in the community. One early effort was to create a local helpline that companies large and small could call in order to be advised of federal, state, and local resources available to them. This helpline continues to operate today, staffed by NICC. In an effort to address the City Council's equity goals in relation to small business, a group City staff began meeting in the summer of 2020 to discuss what role the City could play in assisting minority-owned businesses, especially in light of the negative economic effects of the pandemic. This group included staff from Economic Development, Engineering, Human Rights, and the Multicultural Family Center. The group had internal meetings, as well as with regional partners from the Northeast lowa Chapter of SCORE and the Empower Program out of Cedar Rapids to do some brainstorming with several minority business owners from Dubuque on how we could better support them. In August 2020 NICC launched a program to provide $500 grants to minority-owned businesses. Eighteen (18) grant awards were disbursed in October — November 2020. They were made available in the greater Dubuque area, but with a strong focus within city limits. In January 2021, Economic Development staff began coordinating with Fountain of Youth staff to develop a grant program designed to assist low- to moderate-income business owners. The grant provides $3,000 to the business for eligible expenses — provided that they take part in a minimum of 10 personal and professional development sessions. The Small Business Development Center (SBDC) and NICC helped market this program to their networks, including their list of minority-owned businesses. There is enough funding to provide nine (9) grants. As of this writing seven have been approved, and one is pending—leaving enough funding for only one more grant. Of the eight approved/pending applicants, seven are minority-owned businesses and six are women-owned businesses. As a result of gathering these grant applications, City staff now have a short list of minority-owned businesses. This list is being used to distribute information on resources and opportunities that may be applicable and helpful to these business owners. One opportunity sent to this listsery was a registration link to a statewide Black & Brown Business Summit, hosted by the West Des Moines Chamber of Commerce. In addition to having several local businesses register for the summit, it has prompted several local partners to begin planning a way to offer a summit in Dubuque in the fall of 2021 for minority-owned businesses. Among the multiple potential partners City staff have contacted, four have already agreed to participate in the planning and implementation: Chamber of Commerce, ECIA, NICC, and the Community Foundation. We are hoping that additional partners will find a role in this effort. RECOMMENDATION/ ACTION STEP I recommend continuing to focus adequate City staff time to identify and fill the City's role in a community-wide response to supporting minority-owned businesses. 2