Res 2025-181 approving a one-year extension of the city’s contract with the Hays Caldwell Economic Development Partnership (“HCEDP”) in the amount of $200,000.00, plus eligible expenses, for economic development services

Home Browse Search

the Small Business Administration's (SBA) definition. The Partnership will also ensure microbusiness, defined as those with less than ten employees, are included in its program offerings. 1. Objective: To diversify and grow the regional economy by working with SMEs and microbusinesses in primary industry sectors by evaluating their needs and assisting them to find appropriate resources in vital areas such as entrepreneurship, business planning, and other resources to help companies grow and expand locally. 2. Deliverables: a. Support the City's erforts of a minimum of four (4) educational events per fiscal year that focus on the needs of small business, microbusinesses, wog and' minority owned businesses, or entrepreneurs in partnership with the City or local community organizations in the City and provide a written semi-annual report to the City Manager on feedback received. b. Create and maintain a "one -stop shop" online database with resources specifically curated to assist small businesses, including SNIEs and rnicrobusiriesses, and refer any inquiries by City of San Marcos businesses to, the Economic and l3usiness Development Manager for assistance as needed. d. Promote small business counseling programs that are offered by the City of San Marcos or other community organizations in San Marcos. e. Encourage the Texas State Small Business Development Center (SBDC) office (a federally directed program) to enhance its geographic presence in San Marcos by hosting office hours locally in a publicly accessible space such as the San Marcos Public Library or the offices of the Partnership. E Support any efforts by the City to advocate for federal resources to be allocated to locate a permanent SBDC office in San Marcos. 9- h. Continue to strengthen relationships with local cultural organizations including development of Spanish language translations of materials for programs and resources for workforce development efforts. A translation plugin for digital content will also be explored and implemented if viable. E. Business Attraction (Contacts and Leads). The Partnership agrees to function as the City's initial contact for prospective employers and businesses in primary industry sectors in matters related to economic development and will work EDSM Approved on Aug. 22, 2025: One -Year Extension (Clean Version) Page 2 of 25