Item Description:
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Neg 33 Elevate Hennepin advising Agmts for small business consulting, 01/01/26-12/31/26, total combined NTE $2,500,000
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Resolution:
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BE IT RESOLVED, that the Executive Director be authorized to negotiate 33 Elevate Hennepin advising Agreements to provide small business consulting services as part of the Elevate Hennepin business advisor network, during the period January 1, 2026 through December 31, 2026 with a total combined not to exceed amount of $2,500,000, with the option for the Authority to amend the Agreements to adjust any individual not to exceed amount within the total combined not to exceed amount based on demand and capacity for consulting services within the agreement period; that following review and approval by the County Attorney's Office, the Chair be authorized to sign the agreements on behalf of the Authority; and that the Controller be authorized to disburse funds as directed.
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Background:
Hennepin County provides resources that help businesses start, thrive, and scale, generating jobs and increasing economic prosperity throughout the county. The core offering is Elevate Hennepin's professional consulting provided directly to business owners by a local network of talented and culturally competent business advisors.
The Hennepin County Housing and Redevelopment Authority (HCHRA) supports professional service agreements with multiple competitively selected advisors to offer and provide consulting services at no cost to business owners across the county. By supporting the cost of these services and training opportunities, HCHRA reduces barriers to entrepreneurship and addresses structural inequities faced by business owners who are Black, Indigenous, people of color, and women, in starting and growing a successful business in Minnesota.
A competitive request for proposals (RFP) was conducted in fall 2024 to identify qualified organizations to serve as business advisors in the Elevate Hennepin network. T...
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