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Attachment 1 <br /> Memorandum of Understanding <br /> January 1, 2014 to December 31, 2014 <br /> Between i-GATE Municipal Partner Cities <br /> and <br /> i-GATE Innovation Hub Initiative <br /> This MEMORANDUM OF UNDERSTANDING (MOU) is entered as of this 3rd day of <br /> December, 2013 by and between the i-GATE Innovation Hub and the City of Pleasanton <br /> as a Municipal Partner. <br /> The primary objective of this MOU is create to a framework that allows i-GATE to <br /> maintain a singular focus on accelerating the growth of technology startups in the region <br /> while ensuring that our Municipal Partners remain entirely integrated with i-GATE's <br /> activities. <br /> Term <br /> The term of this MOU is for one annual funding cycle, commencing on January 1, 2014 <br /> and ending on December 31, 2014. <br /> Funding Amount <br /> $25,000 <br /> Vehicles for Interaction <br /> i-GATE's desires to foster collaboration across the region while also allowing our <br /> partner cities to compete on equal footing to recruit i-GATE startups that have become <br /> too developed to remain in i-GATE's facility. Implicit in this theme is the notion that the i- <br /> GATE network and facility are designed to add value to a startup at a specific stage of <br /> the company's lifecycle: from formation to series A investment. Beyond this stage of <br /> development, startup companies have very different needs that are best served by the <br /> existing private economy. To this end, several interactions are included: <br /> City Partner Office Hours <br /> i-GATE staff will reserve a dedicated work space within the i-GATE facility for the City <br /> Manager's designated staff from i-GATE partner cities to use on a drop-in or scheduled <br /> basis. The intent of this is to provide a physical space where partner city staff could <br /> work alongside resident startups to build rapport and gain a deeper understanding of <br /> the needs, growth plans, and stages of development of each of the resident companies. <br /> Quarterly or Biannual Demo Sessions <br /> On a quarterly or biannual basis, i-GATE will arrange an informal demonstration <br /> session, during which i-GATE resident startups will present their products, business <br /> plans, and anticipated future facility needs to partner cities. These events could be <br /> followed by social mixers to help build community between i-GATE startups and partner <br /> cities. <br /> Partner City Startup Tours <br /> In collaboration with the partner cities, i-GATE staff will help facilitate Startup Tours of <br /> each of the partner cities, led by the City Manager's designated staff of each city. The <br />