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05
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2018
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082118
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8/15/2018 8:55:15 AM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
8/21/2018
DESTRUCT DATE
15Y
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• ATTACHMENT 1 <br /> 0 GATE <br /> Agreement for Program Support <br /> Since i-GATE's inception in 2010, the Tri-Valley Cities of Dublin, Livermore and Pleasanton, and <br /> the Town of Danville, along with Lawrence Livermore and Sandia National Laboratories, have <br /> been active partners in supporting and advising the development of programs and activities <br /> toward building the region's entrepreneurial environment. <br /> While each partner organization within the i-GATE governance framework offers a unique set of <br /> assets requiring some specialization, all benefit from i-GATE's efforts to foster startup <br /> companies and shape the innovation climate in the Tri-Valley. <br /> This agreement is by and between the City of Pleasanton and the i-GATE Development <br /> Corporation (i-GATE) to define support and participation in i-GATE initiatives as identified <br /> herein. <br /> 1. Activities. The City of Pleasanton and i-GATE agree to mutually beneficial participation <br /> in the following activities: <br /> Startup Incubation <br /> i-GATE operates The Switch and Switch Labs, providing physical space and resources to <br /> support early-stage startups, entrepreneurs and professionals as they start and build <br /> businesses in the Tri-Valley. <br /> i-GATE will: <br /> • Operate The Switch and Switch Labs in compliance with all local, state, and federal laws <br /> • Facilitate interaction between incubator companies and city economic development staff <br /> • Provide regular updates on key metrics related to startup incubation, such as the <br /> number of member companies, capital raised, jobs created, and others as requested. <br /> The City of Pleasanton will: <br /> • Promote its partnership with i-GATE and act as a source of referrals for the incubator <br /> • Make staff available to help current and graduating companies identify and connect with <br /> city resources <br /> • Have representative(s) serve on the Board of Directors. <br /> Events and Programs <br /> Events and programs are an effective way to build community and enhance connectivity <br /> amongst entrepreneurs. The focus of i-GATE's events and programs is to facilitate shared <br /> learning and network building opportunities for local entrepreneurs. <br /> i-GATE will: <br /> • Design and execute events that are valuable and relevant to local entrepreneurs, with an <br /> emphasis on important local industries <br />
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