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I-GATE DEVELOPMENT CORPORATION
City of Pleasanton
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I-GATE DEVELOPMENT CORPORATION
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Last modified
5/29/2024 1:33:48 PM
Creation date
5/29/2024 1:33:47 PM
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CONTRACTS
Description Type
Professional Services
Contract Type
New
NAME
I-GATE DEVELOPMENT CORPORATION
Contract Record Series
704-05
Munis Contract #
2024570
Contract Expiration
6/30/2024
NOTES
TO SUPPORT THE DEVELOPMENT OF THE TRI-VALLEY STARTUP ECOSYSTEM
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ATE <br /> <br /> <br />Agreement for Program Support <br /> <br /> <br />Since i-GATE's inception in 2010, the Tri-Valley Cities of Dublin, Livermore and Pleasanton, <br />and the Town of Danville, along with Lawrence Livermore and Sandia National <br />Laboratories, have been active partners in supporting the development of the Tri-Valley's <br />startup ecosystem. <br /> <br />While each i-GATE partner organization has unique objectives and makes unique <br />contributions, all benefit from i-GATE's efforts to strengthen the region by helping more <br />startups succeed, including incubation and ecosystem development activities. <br /> <br />This agreement is by and between the City of Pleasanton (City) and the i-GATE <br />Development Corporation (i-GATE) to define support and participation in i-GATE initiatives <br />as identified herein. <br /> <br />Activities <br />The City and i-GATE agree to mutually beneficial participation in the following activities: <br /> <br />Startup Incubation <br /> <br />The City is supportive of i-GATE's incubation activities and will make every effort to help <br />connect appropriate startups to resources available through the incubator, as well as to <br />help retain incubator graduates in the region. i-GATE and our partners have the following <br />mutual objectives in service to promoting the Tri-Valley as a thriving startup hub: <br />• Identify a unique identity for the regional startup economy. <br />• Prioritize reaching entrepreneurs who are building businesses here and those thinking of <br />relocating/expanding. <br />• Identify where the Tri-Valley can compete uniquely for a subset of the broader startup <br />market. <br />• Create a continuous narrative of positive stories about the growth of the local startup <br />economy. <br />• Promote the rich ecosystem of resources helping local startups flourish. <br /> <br />To support the development of the Tri-Valley startup ecosystem, the City 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 />• Suggest stories and make connections that promote the growth of the startup <br />ecosystem. <br /> <br />DocuSign Envelope ID: 6041238A-9DB8-4B58-B8B1-70691C667FA0DocuSign Envelope ID: A9E105E4-25C2-4748-8D62-B3D9F9DFEE8A
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