Authorization to Enter into a Funding Agreement for Enterprise Toronto

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The decision

2019-10-02 · Toronto City Council · adopted

As filed

City Council on October 2 and 3, 2019, adopted the following: 1. City Council authorize the General Manager, Economic Development and Culture to negotiate and execute a three-year agreement with the Ontario Ministry of Economic Development, Job Creation and Trade for the delivery of Enterprise Toronto programming, including funding from the Government of Ontario in the amount of $1,000,175 in each of 2019, 2020 and 2021.

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2. City Council increase the 2019 Approved Operating Budget for Economic Development and Culture by $1,000,175 gross, zero net, fully funded by a grant from the Government of Ontario, conditional upon conclusion of an agreement with the Ontario Ministry of Economic Development, Job Creation and Trade. 3. City Council direct the General Manager, Economic Development and Culture to include the Government of Ontario funding of $1,000,175 gross, zero net, towards the delivery of Enterprise Toronto programming in the 2020 and 2021 Operating Budgets submission for Council consideration.

On the agenda

As the city filed it

This report seeks City Council's authorization to enter into a three-year funding agreement with the Ontario Ministry of Economic Development, Job Creation and Trade for Enterprise Toronto programming. Enterprise Toronto is a one-stop source to start and grow a small business, and is one of 48 provincially funded Small Business Enterprise Centres across Ontario. Enterprise Toronto is operated by the City of Toronto, Economic Development and Culture Division.

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The annual funding envelope of $1,000,175 in each of 2019, 2020 and 2021 will enable staff at Enterprise Toronto to support small businesses and start-up companies across the city.

Staff recommended

The General Manager, Economic Development and Culture recommends that: 1. City Council authorize the General Manager, Economic Development and Culture to negotiate and execute a three-year agreement with the Ontario Ministry of Economic Development, Job Creation and Trade for the delivery of Enterprise Toronto programming, including funding from the government of Ontario in the amount of $1,000,175 in each of 2019, 2020 and 2021.

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Considered

2019-09-05 · Economic and Community Development Committee · adopted
Decision as filed
The Economic and Community Development Committee recommends that: 1. City Council authorize the General Manager, Economic Development and Culture to negotiate and execute a three-year agreement with the Ontario Ministry of Economic Development, Job Creation and Trade for the delivery of Enterprise Toronto programming, including funding from the Government of Ontario in the amount of $1,000,175 in each of 2019, 2020 and 2021.
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2. City Council increase the 2019 Approved Operating Budget for Economic Development and Culture by $1,000,175 gross, zero net, fully funded by a grant from the Government of Ontario, conditional upon conclusion of an agreement with the Ontario Ministry of Economic Development, Job Creation and Trade. 3. City Council direct the General Manager, Economic Development and Culture to include the Government of Ontario funding of $1,000,175 gross, zero net, towards the delivery of Enterprise Toronto programming in the 2020 and 2021 Operating Budgets submission for Council consideration.
2019-10-02 · Toronto City Council · adopted

On the record

The item as the City filed it

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