HomeMy WebLinkAbout10 01 2014 Technology Village Minutes1. Call to Order
CITY OF PRIOR LAKE, MINNESOTA
TECHNOLOGY VILLAGE BOARD OF DIRECTORS
MEETING MINUTES — October 1, 2014
The meeting was called to order at 4:08 p.m. in the Little Prior Conference Room at City Hall. Members present:
Gerry Hughes, David Rech, Lori Frank and Adam Proehl. Members absent: Rick Bump and Kris Pauna.
Staff present: Casey McCabe.
2. Approval of Meeting Minutes
a. August 6, 2014
MOTION BY HUGHES and SECOND BY FRANK to approve the August 6, 2014 meeting minutes.
With Rech abstaining the motion was approved.
b. September 3, 2014
MOTION BY RECH and SECOND BY HUGHES to approve the September 3, 2014 meeting minutes.
With Frank abstaining the motion was approved.
3. Old Business
a. Technology Village Phase 11.2 Business Plan Approval
Board Members: reviewed the latest revisions to the Technology Village Phase 11.2 Business Plan.
Member did not have any additional recommended changes.
MOTION BY RECH and SECOND BY FRANK to recommend the EDA approve the Technology Village
Phase 11.2 Business Plan. With all in favor the motion was approved.
b. Review Technology Village Advertising Costs
McCabe: provided estimated advertising costs for Star Tribune, Twin Cities Business, and Minnesota
Business Magazine to the board for review.
Frank: stated she has contacted Minne* to see if they may be interested in publishing an article about
Technology Village. Frank also mentioned a possible article in CPA magazine.
Board Members: discussed other options to publicize Technology Village including Scott County
newsletter and placing the Technology Village ad on Prior Lake public access TV.
Proehl: suggested that instead of a one-time advertising cost in a magazine the board may choose to
promote the program and its participants via Linkedln or Facebook with a targeted marketing campaign
directed at potential program participants. Mr. Proehl said the campaign could be targeted via zip code
and could run for 30 days.
Rech: recommended consulting with a PR firm to see what recommendations they would have for
promoting participants and the program.
Phone: 952.447.9813 / Email: drogness@cityofpriorlake.com / www.cityofpriorlake.com
Board Members: supported a direct marketing campaign opposed to a one-time advertisement in a
local publication. Mr. Proehl was asked to contact staff to begin the process of a direct marketing
campaign. The focus will be on filling office space and the effort should promote the brand, mission
and program success.
Hughes: asked that all Board Members review and locate specific "Groups" within Linkedln that we
should join to communicate our TV brand awareness, participant news, and pipeline support. We will
review our findings and direction during the next work session.
MOTION BY FRANK and SECOND BY HUGHES to approve funding, in an amount not to exceed $800,
for a direct marketing campaign via Linkedln and/or Facebook. With all members in favor the motion
was approved.
4. New Business
Accept Kris Pauna Resignation From Technology Village Board of Directors
MOTION BY RECH and SECOND BY PROEHL to accept the resignation of Kris Pauna from the
Technology Village Board of Directors effective October 31, 2014. With all in favor the motion was
approved.
b. 2014 Accomplishments / 2015 Goals
Board Members: were informed the board has been asked to identify three 2014 accomplishments and
three 2015 goals to be presented to the City Council during a work session on November 24, 2014.
Members reviewed previous Technology Village Board goals and accomplishments and reviewed
proposed 2014 accomplishments and 2015 goals prepared by staff.
Board Members: recommended one revision to the proposed 2015 goals which was to state, "Establish
a pipeline of technology businesses..." instead of "Establish an adequate pipeline of technology
businesses..."
Board Members: approved of the listed goals and accomplishments and will finalize them during the
regular November meeting.
c. Technology Village Participant Breakfast Meeting
McCabe: stated he has polled the program participants and most have responded that they are
available to attend the participant breakfast meeting on Tuesday, October 21, 2014.
Members: Rech, Hughes and Proehl stated they were available to attend the participant breakfast on
October 21 St.
Board Members: discussed potential agenda/discussion items for the breakfast meeting, including:
• Marketing and promotion of tech village and participants through regional publications or PR
firm
• Introduction of Local Vibe and MyCarte
• Discussion topics for next box lunch event
• Update from Participants / Update from Board (2015 goals)
McCabe: will send out a meeting invitation to all participants confirming the October 21St meeting date.
5. Staff Update
a. Board Member Applications
Hughes: stated that as of the meeting date the City has only received one application for the Technology
Village, which is Mr. Proehl's re-application. Mr. Hughes encouraged all board members to encourage
others to apply.
Hughes: requested Dan Rogness or Frank Boyles make contact with SMSC representatives to see if
they had any recommendations for a Technology Village Board of Director position or someone to serve
in an advisory role to the board. Frank stated she will see Charlie Vig at an upcoming event and can
ask if he has any recommendations for the board.
Hughes: recommended that future solicitations for advisory committee volunteers clearly identify which
committees are seeking applicants. Mr. McCabe will relay his recommendation to the Communications
Coordinator.
b. Technology Village Metric Report —September 2014
Board Members: reviewed the Technology Village metric report for September 2014.
Action Item Update
Board Members: reviewed and discussed pending action items.
d. Board Member Ideas/Recommendations
Hughes: provided a copy of two articles to the board. One of the articles was related to the Fab Lab at
Prior Lake High School the other article was about Healthcare.mn, a non-profit established to support
health care technology start-ups.
Board Members: discussed alternate meeting times. The members in attendance favored an early
morning meeting opposed to a 4:00 afternoon meeting. Members felt that a 7:30 am — 9:00 am
Wednesday morning meeting would work well. Mr. Rech may have some conflicts.
Next Work Session: with conflicts for the next scheduled work session date, members chose to hold
the October work session after the participant breakfast meeting on October 21 st,
6. Adjourn
MOTION BY PROEHL and SECOND BY RECH to adjourn the meeting. With all members in favor, the motion
was approved. The meeting adjourned at 5:25 p.m.
Submitted by: Casey McCabe