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HomeMy WebLinkAbout04 04 2017 Technology Village Minutes_ CITY OF PRIOR LAKE, MINNESOTA TECHNOLOGY VILLAGE BOARD OF DIRECTORS MEETING MINUTES – April 4, 2017 952.496-8830 – jfoust@scottfss.org - www.technologyvillage.net 1. Call to Order The meeting was called to order at 7:31 a.m. in the Parkview Community Room at City Hall. Members present: Gerry Hughes, Adam Proehl, Patrick Stroh, Zach Braid, Advisory Board member Dave Rech and Economic Development Advisory Committee Member Lloyd Erbaugh. Staff present: Casey McCabe and Jo Foust. 2. Approval of Meeting Minutes a. March 7, 2017 MOTION BY PROEHL and SECOND BY STROH to approve the March 7, 2017 meeting minutes. The Motion was approved 4-0. 3. Old Business a. Marketing Update The Marketing Sub-Committee met and developed criteria for the Dakota County Technical College’s Graphic Design Class for the creation of a direct mail marketing piece and multi-channel ad campaign for Technology Village. The class is currently working on the project. It was suggested we request the digital assets for use on other projects. It was recommended Technology Village provide a letter recognizing the students’ work and also post a picture of the class and the work on the website. b. Business Competition The Board discussed the proposed Business Competition. Stroh offered to serve on the committee to coordinate the event. The need for a flyer with information relating to what we are hoping to accomplish and our pitch to present to sponsors was recommended along with a “coming soon” announcement, and presentations at various EDA and county meetings. It was suggested the ground work be completed over the next two months with a launch in June and event in October. A planning meeting will be scheduled within the next two weeks. c. Pipeline Candidate Update Hughes and Rech reported on their discussions with Virtual Participant prospects. Gifthorse has submitted an application which is being recommended for approval into the program. The owner, Jacob, has a copy of the Agreement. Both believe he will be a great resource for other program participants as well. RE2 Technology has received the application and agreement for the Virtual Program. The company has expanded their services over the past year. They would like a roundtable discussion with the Board within their first 90 days of participation. Staff will follow-up on the status of the application. Hughes reported he has been in contact with the interested party in Lakeville. An application is anticipated this summer. 4. New Business a. Workstation/virtual office space discussion. The Board briefly discussed the remaining cubical as it relates to the Virtual Program. Use of co -work space and meeting space is anticipated to be needed by the new Virtual Participants. It was recommended the remaining cubical continue to be reserved for that use at this time. It was recommended participants be made aware of the process for scheduling space. 5. Updates a. Technology Village Metric Report – March, 2017 Board members reviewed and discussed the March, 2017 Metric Report. Hughes contacts with ICP will be added to the report. b. Action Item Update The Action Item report was referenced. McCabe reported he discussed the need for a non-disclosure agreement (NDA) for Technology Village Board members with the City Attorney. In her professional opinion, a separate NDA is not required as it is addressed in the ethics language in the Bylaws. Board member Stratton has suggested Advisory Board members follow-up with program participants following a roundtable discussion and bring feedback to the board, a month following the meeting. A recap of how it went, what they incorporated into their business, etc. was suggested. McCabe reported a local law office is constructing a new building, which is behind schedule. They inquired about Technology Village office for temporary office space for approximately two months. It was the consensus of the Board to allow a month-to-month lease, with no IT support, with McCabe negotiating the lease rate. c. Board Member Ideas/Recommendations None. 6. Adjourn MOTION BY STROH and second BY BRAID to adjourn the meeting. The meeting adjourned at 8:36 a.m. Submitted by: Jo Foust, Scott County FSS