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HomeMy WebLinkAboutCAO-17-023 - Agreement with the Region of Waterloo for Ontario Works Self-Employment Placement Program REPORT TO: Finance and Corporate Services DATE OF MEETING: August 21, 2017 SUBMITTED BY: Chris Farrell, Manager Small Business Centre 519-741-2200 x 7294 PREPARED BY: Chris Farrell, Manager Small Business Centre 519-741-2200 x 7294 WARD(S) INVOLVED: All DATE OF REPORT: July 20, 2017 REPORT NO.: CAO-17-023 SUBJECT: City of Kitchener, Waterloo Region Small Business Centre, Agreement with the Regional Municipality of Waterloo re: Ontario Works Self-Employment Placement Program ___________________________________________________________________________ RECOMMENDATION: That the Mayor and Clerk be authorized to sign a two year fee for services agreement with the Regional Municipality of Waterloo for the City advisory services for Ontario Works Self Employment Placement participants to start a business. Said agreement to be to the satisfaction of the City Solicitor. BACKGROUND:The Waterloo Region Small Business Centre (WRSBC) under the Economic Development Division of the City of Kitchener was established in 1999 is one the Province. The Centre provides information, training,mentoring, guidance and consultation on a variety of issues to entrepreneurs in all industry sectors and at all stages of business from start-up to expansion. The businesses are primarily traditional and main street ventures having fewer than 5 employees. The Regional Municipality of Waterloo Community Services has been contracting the Ontario Works Self Employment Placement program to independent service agencies for over 20 years. The OW Self-Employment Placement program can help individuals to develop the knowledge and skills needed to start and run their own business. Individuals receiving Ontario Works benefits have the opportunity to transition from Ontario Works benefit support to establishing a profitable business. The Waterloo Region Small Business Centre is well positioned to deliver the program by providing training and guidance under a fee for services agreement with the Region of Waterloo. 2 - 1 REPORT: The Small Business Centre will provide OW Self Employment Development participants with: entrepreneurial training, one-on-one assistance to develop a business plan, mentoring and monthly meetings to set goals and provide on-going guidance. A Region of Waterloo Community Services case worker: approves/declines candidates for entrepreneurial training; approves/declines the written business plan; establishes business milestones to be met meet quarterly and monitors the financial progress of each participant for up to 60 weeks. The two year agreement with the Region of Waterloo Community Services will allow up to 40 individuals to participate in the OW Self Employment Development program. The Waterloo Region Small Business Centre receives a fee for services up to $1,700 per participant, based on completion of training and milestones met quarterly over the 60 week program. The activities and services are expected to result in the establishment of new businesses and job creation for individuals facing barriers to employment. ALIGNMENT WITH CITY OF KITCHENER STRATEGIC PLAN: Strategic Priority: Strong & Resilient Economy Strategy: #2.2 Support the attraction, retention and development of existing and new industries within the regional economy working in collaboration with the economic development corporation for Waterloo Region. Strategic Action: # 26 Make It Start # 27 Make It Grow FINANCIAL IMPLICATIONS: None ACKNOWLEDGED BY: Jeff Willmer CAO 2 - 2