City of Gainesville - File #: 170724.

• File #: 170724.
• Version: 1
• Type: Staff Recommendation
• Status: Passed
• File created: 1/8/2018
• In control: City Manager
• On agenda: 1/18/2018
• Final action: 1/18/2018
• Title: Entrepreneurial Micro-Credit Program (NB) This item requests that the City Commission refer a discussion on an approach to an Entrepreneurial Micro-Credit Program to the General Policy Committee.

Date	Ver.	Action By	Action	Result
1/18/2018	1	City Commission	Approved as Recommended

Title

Entrepreneurial Micro-Credit Program (NB)

This item requests that the City Commission refer a discussion on an approach to an Entrepreneurial Micro-Credit Program to the General Policy Committee.

Explanation

Within the FY ’18 budget, a City Commission proposed line item was included indicating provisions for a small business loan fund.  Over the past several months, staff has been working with interested stakeholders on a proposed model for a micro-credit program that would be oriented towards community entrepreneurs.

Staff seeks guidance on the model and other policy considerations from the General Policy Committee prior to moving forward.

Fiscal Note

None

Recommendation

The City Commission refer this item to the General Policy Committee.