Item Coversheet

NEW BUSINESS  5.

COMMITTEE MEMORANDUM

TO: Finance and Citywide Projects Committee Members


FROM:
Jimmy L. Morales, City Manager


DATE: April 20, 2018


SUBJECT:DISCUSSION TO EXPLORE DISCOUNTS FOR SHARED WORK SPACES IN ORDER TO ATTRACT ENTREPRENEURS AND SMALL BUSINESSES

HISTORY:

This item was referred to the Finance and Citywide Projects Committee by at the April 11, 2018 City Commission Meeting. 

 

The City of Miami has been extremely proactive in capturing and retaining entrepreneurs and small businesses. One way that they have done this is through public-private partnerships. Recently, the City of Miami forged a partnership with WeWork, a coworking company, to offer discounts within said locations to better support local business entities and entrepreneurs. 

 

The City of Miami Beach is committed to supporting the small business and startup community and has recently launched a Small Business Taskforce that will address similar topics and ideas such as the partnership between the City of Miami and WeWork. 

 


CONCLUSION:
Administration is seeking direction from the Finance and Citywide Projects Committee to further explore financial incentives and potential public-private partnerships to better support entrepreneurs and small businesses throughout Miami Beach.