Business Retention and Development Committee Agenda and Packet 2019 10 07

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11: City,/ im Louisville COLORADO • SINCE 1878 BUSINESS RETENTION AND DEVELOPMENT COMMITTEE SUBJECT: DATE: RETENTION VISITS OCTOBER 7, 2019 PRESENTED BY: STAN ZEMLER, INTERIM ECONOMIC DEVELOPMENT DIRECTOR SUMMARY: At the September 3rd, 2019 BRaD meeting a discussion was held concerning how best to reactivate business retention visits. The discussion centered around two possibilities: monthly formalized committee visits and/or informal visits conducted by individual committee members. There was also discussion regarding how to establish some level of consistency with these visits (questions, timing, etc.). Monthly Committee Visits These visits would occur on a monthly basis, dates and times to be determined. The full committee would be invited to attend. For example, these businesses are interested: Solid Power, Fresca Food and Crystal Springs Brewing to name a few. These meetings would be organized by the Economic Vitality office. Committee members would be expected to allocate at least 2 hours for each visit. Visits should include: retail, industry, new businesses and property owners. The Committee would report back at the next monthly meeting and determine what, if any, follow-up is required. The Committee, in order to create consistent information would utilize the following set of questions: For Discussion: 1. Generally speaking, how are things going for your business? 2. What are the challenges facing you today and going forward? 3. What can the City of Louisville or the Committee do to be helpful? 4. Other questions? Informal Visits The idea of informal retention visits was also discussed. This proposal would encourage BRaD Committee members to conduct visits on their own. The visit would not be scheduled by the Economic Vitality office but instead, arranged by each Committee member. The same set of questions as proposed above would be used. The Committee member would report back at the next scheduled BRaD meeting and it would be determined what, if any, follow-up is necessary.