York Region funds ventureLAB core services to 2027
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Description
York Region Council approved a new multi-year funding agreement with ventureLAB to deliver core innovation and business support services, providing $150,000 per year and up to $600,000 over the full term with renewals. The Commissioner of Corporate Services is authorized to execute the agreement and any subsequent renewals or amendments.
Contract Details
Contract Amount
$150,000 annually, up to $600,000 total
Vendor
VENTURELAB
Agency
Town of Newmarket, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
April 30, 2024
Contract Term
2024–2027 with up to three renewals in consecutive years thereafter
Renewal Info
Initial term 2024–2027 with up to three one-year renewals for core services, for a potential total value of up to $600,000. Renewals and amendments to be executed by the Commissioner of Corporate Services.
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