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FINANCIAL_SERVICESAPPROVED

York Region Council Decision - 2023 System Performance Report April 2024

York Region funds ventureLAB core services to 2027

$150,000 annually, up to $600,000 totalTown of NewmarketVENTURELABApril 30, 2024

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Veritone logo
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WithersRavenel logo
Derivita logo
Comcate logo
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IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

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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