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Elk Request for Action <br /> River <br /> To Item Number <br /> Economic Development Authority 3.6 <br /> Agenda Section Meeting Date Prepared by <br /> Consent Agenda October 20, 2014 Colleen Eddy, Economic Development Specialist <br /> Item Description Reviewed by <br /> Participation Agreement, Greater MSP, City of Elk Jeremy Barnhart, Deputy Director CODD <br /> River, Salesforce <br /> Reviewed by <br /> Action Requested <br /> Authorize, by motion, the participation agreement with Greater MSP for the Salesforce program. <br /> Background/Discussion <br /> Salesforce is an effective way to develop and provide a coordinated regional database. The system will act <br /> as a Client Relationship Management (CRM) platform for each participating agency as well as provide for <br /> the gathering of company-specific data,reporting and analyzing trends, and identifying needs in the <br /> region in aggregate form. <br /> Staff will use the software to track retention and attraction projects from active to closed,utilize the social <br /> media feature that connects and shares business information securely and in real time, track companies, <br /> leads, and potential projects. The system also generates reports which can be exported and manipulated <br /> in an Excel spreadsheet. <br /> The annual cost per license is $400. Staff will evaluate the program this first year to determine if it meets <br /> our needs and if additional licenses are necessary. <br /> Financial Impact <br /> $400 for annual subscription <br /> Attachments <br /> • Participation Agreement <br /> POMEREY BY <br /> Template Updated 4/14 NATURE <br />