All Press Releases for October 21, 2015

DayOne Consulting Entrepreneurial Landscape Assessment Results in Action to Build Entrepreneur Center in Flower Mound, Texas

Flower Mound Town Council approves DayOne Consulting's recommended action plan to develop a local Entrepreneur Center as part of its Economic Development strategy



"We are excited that more communities across the country are looking at ways to help foster local entrepreneurs as a way to grow and diversify their economic development investment" - Jason Adams

    FLOWER MOUND, TX, October 21, 2015 /24-7PressRelease/ -- On October 5, 2015, DayOne Consulting LLC was approved by the Town of Flower Mound to proceed with the development and buildout of a local Entrepreneur Center. The center, named Flower Mound Innovate at Parker Square, will be located in the iconic 600 building of the Parker Square office and retail development.

The center will provide a space for local entrepreneurs to connect and find synergies as well as have access to mentors, programs, resources, and investors.

In March 2015 the Town of Flower Mound contracted professional services with DayOne Consulting LLC. DayOne Consulting is a firm that specializes in assessing local entrepreneurial landscapes and building actionable strategies for municipalities to implement as part of their overall economic development plan. DayOne delivered its assessment study and plan in June, with findings that recommended the creation of a local Entrepreneur Center.

"DayOne's local entrepreneur assessment study provided us with confirmation that our entrepreneurial community was strong, vibrant, and desiring a way to connect with other entrepreneurs and resources. DayOne's work helped ensure that the community stakeholders were excited and would support a town led initiative" said Mark Wood, the town's Director of Economic Development. Mr. Wood added "DayOne also played a pivotal role in helping us create and negotiate a partnership with the investment group that owns the buildings at Parker Square, and provided a clear definitive 3-year action plan the Town Council was able to vote on."

The Town Council on October 5th approved a 3-year lease agreement with Parker Square and a continued professional services agreement with DayOne Consulting. DayOne will provide ongoing consulting to the Town of Flower Mound, delivering strategies for the Town to continue to help foster and facilitate local entrepreneurs to achieve success. The professional services agreement also includes management services where DayOne will be responsible for executing the implementation and operations for the entrepreneur center for the first 3 years.

Jason Adams, a Managing Partner of DayOne and a serial entrepreneur, has a successful history of both consulting for towns and building entrepreneur centers. His first partnership with the Town of McKinney, voted #1 best place to live by Money magazine, resulted in his Collide Center helping more than 27 entrepreneurial companies, which raised more than $4.2 million dollars in their first year. Now the center is completely backed and operated by the town under the name The Werx and has seen 2 of those companies reach over 30 employees.

Jim Reggio, DayOne Managing Partner in charge of execution and operations said "We are extremely excited to get this project off the ground. There are incredible opportunities here in Flower Mound for entrepreneurial growth, and the center will provide a common hub for activities which will grow and enhance the town's entrepreneurial landscape. Our goal is to have the center open by January 1 2016."

"We are excited that more and more communities across the country are looking at ways to help foster local entrepreneurs as a way to grow and diversify their economic development investment", said Jason Adams, "and we are honored that those forward-thinking towns like Flower Mound are turning to us to help them."

About DayOne Consulting
DayOne Consulting LLC is a Texas corporation specializing in helping cities build Economic Development through Local Entrepreneurship. Entrepreneurs are the drivers of economic growth and new job creation. DayOne helps municipalities better understand their entrepreneurial community and provides definitive actions that can be implemented to support local entrepreneurs as part of their overall Economic Development plan.

For more information, please contact:
DayOne Consulting, LLC
Jason Adams, Managing Partner
Office: 888-818-6832
Direct: 719-510-1087
[email protected]
www.dayone.consulting

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Jim Reggio
DayOne Consulting LLC
Flower Mound, TX
USA
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