This report requests the Economic Development and the Arts Subcommittee recommend City Council approval of an amendment to Ordinance S-51289 for the sponsorship of Maricopa Community Colleges Foundation’s Venture Café Phoenix Events Programming on the Phoenix Bioscience Core (PBC). The sponsorship is for $200,000 annually for three years, totaling $600,000. Funding is available in the Genomics Facilities and Operations Fund, with no impact to the General Fund. Venture Café Phoenix, launched in 2022, hosts weekly events to foster innovation and connect entrepreneurs, researchers, and the community. It has facilitated 157 weekly events with over 20,400 attendees and 960 speakers. The increased 'Legacy Founders Sponsorship' will provide heightened visibility, engagement, and program planning for the City, allowing staff to pursue business recruitment, retention, and expansion opportunities.