Explanation
BACKGROUND:
This ordinance authorizes the Director of Development to execute a grant agreement with Columbus Color Coded Labs, in an amount up to $400,000.00 in support of the organization’s mission to provide adults from historically under-resourced communities access to high demand tech skills that will provide transformative, above average incomes and job mobility.
The mission of Color Coded Labs is to start a culture shift in the tech industry. They empower black and brown people and other underserved populations to skill-up in a tech boot camp built for them and connect graduates to innovative companies dedicated to diversity.
Color Coded Labs is a multi-week coding bootcamp that provides adults with high demand skills that will provide transformative, above average incomes and job mobility. Through curricula such as Software Coding and Technology Sales, this bootcamp will provide skills for income stability, growth potential, and readiness with a focus on underserved communities, as well as impact the building of strong neighborhoods by increasing household incomes and facilitating the coordination of community and institution-based resources and programs.
Color Coded Labs uses a four-part service model to create and sustain maximum impact:
1. Recruiting a diverse student talent pool
2. Upskilling using a curated 19-week hybrid curriculum
3. Job Placement
4. Mentoring students beyond graduation to ensure their success, and engaging graduates as mentors for current students
Emergency action is necessary to avoid causing interruptions in the delivery of program services.
FISCAL IMPACT: Funding is available within the General Fund (1000), Jobs Growth Subfund (100015).
CONTRACT COMPLIANCE: the vendor number is 041348 and contract compliance expires 3/24/2024.
Title
To authorize the Director of Development to execute a grant agreement with Color Coded Labs, in an amount up to $400,000.00, towards efforts to provide coding bootcamp to his...
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