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File #: 1817-2022    Version: 1
Type: Ordinance Status: Passed
File created: 6/17/2022 In control: Economic Development Committee
On agenda: 7/11/2022 Final action: 7/14/2022
Title: To authorize the Director of the Department of Development to enter into a non-profit services contract with Smart Columbus LLC in an amount up to $236,425.02 for services that support the ongoing efforts and work of the Smart Columbus organization; to authorize payment for expenditures beginning January 1, 2022; to authorize the transfer of $236,425.02 between the Citywide Account and the Department of Development; to authorize the expenditure of $236,425.02 from the General Fund; and to declare an emergency. ($236,425.02)
Attachments: 1. 1817-2022 ED Smart Columbus GF (Citywide Xfr)
Explanation
Background: This legislation authorizes the Director of the Department of Development to enter into a non-profit service contract in an amount up to $236,425.02 with Smart Columbus, LLC. Smart Columbus LLC is the non-profit organization created to continue the efforts of the Smart Columbus US Department of Transportation Grant.

The mission of Smart Columbus LLC is to create an agile and collaborative innovation lab that delivers impact through leadership, partnership and project delivery.

Thought leadership is developing and advocating for a point of view on the future of cities, convening likeminded cities, our community ad partners to accelerate learning and imagine a different future together, and inspire future change by telling the story of the ecosystem’s work and impact and uplifting stories of impact across the region.

Fostering and ecosystem of partnerships motivated by, invested in, and taking action toward, a shared vision through one or more of the following levels:

1. Counsel: Smart Columbus provides advice and guidance to those in the public-private academic communities
2. Connect Partners: Smart Columbus introduces and connects businesses and individuals in our ecosystem to one another to foster collaborations.
3. Develop Strategy: Smart Columbus develops a strategy for identified projects or areas of impact.
4. Build and deploy solutions: Smart Columbus builds and deploys solutions for identified projects or areas of impact.

Smart Columbus LLC delivers impact through human-centered, technology-enabled solutions co-created with the community. Projects include the following: Intersectional, New and next, Impactful, Doable, and Real. The organization supports a portfolio of projects that are initiated and financially supported in different business models. The models are:

1. Incubator Model: The organization will proactively invest in an idea or domain area, taking it through incubation, market analysis, and product develo...

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