Explanation
BACKGROUND: This legislation authorizes the Director of the Office of Diversity and Inclusion to enter into sponsorship grant agreements with two (2) local registered not-for-profit organizations up to $18,000.00, to support of upcoming conferences with the following organizations, and to authorize advanced payment for:
1. NOW Foundation $10,000.00
2. Ohio Minority Supplier Development Council $8,000.00
The mission of the NOW Foundation is to provide resources, support, and assistance to small businesses to become business-ready to manage, run, grow, and profit. Additionally, the NOW Foundation provides programming around business organization, marketing, corporate readiness, access and exposure, and resources. The NOW Foundation’s programming works as a supportive bridge for key creative arts and culinary communities to improve their access and ability to compete in their respective industries successfully.
The mission of the Ohio Minority Supplier Development Council (OMSDC) is to create and foster an environment for the development of mutually beneficial relationships and opportunities between Certified Minority Business Enterprises and Member organizations such as the City of Columbus. Its purpose is to certify, develop, and connect businesses to other minority business enterprises as well as corporations, and government entities.
FISCAL IMPACT: This ordinance authorizes an expenditure of $18,000.00 from the General Fund for the City to sponsor these small business economic development conferences. Funds in the amount of $21,804.00 are for further support of local registered not-for-profits. These funds are budgeted and available in the General Fund.
EMERGENCY JUSTIFICATION: is requested to ensure that funding can be disbursed in time to sponsor these upcoming conferences.
Title
To authorize the Director of the Office of Diversity and Inclusion to enter into not-for-profit sponsorship a...
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