Explanation
BACKGROUND: This legislation authorizes the Director of Development to enter a grant agreement, in the amount of $100,000.00, with the Greater Columbus Chamber of Commerce for the Chamber’s New and Emerging Citizens Business Connection Program. The New and Emerging Citizens Business Connection Program will strategically support and engage the immigration and refugee business community in achieving success and contributing to the substantial growth of the region’s economy. The services and resources will be advantageous for the business community to access more information and connect to more services provided by local government agencies and other organizations. This business accelerator will help entrepreneurs and small businesses focus on rapid growth and navigate organizational, operational, and strategic difficulties in business.
The program will include four key components. These components are: (1) Workforce Development; (2) Business Navigation for New and Emerging Citizens; (3) Supplier Connection for New and Emerging Citizens and (4) Membership Benefits.
FISCAL IMPACT: $100,000.00 is budgeted in the 2024 General Fund Budget but will require transfer from Object Class 03 to Object Class 05.
CONTRACT COMPLIANCE: The vendor number is 006012 and expires on 5/23/26.
Title
To authorize the Director of the Department of Development to enter into a grant agreement with the Greater Columbus Chamber of Commerce, in an amount up to $100,000.00, for the New and Emerging Citizens Business Connection Program; to authorize the transfer and expenditure of up to $100,000.00 from the 2024 General Fund Operating Budget; and to authorize the advancement of funds on a predetermined schedule. ($100,000.00)
Body
WHEREAS, the New and Emerging Citizens Business Connection Program is a new program that will strategically support and engage the immigration and refugee business community in achieving success and contributing to the subst...
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