Explanation
Background: This ordinance authorizes the Director of the Office of Diversity and Inclusion to enter into a grant agreement with the Women’s Center for Economic Opportunity (Women’s CEO), a local nonprofit on a mission to advance economic equity and elevate women of color.
The Women’s Center for Economic Opportunity empowers individuals to turn their entrepreneurial aspirations into scalable ventures that contribute to the growth and prosperity of their community and all of Columbus. In doing so, the Center pursues the advancement of economic equity, inclusion, and justice.
This grant will support the Women’s CEO Advancing Innovation Momentum (AIM) Bootcamp. These programs are designed to introduce aspiring entrepreneurs to industries with high-growth potential, supporting them with business-planning and network-building consultation. Industries for City-supported bootcamps will be selected in collaboration with the City and may include specific consultation to entrepreneurs on their pathways to City contracting.
Emergency Designation: Preparations for the AIM Bootcamps are intended to begin in April, and City support is necessary in order to fund the launch of this work. In order to provide timely financial support for the programming, emergency action is requested.
Fiscal Impact: Funding is available within the Job Growth subfund.
Title
To authorize the Director of the Office of Diversity and Inclusion to enter into a grant agreement with The Women’s Center for Economic Opportunity (Women’s CEO) in support of their Advancing Innovation Momentum (AIM) Bootcamp program; to authorize an appropriation and expenditure within the Job Growth subfund; and to declare an emergency. ($50,000.00)
Body
WHEREAS, Columbus City Council seeks to support diverse entrepreneurs in the city of Columbus who are on a pathway of growth and investing in their businesses through efforts to upskill and seek mentorship and networking opportunities; and
WHER...
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