Explanation
This legislation authorizes the Director of the Department of Technology (DoT) to enter into a non-profit services contract in an amount up to $560,000.00 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.
This contract is in addition to, and provides additional funds, to continue work authorized via ordinances 3301-2021 and 0670-2022, both of which authorized contracts between the Development Director and Smart Columbus.
Smart Columbus was established to be an agile and collaborative innovation lab delivering impact through the following elements:
? Thought leadership is developing and advocating for a point of view on the future of cities, convening like-minded cities, our community and 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 an ecosystem of partnerships motivated by, invested in, and taking action toward, a shared vision through counsel; connecting partners; developing strategies; and building and deploying solutions.
? Delivering impact through human-centered, technology-enabled solutions co-created with the community. Project include intersectional; new and next; impactful, doable, and real. These projects are undertaken under the following business models:
o Incubation Model: The organization will proactively invest in an idea or domain area, taking it through incubation, market analysis, and product development with invested resources. This direct influence on creating a solution requires high investment but allows for building and influencing of solutions to impact a defined area of work. The projects are longer term commitments and iterative to get to impact outcomes and are funded by grants and community investment.
o Consulting Model: This mode...
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