Explanation
This ordinance authorizes the Director of the Office of Diversity and Inclusion to enter into a grant agreement for $100,000.00 with the NOW Foundation in support of their Small Business Ready Technical Assistance Program.
The NOW Foundation, a not-for-profit agency, provides resources, support, and assistance to small minority-owned businesses to help them 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 the under-served creative arts and culinary communities to improve their access and ability to successfully compete in their respective industries. The programs are marketed through an online network, partnerships and direct events.
Fiscal Impact: This legislation authorizes the transfer of $100,000.00 between object classes in the General Fund for the Office of Diversity and Inclusion and authorizes an expenditure of $100,000.00.
Title
To authorize the Director of the Office of Diversity and Inclusion to enter into a grant agreement for $100,000.00 with the NOW Foundation in support of their Small Business Ready Technical Assistance program; to authorize a transfer of appropriations within the general fund; and to authorize the expenditure from the general fund. ($100,000.00).
Body
WHEREAS, the City of Columbus has seen an increased need to support small minority owned businesses development and sustainability; and
WHEREAS, the NOW Foundation provides programming and support, particularly to businesses within under-served industries; to improve access and ability for small minority owned businesses to grow and compete for business; and
WHEREAS, it is necessary to authorize a transfer of $100,000.00 within the Office of Diversity and Inclusion general fund; and
WHEREAS, the Mayor and City Council are committed to improving e...
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