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File #: 1462-2023    Version: 1
Type: Ordinance Status: Passed
File created: 5/10/2023 In control: Economic Development Committee
On agenda: 6/12/2023 Final action: 6/14/2023
Title: To authorize the Director of the Department of Development to enter into a non-profit services contract with Columbus Partnership, DBA Smart Columbus LLC in an amount up to $500,000.00 to support the ongoing efforts and work of the Smart Columbus organization; to authorize the transfer of $500,000.00 between the Citywide Account and the Department of Development; and to authorize the expenditure of $500,000.00 from the General Fund. ($500,000.00)
Attachments: 1. 1462-2023 Econ Dev Smart Columbus GF (Citywide Xfer) 05-08-2023
Explanation

Background: This legislation authorizes the Director of the Department of Development to enter into a non-profit service contract in an amount up to $500,000.00 with the Columbus Partnership, DBA 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.

The mission of Smart Columbus LLC is to create an agile and collaborative innovation lab that delivers impact through leadership, partnership, and project delivery.

Thought leadership is developing and advocating for a point of view on the future of cities, convening like minded cities, our community ad 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 one or more of the following levels:

Counsel: Smart Columbus provides advice and guidance to those in the public-private academic communities.
Connect Partners: Smart Columbus introduces and connects businesses and individuals in our ecosystem to one another to foster collaborations.
Develop Strategy: Smart Columbus develops a strategy for identified projects or areas of impact.
Build and deploy solutions: Smart Columbus builds and deploys solutions for identified projects or areas of impact.

Smart Columbus LLC delivers impact through human-centered, technology-enabled solutions co-created with the community. Projects include the following: Intersectional, New and Next, Impactful, Doable, and Real. The organization supports a portfolio of projects that are initiated and financially supported in different business models. The models are:

Incubator Model: The organization will proactively invest in an idea or domain area, taking it through incubation, market analysis, ...

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