Title
City Accelerator Grant Acceptance
Action
Action:
A. Authorize the City Manager to accept a grant in the amount of $100,000 from Living Cities, Inc. for the City Accelerator: Procurement for Inclusive Opportunity Cohort, and
B. Adopt a budget ordinance appropriating $100,000 from Living Cities, Inc.
Body
Staff Resource(s):
Randy Harrington, Management and Financial Services
Nancy Rosado, Management and Financial Services
Explanation
§ Living Cities, Inc. has selected the City of Charlotte to participate in the City Accelerator: Procurement for Inclusive Opportunity Cohort. By participating, the City will have access to resources, technical expertise, and $100,000 in grant funding.
§ Funding will be used to develop innovative ways to increase City procurement with Minority Business Enterprises (MBEs) with specific goals to:
- Build capacity of MBEs by providing technical assistance and training initiatives,
- Review procurement practices and policies to implement strategies to increase City procurement with MBEs, and
- Strengthen connections with Charlotte corporations and anchor institutions.
§ Staff expects to complete grant work by summer 2018.
§ There are no matching requirements for this grant.
§ This grant advances The 10 Traits of Winning Cities, and will help Charlotte become a Big Tent where people and businesses feel that they belong and have an opportunity to be included in City procurement.
Fiscal Note
Funding: City Accelerator: Procurement for Inclusive Opportunity Grant
Attachments
Attachment(s)
Budget Ordinance
Resolution