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Approving the Department of Planning and Economic Development as a named party in a request for proposal to JP Morgan Chase’s AdvancingCities Challenge.
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WHEREAS, the JP Morgan Chase AdvancingCities Challenge was launched in 2018 and is a $500 million, 5-year initiative that aims to drive inclusive growth and create greater economic opportunity in cities across the world. Through the AdvancingCities Challenge, JP Morgan Chase invests in solutions to drive systemic change in U.S. cities, helping support economic growth for more people by leveraging meaningful collaboration among private, public, and nonprofit leaders, and
WHEREAS, the AdvancingCities Challenge is soliciting Requests for Proposal (RFPs) for initiatives aimed at promoting equitable development and growth across two “tracks”: one track focused on place-based strategies in neighborhoods; and the other track focused on systems change strategies city-wide. Successful RFPs within each track will be eligible for a three-year grant of up to $5 million from the JP Morgan Chase Foundation (“JPMC Foundation”), and
WHEREAS, the City of Saint Paul is committed to increasing its efforts in technology-focused workforce development and technology-training initiatives with programs such as Minneapolis/Saint Paul TechHire and Full Stack Saint Paul, and
WHEREAS, the City of St. Paul's Department of Planning and Economic Development (PED) would like to co-sponsor and be a named partner in an RFP with the Center for Economic Inclusion (“CEI”) and the Greater Metropolitan Workforce Council (“GMWC”) for JPMC’s AdvancingCities Challenge for a JPMC Tech Workforce proposal that will bolster and align regional economic development, increase IT workforce training, expand financial capabilities, promote employer inclusivity, and support systems that address racial economic disparities so that there are more families who are self-sufficient, and
WHEREAS, the RFP must be submitted to JPMC Foundation by J...
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