City Accelerator

The Citi Foundation and Living Cities launched the City Accelerator in March 2014 to foster innovation and promote collaboration between urban leaders to tackle some of their cities' most pressing issues.

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Philanthropy
City Accelerator Expands to Five More U.S. Cities With a Focus on Strengthening Local Procurement Practices to Promote Economic Opportunity
The Citi Foundation and Living Cities today announced the expansion of the City Accelerator program to five additional U.S. cities – Charlotte, Chicago, Los Angeles, Memphis, and Milwaukee. The five cities will work together over the next year to refine their approach to procurement spending, pursuing at least one new strategy to increase the diversity of municipal vendors and contractors and direct more spend to local minority-owned businesses.
Philanthropy
Leveraging the Buying Power of Cities: New City Accelerator Uses Innovation to Increase Procurement and Economic Opportunity
Accelerating economic development remains one of the top priorities for mayors around the country, with an increasing focus on intentionally targeting socioeconomic issues, such as income inequality. Seventy-five percent of mayors highlighted economic development in their 2016 State of the City address, according to the National League of Cities, with 22 percent looking specifically at providing greater support to small businesses and 17 percent mentioning businesses owned by women and people of color.

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