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What is Los Angeles proposing?
The City of Los Angeles is looking to institutionalize procurement practices that stimulate business growth and promote inclusive contracting opportunities, while expanding the pool of businesses that do business with the city. The City Accelerator cohort could enable LA to achieve a triple bottom line of increased local employment, diverse approaches to solving city problems, and savings realized from increased competition for contracts. Lessons learned from the cohort could lead to a robust supplier diversity program, inclusive procurement practices to grow the local economy, and engagements with outside public and private sector institutions.
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For a detailed description of the mission and purpose of the City Accelerator’s cohort on Procurement for Inclusive Economic Opportunity, click here.
Public response is one of several criteria being used by the City Accelerator to select cohort cities. The number of ratings or comments by themselves do not determine final status or selection.