Community Benefits Agreement Working Group | October 18, 2021Community Benefits Agreement • October 19th, 2021
Contract Type FiledOctober 19th, 2021COMMITMENT FUNDING DURATION & KEY DATES ADDITIONAL NOTES A: Tech Sector Job Training and Talent Placement Program $1M (+ $1M in additional grants or in- kind donations) ● Over 3 years● RFP to select providers will be published within1 80 days of signing the CBA ● Training program(s) will focus on tech and tech-enabled sectors, which may include hardware design, product design, and software development in Consumer Product Goods, Healthcare, Climate Tech/Energy Tech, PropTech and FinTech. B: Minority and Women Entrepreneurship Tech Accelerators $1 .25M in grants, admin services, or in- kind donations ● Over 3 years C: Minority and Women Tech Investment Fund $5M into a venture fund administered by fund manager selected by RMC and City of Houston ● Within 2 years ● RMC commits to providing office space for the fund manager within The Ion.