Recognizing that, Bloomberg Philanthropies, a foundation started by the billionaire and former mayor of New York City Michael Bloomberg, is investing millions in selected cities to allow them to hire innovation teams, or “i-teams.” These squads of consultants join city government for three years to take on specific problems.
With $24 million divided among them in 2011, Atlanta reduced homelessness, Chicago overhauled its licensing of local businesses, Louisville cut the time it takes to rezone property, Memphis tackled gun violence and underprivileged neighborhoods and New Orleans reduced its murder rate.
After seeing those results, Bloomberg Philanthropies in December announced that it would donate between $400,000 and $1 million per year for three years to 12 other cities (Albuquerque; Boston; Centennial, Colorado; Jersey City, New Jersey; Los Angeles; Long Beach, California; Mobile, Alabama; Minneapolis; Peoria, Illinois; Rochester, New York; Syracuse, New York; and Seattle) to tackle issues such as affordable housing, public safety, infrastructure finance, customer service and job growth."
For the complete article: https://www.techwire.net/chief-innovation-officers-deliver/