The filed record
Authority to Allocate Funding and Execute an Agreement with Elevate Toronto - by Councillor Michael Thompson, Mayor John Tory
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The decision
2022-04-06 · Toronto City Council · adopted
As filed
City Council on April 6 and 7, 2022 adopted the following: 1. City Council authorize the General Manager, Economic Development and Culture to allocate up to $350,000 to Elevate in 2022 to support community programming, inclusive of the Elevate Festival, and City Council authorize the General Manager, Economic Development and Culture to negotiate and execute a funding agreement for this purpose, in a form satisfactory to the City Solicitor.
On the agenda
As the city filed it
Founded in 2017, Elevate Toronto was originally established as an annual technology festival. In 2019, pre-pandemic, the City-wide festival attracted over 15,000 attendees, 300 speakers and performers and 150 international media. Additionally, 15 educational programming stages offered a deep dive into specific areas of technology and innovation, while 250 start-ups, small businesses and large corporations promoted available jobs as part of a dynamic job fair at the festival.
Show the rest of As the city filed it, 1,404 more characters as filed
The Elevate Festival is now the largest festival in Canada at the intersection of arts and tech. The reimagined Elevate Festival, which will run from September 20-22, 2022 will bring together the world's most disruptive minds and creative thought leaders to shine a global spotlight on Toronto and Canada's innovation ecosystem. The Economic Development and Culture Division provided funding support to Elevate Toronto during its first three years, drawing on funds available in the Division's approved Operating Budget. In 2020, the Division made a new commitment to provide funding to Elevate Toronto of up to $350,000 annually between 2020 and 2022 to support expanded community programming, including the Festival, and in view of the organization's merger with the Design Exchange to form Elevate Exchange / Six - a hub for social innovators where design, innovation and technology intersect to advance the United Nations' Sustainable Development Goals. Funding of up to $350,000 to support Elevate Toronto is available in the Council approved 2022 Operating Budget for Economic Development and Culture. Council authority is sought to allocate up to $350,000 to Elevate Toronto for its festival and community programming in 2022 for the General Manager, Economic Development and Culture, to negotiate and execute a funding agreement with Elevate Toronto, in a form satisfactory to the City Solicitor.
Staff recommended
Councillor Michael Thompson, Mayor John Tory, recommends that: 1. City Council authorize the General Manager, Economic Development and Culture to allocate up to $350,000 to Elevate in 2022 to support community programming, inclusive of the Elevate Festival, and City Council authorize the General Manager, Economic Development and Culture to negotiate and execute a funding agreement for this purpose, in a form satisfactory to the City Solicitor.
On the record
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