Technology Modernization Fund to get $100 Million Under Spending Bill
Under the broad spending legislation Congress is moving this week, the central Technology Modernization Fund (TMF) created by the Modernizing Government Technology (MGT) Act would get less than half of what lawmakers and the Trump administration originally sought for fiscal 2018.
The $1.3 trillion spending bill, expected to head to President Donald Trump’s desk by the end of the week, would provide $100 million to the TMF through Sept. 30. The final figure is a sign that lawmakers wanted to commit to the new program despite the overall constraints on the federal budget.
The MGT Act authorized up to $250 million for the fund in fiscal 2018, and Trump had requested $228 million in his fiscal 2018 budget.
Continue reading on fedscoop.com
While there are some challenges that both investors and businesses face in creating a net positive impact, there are still ways in which we can ensure that investments are positively impacting society.
Municipal bonds are securities issued for the purpose of financing local infrastructure needs, and cities are increasingly using these tools for enabling smart cities projects.
The U.S. Department of Agriculture offers loans, grants and loan guarantees to help create jobs and support economic development and essential services such as housing, health care, first responder services and equipment, and water, electric and communications infrastructure.
From AI to blockchain, what separates the hype from the real opportunities in the new age of investing technology? Join editors from The Economist and leaders from Venture Smarter, the world's premier financial institutions, wealthiest families, largest companies, most innovative startups and most influential foundations for the third annual Investing for Impact event.
Multiple IoT platforms for cities exist on the market today. How do they compare? What arguments exist on the open source vs proprietary solutions divide? How do these platforms compare in costs, functionality, security and ecosystem?
Join leaders from Venture Smarter, IEEE Smart Cities and more at the 23rd Annual ARC Industry Forum in Orlando, Florida to explore how digitizing factories, cities, and infrastructure will benefit technology end users and suppliers alike. Here are some top reasons for you to attend!
This January, we were happy to co-host the U.S. Opportunity Zone Expo in partnership with the US Dept. of Treasury and the National Infrastructure and Investment Alliance (NIIA). Here are a few takeaways from Venture Smarter’s SVP of Governance and Policy, Rhonda Binda.
Join Venture Smarter and our partners at one or more of these events to connect with industry insiders, practitioners, solution partners, and project planners working to build better places to live, work, and visit.
Recent developments out of the U.S. Treasury and the White House related to Opportunity Zones show that this initiative is gaining momentum as 2019 begins.