SMART VEGAS: A FORWARD-FOCUSED PLAN

25

SECTION 3 OUR SMART VEGAS APPROACH

FUNDING Projects Funding for Smart Vegas can be secured through partnerships with the private sector (as well as private sector investment), including public private partnerships (P3s) and consolidated technology and services joint ventures. Expanding Smart Vegas’ relationship with local universities (i.e., University of Nevada, Las Vegas; Desert Research Institute) will also provide cost-effective research and analysis opportunities. Commercial development, crowd-sourced funding, technology, and innovation bonds or surcharges, and federal grants as well as privately funded programs — like Cisco’s City Infrastructure Financing Acceleration, DigitalTown, Microsoft and Genetec Project Green Light, and the Venture Smarter Infrastructure Challenge — are additional avenues to raise capital. The Smart Vegas team will engage early and often with national and international public and private grant programs to help shape and influence grant programs. While research funding alone will not pay for widespread deployment and adoption of all Smart Vegas projects, it can support the search for new ideas and help pilot development of new technologies.

Potential Federal Funding Sources Smart Vegas initiatives and City-funded capital programs will be aligned to support matches for federal grants, like the following (see page 42 for acronym definitions): — — ATCMTD — — DOE Advanced Modeling Grid Research — — DOE Resilient Electric Distribution Grid — — EPA Sustainable and Healthy Community National Research Program — — ITA Market Development Cooperator Program — — ITA Smart Cities, Regions, and Communities Export Opportunities — — NIH Smart and Connected Health — — NIST Global City Teams Challenge — — NIST Internet of Things Enabled Smart City Framework — — NSF BIGDATA — — NSF Big Data Regional Innovation Hubs Grant — — NSF Critical Resilient Interdependent Infrastructure Systems (CRISP) — — NSF Partnerships for Innovation (PFI) — — NSF Smart and Connected Communities — — NSF US Ignite — — OST-R Connected Vehicle — — OST-R Emerging Technologies — — NTIA BroadbandUSA — — NTIA Using Partnerships to Power a Smart City: A Toolkit for Local Communities — — Smart Cities Council Readiness Challenge