Financing the Bits€¦ · Financing the Bits $ and Intelligent Community Growth Barry Gander...
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Financing the Bits $ and Intelligent Community Growth Barry Gander Co-Founder, i-CANADA Oct 16 2013
Transcript of Financing the Bits€¦ · Financing the Bits $ and Intelligent Community Growth Barry Gander...
Financing the Bits
$ and Intelligent Community Growth
Barry Gander
Co-Founder, i-CANADA
Oct 16 2013
a customer
access
to finance
Joe Dignan, Chief Analyst, Public Sector EMEA, Ovum [email protected]
Ideay
Reality
Shadow
“a”-Deficit… $123-B “b”-Deficit…bad
Need Two Innovations: F&F
• FOCUS to accelerate Intelligent Communities
– National: Choice-based communications ecosystem
– Local: i-CANADA SURGE Program
• FINANCE Innovation
1. PPPs: 10-20% of Canada’s infrastructure; world leader
2. Consumer investment
3. New: Social Media and Social Bonds
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INNOVATION
SOCIAL
ENVIRONMENTECONOMIC
A Smart/Intelligent Community’s Broad Goals
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Innovation
ENVIRONMENT
• Stimulate New Technologies and Products
• Demonstrate Acceptance of New Standards
• Uptake of new measuring Services
• District Energy Initiatives
• Increased Construction Industry Engagement
• New Community Social Services
• Increased University Tech Transfer
• Enhanced Digital Diversity
• New Collaborative Learning
• Increased Jobs in the Knowledge Sector
• Growth of New Innovative Companies
• Growth in Entrepreneurs
• Growth of High Tech Companies
• New Global Partners
• New Foreign Direct Investment
• Faster Company Formation and Growth
• Successful Exit Financing
• Global Partnering
• National Network of Incubators
ECONOMIC
SOCIAL
Some Specific Measures
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Smart City 1.0
Focus: Automating the Functions
From Smart Cities to Intelligent Communities: Adding “Strategic Community Alignment™”
Smart/Intelligent Community 2.0
Focus: Coordinated/Connected Strategy
Traffic
Healthcare
Education
Government
services Ecology
Community
Information
Social
Services
Retail
Traffic
Healthcare
Education
Government
servicesEcology
Community
Information
Social
services
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i-Community Open Architecture Model: i-COA™
The Model for a Smart/Intelligent City
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i-Community Process Model
Process Model for a Smart/Intelligent City
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1. Benchmark against other leading Smart/Intelligent Communities.
2. Create an “i-Community Advisory Council” to set priorities and guide direction.
3. Develop a Concept Plan for communicating with all stakeholders.
4. Develop a Roadmap for the creation of your IntelligentCommunity.
5. Create a smart ultra broadband strategy and detailed plan. detailed plan.
6. Create Working Groups to define,
oversee and implement your priority
“New City” outreach communications,
economic, social and environment “i-
applications”. e.g. i-buildings, digital
media, i-health, security, government
services.
7. Define and Implement
Collaboration and Innovation
Centre(s) to serve as the community
“engine(s) ” to drive innovation and
industrial clustering.
Fifty Canadian communities are now working with i-CANADA at various steps
in the SURGE Process.
Steps for Getting Started………
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Question #1 ...
What would Business-
Tourism look like with a rich
broadband implementation?
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Collaboration Example: Business – Tourism Segment:Q2-Short Term Projects - Prioritizing
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BrainstormingBrainstormed ideas
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8 Ideas moved to rate
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Uniqueideas
22Threshold was 3 votesideas
received votes
22 ideas received no votes
0
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ASSET MAPPING - FUNDING CHOICES
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1. Funding Choices: PPPs
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County to Community to Continent
US: Dade County, FL – Dashboard harvests Big Data
CAN: A Guide for Municipalities
EUROPE: FIPPP
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1. PPP Ratio for Recent Project
Federal 30%
Provincial 30%
Municipal 10%
Private sector carrier/ISP 30%
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2. Citizen Investment
Spiddle Hill Nova Scotia
A small town wind farm with 286 owners
20-year contract with Nova Scotia Power Inc. (NSPI)
to sell wind power into the distribution grid
Three 800 kW turbines
$2.4 million project is designed to generate enough
electricity to power an average of some 300 homes
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Community Investment in “b”-funding
“b” = Bits; Knowledge-project Investment
Financing of local networks and Internet-
powered infrastructures for healthcare, mobility,
environment, energy management
- Open, standardised, cross-sector service platforms
Cost-savings for City processes
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3. Social Media
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3. Social Impact Bonds
• Foundation pays cost of new program• Government re-pays, with bonus, on success• Focuses attention on program results• Encourages innovation in programs
