Join us on Wednesday November 12 for another installment of the Innovation Webinar Series. This time we’ll be joined by MuniRent a start up that is striving to bring the sharing economy to local governments. Read on to register and learn more.
How are they innovative?
Taking a page from popular and successful companies like Uber, Lyft and AirBnB, MuniRent wants to give local governments a way to more easily share with each other. Municipalities have a lot of equipment from snow plows to garbage trucks these pieces of machinery are vital to keeping a community running, but that equipment isn’t always being used and buying new equipment is expensive. That’s where MuniRent steps in, the idea is to create a marketplace for local governments to rent our their equipment.
“We’re handling the payment, the invoicing, we’re handling all the backend so to speak, and all they have to do is prepare the equipment so the renting municipality can come pick it up, use it, then return it,” said MuniRent CEO, Alan Mond. “We handle all the administrative costs of performing that transaction, so having a rental agreement in place, having an agreed upon price, invoicing the renter, sending a check to the owner, and having all that is really where our value lies for these municipalities. We’re essentially off-loading a big barrier for them to charge each other. We’re acting as a kind of clearinghouse for them.”
Interested yet? MuniRent is currently in several cities in Michigan and Troutdale, OR. It is a part of the 2014 Code for America Accelerator program and looking to expand. Connect with MuniRent: Twitter & Facebook.
Alan Mond is the CEO and Co-Founder of MuniRent and holds a mechanical engineering degree from Michigan State University. Prior to starting MuniRent Alan worked for Robert Bosch, an engineering and electronics company, for 5 years. Alan is a huge proponent of the sharing economy and was actually named Ann Arbor, MI’s first AirBnB “Superhost.”
- MuniRent Website
- MuniRent brings the sharing economy to government
- Code for America picks Ann Arbor startup as one of five nationally for 2014 Accelerator Class, $25k grant
- Four ways cities can embrace the sharing economy
- Alan Mond – Why I’m Coding for America