Cities struggle to share high impact urban and social innovations due to a systemic flaw in the procurement system. 557,000 local governments cannot assume that their millions of decisions on procurement are well-informed - in fact we found that even the most informed cities only know 5-10% of available solutions. This comes at a high cost for the citizen, who as a majority are missing out on innovations by an average of 20-40 years. Citymart.com helps cities take leadership in shaping the common methods and needs which determine their marketplace. 82 global cities are now adopting common procurement 2.0 methods and are jointly building the worlds most complete catalogue of solutions for cities. Providers benefit by getting a new landscape of needs in real-time and at no cost, giving them a level playing field to win major opportunities in the most transparent and accountable manner.

3. Boris explains e-Adept , a navigat ion syst em in
St ockholm t hat gives him 100% mobilit y..

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33. Source: UN Global Compact Cities Programme

35. ILLUSTRATIVE
Metric
Year
1
2
3
4
Savings on Implementation
€M
7.2
14.8
22.5
27.9
Savings in R&D
€M
0.0
0.0
0.0
0.0
Savings in Operational Expenses
€M
36.7
55.0
73.4
91.7
Accumulated additional start-ups
#
135
140
126
113
Accumulated additional employment
#
471
490
441
397
Reduced unemployment cost
€M
4.9
5.1
4.6
4.2
Income Tax (State / Local)
€M
3.6
3.7
3.3
3.0
Corporate tax (State / Local)
€M
0.4
0.4
0.4
0.3
Increase Social Contribution
€M
0.4
0.4
0.4
0.3
53
79
105
127
SOURCE: Method McKinsey Team Analysis, Gencat, Aj Barcelona, Eurostat, Global Entrepreneurship Monitor

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41. Sascha Haselmayer
CEO, Cit ymart .com
sh@ ymart .com
cit