An effort to stimulate central Ohio's economy is soliciting monetary support from Upper Arlington and a number of other local governments.

An effort to stimulate central Ohio's economy is soliciting monetary support from Upper Arlington and a number of other local governments.

Columbus 2020, a public-private partnership, is eyeing a $30-million budget over the next five years. Funding will be solicited from companies and local government. Partners include the Columbus Partnership, Columbus Chamber, TechColumbus, the Mid-Ohio Regional Planning Commission, Columbus and Franklin County.

Dublin officials last week got a rundown on the "Columbus 2020" effort that seeks to retain, expand and attract business in the region.

Kenny McDonald, senior vice president and chief economic officer of the Columbus Partnership, told Dublin city council members $3-million of the annual $6-million budget will come from the top 40 leadership companies; $1.5-million is expected to come from regional government and the remaining $1.5-million from about 250 local businesses.

"Columbus 2020 is a very bold, very energetic effort to find $30-million over five years to act out this mission," McDonald said.

Matt Shad, Upper Arlington's deputy city manager for economic development, has been elected 2011 president of the Mid-Ohio Development Exchange (MODE). He said he plans to have the city contribute about $7,500 a year to the project with a future ramp-up.

MODE will act as a facilitator and aggregator of public contributions to Columbus 2020.

Shad said the funding is based on a per-capita formula.

Unlike Dublin, Upper Arlington has yet to officially commit funding to the project, but Shad said his office is able to contribute to the project without a council vote.

According to Dublin deputy city manager and director of economic development Dana McDaniel, Dublin's piece of the pie for 2011 is 25 cents per capita, or about $9,600.

"Basically they've laid out a per capita donation to ask for from each of the communities," he said, adding that other central Ohio communities such as Gahanna, Westerville and Hilliard will be asked for a contribution of 25 cents per person.

Dublin has already been paying about $5,000 a year to be a member of the Mid Ohio Development Exchange, McDaniel said. The $9,600 will include MODE membership and inclusion into Columbus 2020, he said.

"It is an increase, but not a substantial increase," McDaniel said. "We get the same things we've gotten in the past. It covers MODE membership, participation in marketing activities."

MODE will have a seat on the Columbus 2020 board and McDaniel said there will also be "other subcommittee activities on which we could have seat as well."

Shad said he considers the city's participation in MODE was another economic development tool.

"Our time with MODE has basically been considered a fee or a membership that has been paid for with funds from the economic development fund," he said.

The mission of Columbus 2020 is to create a partnership that will "leverage our world class research and academic institutions, diverse industries, and position as the state capital to become the economic development nationwide leader," the website said.

According to McDonald, Columbus 2020 will do that by retaining and expanding current businesses, attracting new businesses and improving the infrastructure and local economic climate.

McDonald said the effort will also take lots of feedback from local businesses to find out about obstacles and help.

Dublin council member Marilee Chinnici-Zuercher questioned how much the metropolitan areas of Columbus will be involved in the effort.

McDonald said Columbus 2020 plans to include eight central Ohio counties, including Franklin, Delaware and Union counties.

"We believe strongly in Dublin, that we have a lot to offer," Chinnici-Zuercher said, adding that she "strongly encourages" Dublin to participate in the partnership.

Mayor Tim Lecklider agreed.

"We believe in Dublin. We're a big part of the economic development fabric in central Ohio," he said. "We look forward to participation in this."

McDaniel said the cost will increase in the future; Dublin will be asked to give 30 cents per capita in 2012, 35 cents in 2013, 40 cents in 2014 and 45 cents per capita in 2015.

"This is a huge step for the region. We've never had a voice on this sort of initiative and it would appear we are going to so I'm very optimistic about that," McDaniel said. "But it's only as good as we are about making our voice heard and participating in it."