Next “Sharing Economy” Step: Backhoes on Loan

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In some cities, the “sharing economy” is moving beyond cars — to tractors. MuniRent, a Michigan-based startup that wants to shake up the world of municipal procurement, was recently picked by Code for America’s accelerator program as one of the top five startups in the country working to improve government through technology.

Small and mid-sized cities struggle with acquiring, maintaining and paying for heavy equipment like trench diggers, street sweepers, tractors and backhoes. Rather than cities investing in such specialized equipment, MuniRent is developing an online marketplace for cities to rent bulky equipment from each other.

For the full story, please go to Nextcity.org.

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