CoGo Bike Share Lands $1.25 Million Grant from Medical Mutual
On the eve of its first birthday, the CoGo Bike Share system is getting a pretty big present. Representatives from Medical Mutual announced this evening that they are pledging a $1.25 million grant over the next five years from its charitable fund administered by The Columbus Foundation.
“As a new tenant in downtown Columbus, we are happy to be involved in this celebration and partnership with the city,” said Jared Chaney, Medical Mutual of Ohio Executive Vice President. “We can’t think of a better way to help expand and celebrate such a healthy commuting alternative in Downtown Columbus, which also fits perfectly with our wellness efforts in promoting exercise and a healthier lifestyle, community-wide.”
Studies from private and government sources have shown that biking two-to-three miles per day can provide substantial health benefits and a lowering in obesity rates. Since its launch on July 30th 2013, CoGo has seen riders take over 50,000 trips, logging over 120,000 miles and burning a total of 5.2 million calories in the process.
“I wish CoGo Bike Share a very happy first birthday,” said Mayor Michael Coleman at tonight’s announcement. “Medical Mutual has provided a gift to the entire community by helping to sustain this popular program and I am truly appreciative.”
In honor of the recognition of Medical Mutual’s donation, CoGo bikes and stations will be updated to display the Medical Mutual logo and branding.
For more information, visit www.cogobikeshare.com.