Envisioning the Future of Cities, With a Boost From Philanthropy

… While there's a lot of excitement around "smart city" technologies, getting enough money behind good ideas isn't always easy. … To address this challenge, the Urban Future Lab, based at the NYU Tandon School of Engineering, created a competition to give a boost to promising technology to support the future of New York City. This competition brings together entrepreneurs, investors and policy leaders, and it relies partly upon the support of philanthropy to push it forward. … The winners collectively received $150,000 in funding thanks to these sponsorships. Industry investors and corporate leaders chose three winners to receive $50,000 cash prizes, and two of the three applicants are based in NYC.


(see more)