Smart city start-ups invited to design the urban future

The Urban Future Lab, New York City’s hub for smart cities, smart grid technology, and clean energy at the NYU Tandon School of Engineering, has announced a competition aimed at smart city and smart grid technology start-ups. Two winners of the 2018 Urban Future Prize competition will receive $50,000 each and the opportunity to grow their businesses into successful ventures in the city’s longest-running cleantech incubator programme, Acre. “The Urban Future Prize competition is an excellent vehicle for start-ups in the clean energy, smart city, and smart grid space to scale up and get funding,” said Pat Sapinsley, managing director of cleantech initiatives at NYU Tandon. ... "The help that our incubator has given to companies in the past has resulted in over $350m in funding and in a 90 per cent survival rate for our start-ups – a phenomenal success rate compared to the national average.”