Today’s cities are facing many common challenges in the areas of safety, mobility, emissions, accessibility, and congestion. With urban population estimates calculating growth to rise from 54% in 2014 to 66% by 2050, stresses on a city’s services and infrastructure are expected to grow as well.
NextEnergy launched NextChallenge: Smart Cities in 2016 because we think innovation is an important mechanism to proactively address these challenges and identify opportunities for new business models. In our first year we received applications from around the world proposing solutions to create safer, more efficient places for people to live and work with a lower impact on the environment. In 2017 we received over 100 applications, which was narrowed down to 10 finalists who pitched their solutions live at NextEnergy on December 13. We look forward to working with Demonstration Grant Award winner SmartCone to launch their pilot in 2018!