New York City Mayor Michael Bloomberg announced a new competition he says will inspire "breakthrough solutions" to many problems facing American cities. The "Mayors Challenge," run by Bloomberg Philanthropies, will award a $5 million grand prize and four $1 million secondary prizes to innovative ideas that improve urban life across the country.
"American cities, where roughly 70 percent of the population is going to live in a couple decades, are really uniquely positioned to inspire and foster innovation and creativity," Bloomberg said in a conference call this morning.
Any city with a population of 30,000 or more — there are 1,300 of them in the United States, based on the 2010 Census — is eligible to participate in the challenge. Applications must be submitted to the Mayors Challenge website under the auspices of the mayor. The submission deadline is September 14, 2012.
Twenty finalists will be named toward the end of the year, and representatives from these cities will then attend a two-day "Ideas Camp," where various experts will provide feedback. The winners will be announced next spring, and the prize money must go toward implementation of the idea. (New York is not eligible to compete.)
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