Singularity University Smart City Accelerator in Columbus, Ohio
May 18, 2017
Silicon Valley think tank and business incubator, Singularity University (SU) is to sponsor a Smart City Accelerator in Columbus, Ohio. Columbus is the winning city of the U.S. Department of Transportation's Smart City Challenge.
The SU Smart City Accelerator is designed to drive the next wave of innovation, providing participants with the technologies, tools, global network of experts, mentors, and partners to accelerate smart city development.
The smart city-focused start-up accelerator begins accepting applications May 15, 2017, and will bring innovators from around the globe to Columbus in September.
The accelerator programme will pick ten business that focus on mobility, connectivity, data and analytics, infrastructure and energy, and manufacturing and production.
The Singularity University Smart City Accelerator will be supported by SU in its first long-term program outside of Silicon Valley and sponsored locally by American Electric Power and NCT Ventures. Each of the ten selected businesses will be eligible to receive up to $100,000 in funding from NCT Ventures.
"The SU Smart City Accelerator will attract innovators from around the world and amplify the successes Columbus already has achieved in becoming recognised as a global centre of technology and innovation," said Mayor Andrew J. Ginther. "I view the SU Smart Cities Accelerator as a mutually supportive partner and participant of Smart Columbus, and I look forward to working with Singularity University on this transformative initiative."
"When Columbus won the U.S. Department of Transportation Smart City Challenge, Singularity University wanted to be part of -- and contribute to -- the innovation ecosystem here," said Singularity University Vice President of Corporate Innovation, Nick Davis. "One of the primary goals of Smart Columbus is to support the local entrepreneurial environment, expose local corporations and entrepreneurs to cutting-edge ideas from other cities, and provide the foundation for a sustainable link between Columbus and other innovation hubs across the world."
"We are committed to giving the innovators and entrepreneurs who participate in this world-class accelerator program full access to our community as a living laboratory so that we can learn together what business models and technologies are going to make our cities better in the future for all people," said Alex Fischer, President and CEO of the Columbus Partnership, representative of the region's business leadership and the entity co-leading Smart Columbus alongside the City of Columbus. "There is unprecedented investment and commitment by local and national industry leaders to demonstrate in Columbus what the future can be for mid-size cities, the most prevalent city size in the world. We are proud to have SU joining the team as we embark on this journey."