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Start-ups invited to enter 2021 QBE AcceliCITY Resilience Challenge

The global competition offers total prize money of $150,000 in funding for the winning entrepreneurs or ventures to further develop their ideas and help to transform cities.

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The challenge seeks solutions that address risk, equity, and sustainability
The challenge seeks solutions that address risk, equity, and sustainability

Global insurance company, QBE North America, is launching the 2021 QBE AcceliCITY Resilience Challenge with non-profit organisation, Leading Cities.

 

The global competition offers total prize money of $150,000 in funding for the winning entrepreneurs or ventures to further develop their ideas and help to transform cities.

 

Creating resilience

 

The challenge is designed to harness and support technology innovations that create more resilient cities with solutions that address risk, equity, and sustainability. Last year’s overall winner was Barcelona-based green electricity start-up Bioo, which developed a way of generating electricity from plants that doesn’t damage them and is 100 per cent renewable. Previous winners also include DrugViu, which aims to achieve greater health equity for minorities.

 

“As an organisation we are uniquely positioned to help people and businesses build resiliency against emerging risks. It’s evident that our cities are in critical need of more resilient solutions to react in difficult times,” said Todd Jones, CEO of QBE North America and president of the QBE Foundation. “The QBE AcceliCITY Resilience Challenge exemplifies our dedication to create meaningful change and provide needed resources to help people and communities successfully achieve their ambitions.”

“The cities that will come to thrive in the post pandemic era are taking advantage of the astounding innovation that is arising at this time”

Semi-finalists will take part in an eight-week virtual accelerator programme and finalists will participate in a business-to-government (B2G) boot camp and pitch competition. One winner will receive $100,000 and a pilot project in a city while two additional prizes of $25,000 each will also be awarded, along with additional resources and access to valuable connections to help scale their initiatives.

 

“The cities that will come to thrive in the post pandemic era are taking advantage of the astounding innovation that is arising at this time,” said Michael Lake, president and CEO of Leading Cities. “The QBE AcceliCITY programme acts as the vehicle by which entrepreneurs and city leaders can work together with the goal of building more resilient communities.”

 

AcceliCITY draws on the Leading Cities network of forward thinkers in the public, private, academic, and non-profit sectors to advance innovation in local governments. The programme aims to lower the cost and risk of innovation for start-ups as well as cities and corporations by streamlining the innovation and sales cycles for smart city solutions.

 

Submissions will close on 30 April 2021. For more information go to www.accelicity.com

 

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