The Smart City Track winners in the AcceliCITY Resilience Challenge, organised by Leading Cities, will receive up to $150,000 to fund a city pilot project.
The top 100 smart city solutions have been selected to advance to the next stage of this year’s QBE AcceliCITY Resilience Challenge.
Organised by nonprofit Leading Cities, the contest attracted 740 entrepreneurs from 70 countries – up 14 per cent from last year – which submitted resilient and sustainable solutions that foster innovation and address real challenges in communities.
The Smart City Track winners will receive up to $150,000 in prize money to fund a city pilot project, as well as publicity, mentoring and access to exclusive online courses.
In addition to the primary Smart City challenge, two additional specialised tracks are available this year. The Proptech Track targets loss mitigation solutions that identify or minimise potential hazards more quickly, lessen the effects of property damage, decrease business disruption or home evacuation caused by property damage, as well as other creative solutions for challenges at the intersection of resiliency and sustainability.
“Through the AcceliCITY Resilience Challenge, we can support and fund entrepreneurs from around the world who have practical ideas on how to address a range of challenges”
The Humanitarian Track targets solutions that enable global communities to adapt to climate-related impacts, offering the opportunity for participants to pilot the winning solution in a real-world climate-related setting through Australian Red Cross Humanitech in collaboration with the Global Disaster Preparedness Centre and supported by the American Red Cross and International Federation of the Red Cross and Red Crescent Societies.
“QBE is committed to taking tangible steps towards a more resilient future, so our communities are prepared and protected against evolving risks,” said Chris Castaldo, chief financial officer at QBE North America and QBE AcceliCITY executive sponsor. “Through the AcceliCITY Resilience Challenge, we can support and fund entrepreneurs from around the world who have practical ideas on how to address a range of challenges.”
The top 100 span a diverse range of areas from community governance and engagement to electric mobility and safe drinking water to wave power. The full list can be found here.
Of the top 100 solutions selected to advance in the Smart City Track, 50 are from the Western Hemisphere division and 50 are from the Eastern Hemisphere. In addition, ten entrepreneurs were selected for the Proptech Track and eleven for the Humanitarian Track. These expert-vetted ideas propose solutions that improve sustainable practices for clean water, renewable energy, urban agriculture, property protection and community climate adaptation.
“The QBE AcceliCITY Resilience Challenge’s reach discovers global solutions to real issues in our communities,” said Mike Lake, founder and CEO of Leading Cities. “We help these companies succeed by connecting them with mentors from our international network of smart city experts and city leaders, supporting their journey to create tangible and lasting positive impact in communities worldwide.”
The companies will now participate in a six-month, web-based curriculum featuring smart city leaders and industry experts from around the world. Companies selected as finalists will then participate in the QBE AcceliCITY Boot Camp, where they will compete for the opportunity to win up to $150,000 to fund a pilot of their solution directly within a community. Learn more about the Top 100 QBE AcceliCITY Resilience Solutions here.
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How can smart city solutions improve community resilience and governance?What criteria determine selection for the QBE AcceliCITY Resilience Challenge?How do pilot projects funded by the challenge impact urban sustainability?What role do mentorship and online courses play in solution development?How do Proptech and Humanitarian Tracks complement the Smart City Track?