Leading Cities has launched the 2022 QBE AcceliCITY Resilience Challenge, a global competition that aims to accelerate the growth of start-up companies transforming cities worldwide.
The non-profit Leading Cities organisation is inviting entries to the 2022 QBE AcceliCITY Resilience Challenge in partnership with global insurance firm QBE North America for the fourth consecutive year.
The competition is ranked among the top five govtech accelerators in the world, and aims to accelerate the growth of start-up companies transforming cities worldwide.
One winner will receive $100,000 and a pilot project in a city while two additional People’s Choice prizes of $25,000 each will also be awarded. Another winner will receive a paid pilot urban food project in the city of Gainesville, Florida.
This year, QBE and Leading Cities are expanding the globally recognised programme to better reach entrepreneurs and smart city start-ups in the Asia/Pacific region by offering their business-to-government curricula in AcceliCITY East and AcceliCITY West.
This development signals the growth and success of the QBE AcceliCITY Resilience Challenge and the demand for such a curriculum around the world.
“As a company that helps people and businesses protect themselves from risk, we recognise the critical need to help form urban resilience in our communities,” said Todd Jones, CEO of QBE North America and president of the QBE Foundation.
“Local communities must accept the challenge facing them – either become more resilient, more sustainable, and more equitable or pay a devastating price for the status quo”
“We look forward to partnering with those on the cutting edge of developing solutions that will make a difference for our world by addressing emerging risks and providing advantageous results for cities here and around the world.”
Submissions will close on 30 April 2022 and the chosen semi-finalists will take part in a three-month virtual accelerator programme. Finalists will participate in a business-to-government (B2G) boot camp and pitch competition.
“Prior to the pandemic, most cities thought of smart city solutions or even innovation itself as a ‘nice to have,’ however, one positive outcome of this global health crisis is that it helped cities to see that such innovative solutions are actually a must have,” said Michael Lake, president and CEO of Leading Cities. “Local communities must accept the challenge facing them – either become more resilient, more sustainable, and more equitable or pay a devastating price for the status quo.”
The city of Gainesville, Florida, is Leading Cities’ sponsor of this year’s AcceliCITY Smart Challenge. City leaders focused the challenge on addressing urban food issues. From urban agriculture and food packaging to consumption and waste, this challenge will provide the winning start-up with a paid pilot project to address the needs of the Gainesville community.
“We value opportunities like the Smart City Challenge that will help the City of Gainesville reach its goals to deliver a sustainable food system to our neighbours,” said Sheyla DeSantana, City of Gainesville smart city coordinator. “Leading Cities’ assistance in identifying candidates ready to implement pilot projects will be invaluable to meet the needs of our challenge area,” she said.
“We value opportunities like the Smart City Challenge that will help the City of Gainesville reach its goals to deliver a sustainable food system to our neighbours”
Previous organisations to win the challenge include Pharem Biotech, which removes pharmaceuticals and other organic micropollutants that pass through wastewater treatment facilities; Bioo, which leveraged innovative technology solutions to address climate change; and DrugViu, which aimed to solve for greater health equity for minorities.
All semi-finalists and finalists will receive additional resources and access to valuable connections to help scale their initiatives globally, including membership to Leading Cities’ virtual co-working space, LaunchPad 11, that claims to be a world-first and clusters start-ups, corporations, industry experts, investors and city leaders from around the world daily in one virtual community.
Leading Cities aims to drive resilience and sustainability by unleashing the potential of the world’s cities by connecting cities across the globe with innovations and insights.
QBE AcceliCITY leverages the Leading Cities network of forward thinkers in the public, private, academic, and non-profit sectors to advance innovation in local governments. The programme seeks 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.
To apply or find out more about the challenge, visit www.accelicity.com.
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