
All finalistsin the Smart City Challenge will receive $100,000 each to aid in the development of new ideas that would be judged on the candidate’s ability to “think big,” form a road map and integrate technology on a proposed city transportation network, DOT said Saturday.
âThe level of excitement and energy the Smart City Challenge has created around the country far exceeded our expectations,â said Transportation Secretary Anthony Foxx.
Foxx said that seven were selected instead of five because of the potential of the participants to develop the future of urban transportation.
The complete list of finalists is found on DOT’s website and the department will announce the winner in June.
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