The NYU Tandon School of Engineering today announced the winners of its 2017 Urban Future Competition, which debuts the world’s most revolutionary smart mobility, smart city, and smart grid technologies. Held by the Urban Future Lab, New York City’s hub for smart cities, smart grid, and clean energy, the competition brought together the brightest entrepreneurs, mission-driven investors, policy leaders, and corporate sponsors for a prestigious pitch competition.
The competition drew a record-breaking number of applications, with submissions from more than 22 countries and sponsorships from BP Ventures, The New York Community Trust (NYCT), and the New York State Energy Research and Development Authority (NYSERDA).
The three winners, chosen by industry-leading investors and corporate leaders, represent the world’s most promising companies and technologies across three tracks: BP Smart Mobility, NYCT Smart City, and NYCT Smart Grid. Dollaride won the BP Smart Mobility category, Avvir won the NYCT Smart City category, and simuwatt won the NYCT Smart Grid category.
Each Urban Future Competition Prize winner received a non-dilutive, non-equity cash prize of $50,000 and office space in Urban Future Lab’s internationally recognized cleantech incubator program, ACRE, for a minimum six-month engagement. These winners will join a portfolio of market-ready companies that strategic funders and corporate investors turn to for new deals and technology investments. The competition’s $50,000 cash prizes are funded by BP Ventures, NYCT, and NYSERDA.
For more information, visit urbanfuturecompetition.com.