Fourteen tech start-ups have been shortlisted to develop innovative solutions to some of the capital’s most pressing social and environmental problems – including affordable housing – as part of the Mayor of London’s Civic Innovation Challenge.
More than 100 applicants have been whittled down to a shortlist of fourteen companies who will further develop the proposals they submitted in response to seven challenges set out by the Mayor, Sadiq Khan, in June.
Later this year, the final seven – one for each challenge – will each be awarded £15,000 to jointly test and refine their ideas with a group of corporate partners.
The seven challenges include dementia care, active travel, and loneliness, as well as helping ensure genuinely affordable housing is available for all.
The Civic Innovation Challenge (CIC) launched in June as part of the Mayor’s Smarter London Together roadmap, which sets out how he aims to realise his ambition for London to become the world’s leading smart city.
The Mayor has brought together a range of partners, along with delivery partner Bethnal Green Ventures – including Transport for London, National Grid, Shell, Lloyds Banking Group, the London boroughs of Hackney and Ealing, and a group of London NHS trusts – to offer the companies mentoring and support as they develop their solutions.
The Mayor of London, Sadiq Khan, said: “London’s tech community boasts some of the most dynamic and creative businesses and entrepreneurs anywhere in the world.
“City Hall wants to bring that expertise, energy and vision to bear on some of the challenges our city faces – using technology for good, to help tackle problems like air pollution, loneliness, financial exclusion and access to affordable housing. ”
Partner at Bethnal Green Ventures, Jessica Stacey, said: “We were overwhelmed by the quality of start-ups that responded to the Mayor’s call to solve some of London’s major challenges.
“We’re looking forward to working closely with the finalists over the next month as they get ready to develop and test their innovative solutions.”