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BtoB

IBM announces $50 million in grants under Smarter Cities Challenge

Published on .

Armonk, N.Y.—IBM Corp. this week announced the Smarter Cities Challenge, a competitive grant program in which it will award $50 million in technology and services to 100 municipalities around the globe.

The program is part of IBM’s Smarter Planet business platform, aiming to address global issues such as healthcare, transportation, education and energy.

Under the Smarter Cities Challenge, municipalities may apply for the grants at a new website, www.smartercitieschallenge.org.

Winning cities will be selected based on their ability to articulate two to four strategic initiatives that can potentially be acted upon; their track record of innovative problem solving; commitment to use of technology and open data; and willingness to provide access and time with city leaders and public engagement.

IBM will provide consulting, technology and services to help cities with issues including healthcare, education, safety, social services, transportation, communications, sustainability, budget management, energy and utilities.

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