May 15, 2015
One of the areas in which 1776 is trying to hone strong entrepreneurship, is cities. This involves everything from solving transportation problems, improving urban development strategies, helping the homeless, or making our cities more green and sustainable. Considering 54% of the world’s population lives in urban areas, these kinds of innovations could improve the lives of over half of the people on the planet (because, math).
On Thursday night, the Challenge Cup hosted its pitch competition for cities & transportation. Twenty entrepreneurs pitched their ideas, products, and services and two finalists were chosen to move on to the finals which will take place on Saturday.
- — From Nairobi, Kenya, NeoKenya has created a market solution to solve the problem of rising food prices across Africa. Its solution, Twiga, offers farmers a formal guaranteed prices, handles the produce with care to eliminate loss and delivers directly to thousands of independent kiosks.
- — From San Francisco, CA, 26.7 percent of Americans live in multifamily households in the U.S. and do not have the ability to charge an electric vehicle. As EV adoption rates are shooting through the roof, a massive opportunity is created for a product that empowers this demographic.
A few of the other competitors of note were:
- StormPins StormPins is a social weather and breaking news platform that combines cities with TV Media, Police, Fire, Emergency Managers.
- OpportunitySpace OpportunitySpace is an online marketplace for undervalued real estate. OSpace helps governments identify and market their surplus real estate to the right buyers whose development plans will support the revitalization of communities.
- Local Roots Local Roots is dedicated to providing everyone access to fresh, healthy, and affordable locally-grown produce. The company uses controlled-environment farming technologies to grow leafy greens & other herbs down the street from our customers. Their produce is always pesticide-free, herbicide-free, and non-GMO.
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