More details and a video from the IBM Sponsored ITS Congestion Challenge
A few more details today about the ITS Congestion Challenge as well as a video from the conference. Apparently there were 116 startups from over 20 countries – not the 90 that I had been quoting in this blog and in our press release. Some additional details about how it all worked from the Spenser Trask blog:
The challenge from June through August. The VenCorps community reviewed and rated the 116 participating startups on five criteria: the speed and efficiency of their solutions; behavioral impact; safety; sustainability; and economic competitiveness. Based on community ratings, nine finalists were picked for the 30-day Showdown. During the Showdown, community members allocated VenCorps Points to their favorite challengers.
In this video Gerry Mooney, IBM General Manager Fiscal Stimulus & Economic Recovery, talks about IBM’s commitment to helping solve traffic congestion problems and their intention to support some of the innovative new ideas that made it into the final round of the Challenge.
This sounds like an outstanding opportunity.