David Bolton: 77 U.S. Cities Rise To The Smart City Challenge

Somewhere in America, there is a city that has moved one step closer to a cash windfall of $50 million that will pull its transport infrastructure out of the dark ages and into a smart future.

In December, the United States Department of Transportation launched its Smart City Challenge—a public-private partnership between the U.S. DOT and investment vehicle Vulcan. Mid-sized cities across the nation were encouraged to submit proposals to the agency as to how they would integrate data-driven processes into their infrastructure with the successful applicant getting up to $40 million from the federal government and $10 million from Vulcan.