UI LABS
|
Location |
Chicago, IL |
|
|---|---|---|
|
Project Name |
City Digital/UI LABS Smart City Technology Commercialization Program |
|
|
Program |
i6 |
|
|
Award Amount |
Federal Share |
Non-Federal Share |
|
$500,000.00 |
$1,060,400.00 |
This EDA investment will support the growth of UI Labs’ City Digital program by allowing the organization to increase the number of innovative, market-ready urban infrastructure solutions developed through its public-private consortium, designing proof-of-concepts with the potential to yield a regional Smart City cluster of new businesses, new jobs, and economic efficiencies. Since launching in March 2015, City Digital has delivered a portfolio of 12 smart city technology solutions, including two that have been successfully introduced into commercial markets. By closing an anticipated gap in operational support for targeted program growth, the i6 Challenge funding will 1) Accelerate the emerging Smart City technology cluster that City Digital is leading in the Chicago region; and 2) Accelerate commercialization program outcomes that can be used to attract additional investment.