The City of San Diego, local incubator CyberTECH and blockchain software firm ConsenSys will launch a pitch competition for smart city startups. The event will give entrepreneurs in the cybersecurity, Internet of Things and smart city sectors a chance to compete for $50,000 in seed funding.
The Smart & Safe Cities Initiative will start with a program kickoff on Nov. 8 at Nest CoWork in Bankers Hill. Starting Dec. 3, startups will be able to participate in a 10-week accelerator program called SmartCityEDU.
The event will culminate in the first International Smart & Safe Cities Conference on March 21 and 22 at the University of San Diego’s Shiley Marcos School of Engineering, where the $50,000 pitch competition will take place.
Darin Andersen, CEO and co-founder of CyberTECH, described the program as a “startup super highway.”
“Together, we’re creating the infrastructure, applications, and best practices that will enable a decentralized, secure, ultra-connected tech world, here in San Diego and beyond,” he said in a press release.
The Smart & Safe Cities Initiative launched in 2016 as a public-private collaboration between the City of San Diego, technology companies and entrepreneurs. The initiative was created to improve the region’s energy dependence, reduce greenhouse gas emissions and encourage economic growth.