Michael R. Bloomberg today announced the launch of Bloomberg Philanthropies’ 2013-2014 Mayors Challenge, a competition to inspire European cities to come up with bold ideas that solve major problems and improve city life – and that ultimately can be shared with other cities. Modelled on the inaugural competition in the United States, the Mayors Challenge will award €5 million for the grand prize winner, and €1 million for four additional cities that come up with the boldest and most transferable ideas.
LSE Cities will serve as research partner for the challenge, which is also supported by EUROCITIES as city engagement partner, and by Nesta, as implementation partner.