Breaking down silos to build smart cities and regions

Venture Smarter

Chaotic, siloed planning and development, outdated policies, infrastructure, and strategies all contribute to wasted time, money, resources, and energy for governments, agencies, and businesses navigating the digital transformation and working desperately to create better places to live, work, and visit. This is why Venture Smarter came to life, to help these key stakeholders build smart cities, regions, and industries. 

Outdated systems and infrastructure are straining municipal budgets and limiting growth potentials for businesses and communities. New technologies and solutions save individual agencies and departments time and money, and might contribute as individual components of a smart city plan. But in order to have a truly smart city or region, new systems must be interoperable and secure, while providing tangible benefits to operational efficiencies and the overall quality of life.

With that in mind, we must take a collaborative approach in developing smart cities and regions that use technology as a tool to mitigate risk, optimize assets, and enhance the quality of life for all people regardless of socioeconomic or physical barriers. If we don't plan with a focus on interoperability and accessibility, we will waste an enormous amount of time, money, and energy as technology and citizen needs rapidly evolve.

2018 Smart Infrastructure Challenge Project Preview Map

We recently proposed a challenge to regional teams across the United States by way of the 2018 Smart Infrastructure Challenge. 70 teams have submitted more than 80 responses with a focus on smart, resilient, and interoperable planning. The challenge sounds relatively simple:

Create an innovative smart infrastructure vision and planning framework for your region to compete for funding, access to financing, and support resources to pursue the plan.

Some questions to we encouraged teams to consider:

  • What does 'smart' look like and mean to your region?
  • What problems will intelligent solutions solve in your region leveraging new technologies, policies, and strategies?
  • How will you track and measure outcomes for people, businesses, and agencies?
  • How will projects be funded and/or financed?
  • How will intelligent systems work together - department to department, city to city, and even state to state?
  • How will you mitigate risks from sources ranging from climate change to cyber-security?

These regional teams of public and private sector collaborators are charged with creating a project vision and planning framework focused on regional interoperability that leverages available resources and emerging technologies to optimize or altogether replace outdated systems and infrastructure across a defined region while implementing tangible benchmarks to measure the impact for people - residents, visitors, businesses, and agencies.

Response teams are competing to access to more than $50 million in grant resources, funding, and project financing. You can connect with each team, and watch their project pitches on October 25th during the Second Annual Smart Regions Conference which will be hosted this year in Columbus, OH.

If your government, business, or university is working on or thinking about launching smart cities projects or efforts, let us know!