Paul G. Allen’s Vulcan Inc. awards additional $10 million

COLUMBUS, OH – U.S. Transportation Secretary Anthony Foxx announced today that Columbus, OH has been selected as the winner of the U.S. Department of Transportation’s (U.S. DOT)’s Smart City Challenge. As winner of the Challenge, Columbus will receive up to $40 million from U.S. DOT and up to $10 million from Paul G. Allen’s Vulcan Inc. to supplement the $90 million that the city has already raised from other private partners to carry out its plan. Using these resources, Columbus will work to reshape its transportation system to become part of a fully-integrated city that harnesses the power and potential of data, technology, and creativity to re-imagine how people and goods move throughout their city.

For more details, go to the Smart City Challenge website, where you can read the full press release, view the pitch made by the City of Columbus and learn more about the Challenge.