Twelve new “smart-city technologies–based” startups will soon be getting the opportunity to test out their technologies in the real world — at the recently opened High Growth Space:24 in One Canada Square. The initiative has been dubbed “the Cognicity Challenge.”
The Cognicity Challenge — put together by the Canary Wharf Group — is launching at the aforementioned One Canada Square (part of the Level39 startup-focused space) in April. Selected startups will be given a 12 week residency at the location.
Amongst the startups selected for the residency are: a company that’s developed a flooring technology that converts the energy of footsteps into electricity; a company that’s developed technology to prevent overheating inside buildings; and a company that’s developing flexible, lightweight solar panels; among others.
As part of the deal, the startups will be given access to, and training from, the Canary Wharf Group.
The Chairman and Chief Executive Officer at the Canary Wharf Group, Sir George Iacobescu, stated: “We launched the Cognicity Challenge in order to promote the development of smart cities technology and the interoperability of systems in future cities. Welcoming these chosen smart cities start-up companies to Canary Wharf is a natural continuation of the Group’s original aim to create the cityscapes of and for the future.”
In addition to the 12 companies alluded to above, 24 other companies will be chosen to participate in the Cognicity Challenge across 4 other categories: automated building management; integrated resource management; connected home; and virtual design + construction.
The winners of the various categories will each be presented with a £50,000 award, and given the option to continue working within the Canary Wharf Group estate to develop their technology.
Those looking for more information can find it here.
Image Credit: Cognicity Challenge