New York City launches $30 million competition to make businesses more resilient to storms like Sandy
- 30 January 2014
NEW YORK: A Federally-funded contest has been launched to help New York City's small businesses become more resilient to climate change.
The competition, organized by the New York City Economic Development Corporation (NYCEDC), aims to find innovative technologies to install at small businesses affected by 2012’s Hurricane Sandy in order to protect them from future extreme weather, rising sea levels and other impacts of climate change.
Businesses and organizations from around the world are invited to submit their proposals to win US$30 million to install their top technology through the Community Development Block Grant-Disaster Recovery program, which is administered by the US Department of Housing and Urban Development.
Entries will be judged on their potential to limit the impacts of future storm damage or service outages on small businesses, by improving the resiliency of energy infrastructure, telephone networks or building systems—such as fire protection, electric equipment, waterproofing or plumbing.
“We owe it to the thousands of small businesses impacted by Hurricane Sandy to do everything we can to help strengthen them against future storms and the effects of climate change,” said NYC Mayor Bill de Blasio. “This is a critical step in the process to harness the greatest resiliency innovations from around the world."
"Recovery and rebuilding efforts have demonstrated the need for new solutions to strengthen the infrastructure supporting the small businesses that are the backbone of the City’s economy,” said NYCEDC President Kyle Kimball. “This competition will identify the most promising innovations that can effectively minimize potential damage before severe weather events or, if damage does occur, help businesses recover and return to operation quickly, sustaining the City’s economy and bolstering the economic livelihood of thousands of New Yorkers.”
Small businesses that were impacted by Hurricane Sandy, or those that are located in the area or 100-year floodplain, are also invited to apply to get the technologies installed.
“This program is a win-win for businesses impacted by Hurricane Sandy and for innovative entrepreneurs,” said City Council Speaker Melissa Mark-Viverito. “RISE : NYC is a smart, innovative program that will help our city continue to recover from the effects of Sandy and build back stronger and better than before. I thank Mayor de Blasio, the New York City Economic Development Corporation and the U.S. Department of Housing and Urban Development for spearheading this important effort.”
Entry deadline is February 28, 2014.
Read more about the contest, Resiliency Innovations for a Stronger Economy - RISE : NYC.