Chicago wins $1M from Bloomberg innovation contest - FOX 32 News Chicago

Chicago wins $1M from Bloomberg innovation contest

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CHICAGO (Associated Press) -

The city of Chicago has won $1 million in a contest created by New York Mayor Michael Bloomberg.

Chicago was 1 of 5 winners in the Bloomberg Philanthropies' Mayors Challenge contest, including Houston, Philadelphia, Providence, R.I., and Santa Monica, Calif.

More than 300 cities pitched ideas to the contest, which is designed to spur innovation in American cities. Chicago Mayor Rahm Emanuel announced the prize Wednesday.

Chicago plans to harness computers to create a data-driven "predictive analytics platform." It would track trends and allow city leaders to identify problems before they are obvious.

Providence won a $5 million prize. Chicago was 1 of 4 cities selected as runners-up, which receive $1 million each.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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