Bloomberg Philanthropies has announced 21 finalists for its annual Mayors Challenge, a competition to reward cities which propose the most creative and transferable solutions to intractable social problems such as public health, unemployment and transportation. The finalists were selected from a pool of 155 applicants from across Europe.
From the 21 finalists, a winner will be announced this fall, with the winner receiving €5 million to develop their proposal, and 4 runners-up receiving €1 million each. Founder of Bloomberg Philanthropies and former Mayor of New York City commented "We need city leaders to continually reach for innovative new ways to address urban challenges – and then share what’s working with the world. That’s what the Mayors Challenge is all about."
Read on after the break for more on the challenge and the list of 21 finalists