4 projects get STAMP of approval

  • 4 projects get STAMP of approval

    Summary: Research grant awardees of the Station Access and Mobility Program (STAMP) 2017 challenge organised by World Resources Institute and Toyota Mobility Foundation, in Bengaluru on Saturday. “Strong last-mile connectivity has the potential to improve metro ridership by up to 15%,” said Pawan Mulukutla, Head-Integrated Transport, WRI India Ross Centre. The four startups will be awarded research grants to execute pilot projects at select stations. The fifth winner, CiFoS (Citizens for Sustainability), has been selected as an enabler, and will help the other grant awardees with their pilot projects. | Photo Credit: K_MURALI_KUMARFour entrepreneurs who pitched solutions to improve the first- and last-mile connectivity to Namma Metro stations in Bengaluru will soon get a chance to execute their ideas.

    Research grant awardees of the Station Access and Mobility Program (STAMP) 2017 challenge organised by World Resources Institute and Toyota Mobility Foundation, in Bengaluru on Saturday. | Photo Credit: K_MURALI_KUMAR Four entrepreneurs who pitched solutions to improve the first- and last-mile connectivity to Namma Metro stations in Bengaluru will soon get a chance to execute their ideas. The Station Access and Mobility Program (STAMP) challenge, which was rolled out over a period of one year in four stages, concluded on Saturday with 'Pitch Day' in which 13 projects out of around 80 entries were reviewed by a jury comprising mobility and urban transport experts. The four startups will be awarded research grants to execute pilot projects at select stations. The total grant of ?40 lakh will be shared among the four winners. The fifth winner, CiFoS (Citizens for Sustainability), has been selected as an enabler, and will help the other grant awardees with their pilot projects. “Strong last-mile connectivity has the potential to improve metro ridership by up to 15%,” said Pawan Mulukutla, Head-Integrated Transport, WRI India Ross Centre , As Reported By Hindu.

    According to the Newspaper,At present, over 3 lakh commuters use the Namma Metro network every day. The projects will be supported by the World Resources Institute (WRI), Toyota Mobility Foundation (TMF), the Bangalore Metro Rail Corporation Limited (BMRCL), the Bangalore Metropolitan Transport Corporation (BMTC), Bangalore Political Action Committee (B.PAC), IIM-Ahmedabad and Urban Venture labs. The pitches on Saturday were followed by a conference on sustainable development of Bengaluru. Participants discussed congestion, land-use, infrastructure, transport, energy and some other issues. “We need to ensure that growth in Bengaluru, as well as other Indian metropolises, is balanced, organic and sustainable,” said O.P. Agarwal, CEO of WRI India. The winning solutions Grant Awardees 1: Quick Ride Maturity level: Generating revenue Profile: Quick Ride provides carpooling options and offers redeemable fuel points to ride-givers.

    Source: http://www.thehindu.com/news/cities/bangalore/4-projects-get-stamp-of-approval/article19241243.ece


    Subscribe to Bengaluru News
×
NYOOOZ
Your City Your News