Thursday, July 03, 2014 9:06:54 AM
Stage 1
The deadline for Stage 1 applications was March 14, 2014. Applications were evaluated by NYCEDC staff and partners that are familiar with competition rules and objectives and the resiliency challenges facing New York City. Successful applicants have been invited to move on to Stage 2.
Stage 2
Applicants selected to move on to Stage 2 received the Stage 2 competition brief on May 12th, 2014. In Stage 2, applicants are asked to provide detailed information on their project’s technical feasibility, costs, team composition and project site. Stage 2 applications will be evaluated by NYCEDC staff and partners with support from a team of industry experts that are leaders in multiple areas including infrastructure, building design and technology innovation, investment and finance, and the needs and concerns of small businesses and communities in areas impacted by Hurricane Sandy.
Stage 2 will include a public demo night that will give applicants the opportunity to discuss their proposed projects with industry leaders, community stakeholders, and the general public.
Evaluation Criteria
At each stage of the competition, applications will be evaluated based on three main criteria: (1) application completeness, (2) ability of the project to meet competition goals, and (3) project feasibility. In assessing each application’s ability to meet competition goals, evaluators will consider the project’s effectiveness in addressing resiliency priorities, its economic impact, and potential for citywide replicability and scalability. Evaluations of project feasibility will consider the experience of the project team, cost and speed to implement, the proven success of the proposed technology in other contexts, and the degree of innovation and value proposition represented by the proposed resiliency measure.
Project Implementation
Once finalists have been selected, project teams will be encouraged to begin deployment as soon as possible following the signing of all necessary grant agreements and contracts. To achieve this goal, NYCEDC will support selected finalists through the processes of contracting with the City and relevant State and Federal agencies.
Proposed metrics for reporting on project progress and outcomes will be decided with project teams and monitored throughout the deployment process as well as after implementation has been completed. Project progress and success stories will be shared on the competition website and publicized by NYCEDC and the City of New York.
My opinions are my own... And should not be used in decisions to buy or sell stock.
FEATURED DaBaby and Stunna 4 Vegas's "NO DRIBBLE" Joins Music Licensing, Inc.'s Portfolio • Jun 7, 2024 10:15 AM
Mushrooms Inc. (OTC: MSRM) Announces Significant Share Buy Back by the Board Director and New Strategic Initiatives. • MSRM • Jun 5, 2024 1:32 PM
Hydromer Announces Launch of HydroThrombX Medical Device Coating Technology • HYDI • Jun 5, 2024 10:24 AM
Dr. Michael Dent Finances $1 Million to Drive HealthLynked's Healthcare Transformation • HLYK • Jun 5, 2024 8:00 AM
Avant Technologies Enters Binding LOI to Purchase Dozens of High-Performance, Immersible, AI-Powered Servers • AVAI • Jun 5, 2024 8:00 AM
IQST - iQSTEL Announces $290 Million 2024 Annual Revenue Forecast • IQST • Jun 4, 2024 1:43 PM