4 projects get STAMP of approval
- 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 8th July 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 Rs. 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.
- 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.
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Download March 2018 Current affairs Magazine- English and
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