Chicago, Louisville, Miami, San Diego and Syracuse awarded $3 million each for creative solutions to drive inclusive growth through collaboration among civic, business and community leaders.
JPMorgan Chase today announced the first winning cities in the AdvancingCities Challenge, an annual competition to source innovative and sustainable solutions to address the most persistent problems facing communities. The Challenge is part of AdvancingCities, the firm’s $500 million, five-year initiative to drive inclusive growth and create greater economic opportunity in cities. JPMorgan Chase will award five winning cities—Chicago, Ill., Louisville, Ky., Miami, Fla., San Diego, Calif., and Syracuse, N.Y.— $3 million each over a period of three years, for a total of $15 million.
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