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Connected Places Catapult partners with Mastercard’s City Possible Network to drive Urban Transformation
Mastercard and Connected Places Catapult today jointly announced at the World Urban Forum that they have signed an MOU to join Mastercard City Possible network.
City Possible, pioneered by Mastercard, is a partnership and co-creation initiative that brings cities, companies, and communities together to identify common challenges and co-develop solutions that advance inclusive and sustainable urban development.
Connected Places Catapult is the UK’s innovation accelerator for cities, transport, and places. The Catapult provides impartial ‘innovation as a service’ for mobility and built environment businesses, infrastructure providers and public institutions to catalyse step-change improvements in the way people live, work and travel.
The MoU lays the foundations for the partnership to accelerate the adoption of innovative solutions in cities worldwide, using a people centred approach that will leverage synergies between Mastercard’s City Possible platform and the Catapult’s expertise, ecosystem, and past successes. To design and deliver such solutions, the partnership will explore, identify, and design opportunities to connect cities and public sector entities through engaging the global urban innovation ecosystem and opening new markets.
The two organisations recently met in Johannesburg and Cape Town to meet the cities, attend African Tech Week. Through workshop with key stakeholders in the region, they are looking at the opportunity that accelerating the way we use data to tackle city challenges with a community of innovators.
Further announcements will follow on upcoming projects and opportunities.
“The signing of the memorandum between Connected Places Catapult and Mastercard aligns with the Catapult’s efforts to partner with world leading global organisation to create real impact of cities by implementing innovative solution to current and future challenges they may face. We are excited by the partnership and look forward to working with City Possible to ensure we can create scalable, impactful change to the challenges our cities and places are facing.”Guilherme Johnston, Head of Global Partnerships, Connected Places Catapult
