San Francisco Launches Program For Entrepreneurs To Help Solve City’s Problems

5978430632_b687829894_z

Yesterday, San Francisco Mayor Edwin Lee and the White House launched a new program focused on recruiting entrepreneurs to create tech-based solutions to improve the city’s public sector problems. Such is an interesting coincidence, because yesterday was also the day the U.S. Navy committed to giving $30 million to Hawaii to help solve the state’s high-energy usage.

Apart from solving the city’s problems, the announcement noted that this program is also designed to help entrepreneurs capitalize on the $142 Billion public sector market. It’s interesting that this market is so underserved considering the fact that the bay area is home to such a large startup community. According to the announcement, “the entrepreneurial products or services should drive significant impact such as increased revenue, enhanced productivity or meaningful cost savings” to the city.

A mayor’s office spokesperson told VentureBeat:

“Rather than someone building an app that tells you how late the buses are running, it’s a bit like an app that tells you how the entire Muni system is running.”

The program is called Entrepreneur-in-Residence San Francisco. It will last 16 weeks from mid-October, 2013 through mid-February, 2014 and include “Mentorship from senior public sector leaders across the Bay Area and private sector leaders working in a diversity of industries”, according to the San Francisco’s government website.

For anyone interested in applying for the program, click here.

Zeen is a next generation WordPress theme. It’s powerful, beautifully designed and comes with everything you need to engage your visitors and increase conversions.

More Stories
Woman Complains About Popcorn, Son of China’s Richest Man Comes to the Rescue