The MTA and the Partnership for New York City have announced the second round of the Transit Tech Lab accelerator program that launched earlier this year. The inaugural run selected six finalists to participate in an eight-week program dedicated to developing innovative, private sector solutions for the challenges facing our subway, bus, and rail services. Of those six, four companies have already started piloting their products with the MTA. The new round of submissions is specifically seeking entrepreneurs with products that improve accessibility (a major component of the MTA’s recently unveiled capital plan), enhance traffic coordination, or create new sources of revenue. Submissions are open through November 30.
Transit Tech Lab
Image via Flickr
As part of the much-needed effort to modernize New York City public transit, the MTA and the Partnership for New York City have announced six finalists for the inaugural Transit Tech Lab accelerator program. The eight-week program, which began this week, will give the six chosen companies an opportunity to try new technologies customized to solve for specific subway and bus priorities such as reducing cost and cutting down subway delays by employing predictive maintenance, deploying a transit network planning platform, using computer vision to untangle bus lane traffic and using sensors to address platform crowding.