The European Commission announced this week that the candidature process for cities that wish to become European Capital of Innovation 2018 will be open until June 21st. Six cities will be awarded for their innovative solutions to its social challenges since January 1st, 2017. In particular, initiatives that have generated urban ecosystems that connect citizens, the public sector, the academic and companies and which translate the results into well-being for the public. It is valued that they have been experimental projects and that have included citizenship in the design and decision-making processes.
The first prize will consist of € 1,000,000 while the 5 finalists will receive a prize of € 100,000 each. In the previous edition, the first prize went to the city of Paris, while Tel Aviv and Tallinn obtained the second prize.