Bloomberg Philanthropies Selects 20 Finalist Cities for Mayors Challenge

Bloomberg Philanthropies announced the 20 cities selected as finalists for the Mayors Challenge, a competition created to inspire American cities to generate innovative ideas that solve major challenges and improve city life — and that ultimately can be shared with other cities across the nation. The grand prize winning city will receive a $5 million prize, while four runner-up cities will receive $1 million each.