Nova’s 2020 Tech Startup Programme Now Open - click here to apply
Updated 05 August 19
Professor Paul Morrissey, Chairman of Nova, recently sat down with North West Business Insider to discuss Future State, and the positive impact startups can have on cities as new technology is created and implemented to make cities smarter and address the challenges of the future.
Future State is an ambitious project that aims to bring the expertise and experience of cities across the globe together to successfully implement new tech and become truly smart cities. The connections this project will establish between Liverpool, where Nova is headquartered, and the 14 other European cities involved will prove invaluable in the future. Working closely with the cities, its vision is to create successful smart city startups addressing shared city challenges.
“We’re trying to find the problems that are worth solving in these future cities” commented Paul. He spoke about the need to be proactive, adding that “if we wait two to three year’s time and then try to solve these problems it will be too late, so we’re trying to be innovative now”.
The key focus of the project is to bring together the 14 cities to explore, analyse and validate the top problems faced and deploy startups within the selected cities to stimulate the economy and create jobs. This pioneering project has created a global network and community to drive innovation and opened access to over £4m of investment to address the challenges.
Paul talked to Insider about how infrastructure can be harnessed to solve problems of tomorrow. He cited the 5G infrastructure that is currently being implemented in cities across the UK and how it has the potential to solve a myriad of issues that can arise in smart cities. 5G Wi-Fi can be deployed using drones to focus on targeted areas of the city, helping to reduce congestion at specific times, such as when over 50,000 people leave Anfield stadium after a game.
In the same way, with the first phase of construction of Liverpool’s new Cruise Liner Terminal having just begun, Future State is already envisioning solutions for any problems that may arise. The obvious issue will be the crowding following the influx of people entering the city from the terminal. Given that each person will have a different destination in mind, autonomous vehicles could be used to transport them around the city quickly, reducing congestion.
Read the full feature in the June issue of Business Insider North West.
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