The Shared City THINK&ACT @ PARISOMA
Last weekend we hosted the third edition of our THINK&ACT series on the future of the Sharing Economy. This series is organized in collaboration with our parent company, FABERNOVEL, and is designed to explore cutting-edge technologies and services that are changing an industry. We gather some of the industry trailblazers to share their story, demo their products, and inspire the audience to think and act on what they learned.
In the past year there have been a lot of questions about what the sharing economy means for the city and its citizens. In order to find the answer, we decided to turn to our community. From the shared economy startups located here at PARISOMA to friends involved in collaborative consumption, the answer we received was that the Sharing Economy has the potential to totally disrupt the way we live in and think about cities. Everyone said the potential was enormous and we knew we had to do our next THINK&ACT on the future of the Shared City.
On Thursday night we kicked off the THINK&ACT party with a keynote address from Holly Minch from PEERS Organization. Holly explained that sharing isn’t new its just back and its here to stay! Following her inspirational talk, 12 startups demoed their services to an audience of sharing economy enthusiasts, industry thought leaders, and corporate executives. (See the full demoer list here)
But we weren’t done there! From our past THINK&ACTs we realized that one of the greatest takeaways were the conversations people had during the THINK&ACT parties. In order to keep these conversations going and allow people to act upon what they learned from the demos, we created the THINK&ACT Challenge, a 1.5 day “hackathon” for everyone. For this competition we challenged participants to solve city and corporate challenges using the Sharing Economy. To inspire the participants, we kicked off the challenge with speakers from organizations such as the Mayors Office of Innovation, the Exploratorium, the Institute for the Future and BMW who explored the different perspectives on the sharing economy, from city and citizen involvement to the corporate involvement. These speakers challenged the participants to think about how we can collectively move forward to solve challenges and scale new opportunities for the city and corporations. Whether that is using the city’s underutilized resources or rethinking existing business models, the speakers left us with the thought that anything is possible in the sharing economy.
On Saturday we had a special screening of Collaborative Cities, a global sharing economy documentary. At the end of the challenge, the teams pitched their ideas to the FABERNOVEL judges panel. The THINK&ACT Challenge resulted in two winning teams that each won a one-month team membership to PARISOMA. The first winning team, Local Free Web, created a service that allows citizens to find free local internet and computer access via phone call or SMS. The second team, Roadshare.io, designed an app that seeks to provide incentives for ride sharing and reducing traffic. We look forward to seeing these projects take off!
As the weekend came to a close, we realized that the answer to what the sharing economy means for the city is rapid, collaborative innovation. The city and corporations have a tremendous amount of underutilized resources and, if we work together, we can harness these resources and help make the city and corporations more efficient and sustainable. From corporate solutions to sharing new spaces, the future of the city is truly a Shared City.
Stay tuned for the video recap of the event and the innovation talks. If you would like to get involved or have an idea for our next THINK&ACT, please email [email protected]