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FOR IMMEDIATE RELEASE: JANUARY 8, 2016 

Mariela Alfonzo, PhD                                                             

State of Place

+1 305-528-2642

mariela@stateofplace.co

State of Place Receives Public Angel Funding

New York, January 8th, 2016 – State of Place has been awarded a highly coveted and competitive Small Business Innovation Research (SBIR) Award by the National Science Foundation (NSF). The NSF SBIR program seeks to assist early-stage, social entrepreneurial companies with Angel funding to further develop their innovative technologies. By supporting the transformation of scientific discovery into societal and economic benefit, NSF is trying to catalyzing private sector commercialization of cutting-edge, high-quality scientific research and development.

The funding will allow State of Place to produce the minimum viable product (MVP) version of the State of Place (SoP) Software as a Service (SaaS) urban data analytics platform. State of Place helps cities, planners, developers and investors maximize the value for money and time needed to facilitate walkable development. Dr. Alfonzo notes that “SBIR Phase I funding will allow State of Place to develop a software that will automate their algorithm, which quantifies walkability based on over 280 urban design features, and run their forecasting model that predicts the economic impact of creating walkable development. They will be implementing Lean Startup principles and Design Thinking - working intimately with early adopters - to ensure the user desirability, technical feasibility and business viability of State of Place.”

Urban dwellers and businesses alike are increasingly demanding walkability - the ability to access goods and services within a safe, convenient, and interesting walk near homes and workplaces. “State of Place has steadfastly been consulting with the real estate and planning industries to address this demand for over ten years. We are looking forward to codifying this experience into an easy to use software that helps our customers tap into the more than 15 years of evidence-based learnings in this field - and turn them into walkability experts themselves! We aim to establish State of Place as a standard for walkability, not unlike LEED is for green buildings. But ultimately, our mission is to help deliver irresistible places people love - that also happen to be healthier, more sustainable and more profitable places too!”

The public abstract of State of Place’s SBIR project can be found here: bit.ly/SBIRSoP

About State of Place: State of Place is an innovative urban data analytics startup that forecasts the value-add of walkability. We help cities, real estate developers and NGOs by quantifying what people love (and don’t) about their communities and identifying the most valuable ways to maximize their walkability, so they can deliver irresistible places. www.stateofplace.co