How to Finance a Smart City Project

"If federal grant funding is unavailable, public-private partnerships are likely the most accessible options for many cities interested in deploying smart city technologies. Since smart city technology is relatively new and untested at scale, the perceived risk of this technology reduces the willingness of public officials with limited budgets to take on these kind of ambitious projects. Because of this however, many technology companies are eager to work with the public sector to share the costs of smart city deployments and demonstrate the value of the technology,” said Joshua New in ZDNet.