3M to Sponsor Prospect Silicon Valley

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ProspectSV Announces New Corporate Sponsor

"Our work with ProspectSV will help us further develop collaboration within the urban mobility ecosystem, as we aim to build the connected roads of the future." Andrew Dubner, Business Leader for 3M's Connected Roads Program

Prospect Silicon Valley (ProspectSV) has announced their newest corporate sponsor, 3M. The Connected Roads program at 3M harnesses the power of science to help make the world's roadways safer and more efficient for emerging smart vehicles. ProspectSV has strong connections to both the public and private sectors and will help facilitate deeper partnerships between 3M and public agencies throughout the Bay Area.

ProspectSV will identify collaborative opportunities for 3M to participate in smart city pilot programs and will support 3M's transportation and vehicle safety solutions designed to enhance current infrastructure which will help enable the safe human and machine navigation of roadways. ProspectSV will also provide 3M access to innovative startup technologies through their connections with incubators, accelerators, and their ecosystem of advanced mobility companies.

"As an innovator in the industry, we're looking to strengthen the technology that is essential to roadway infrastructure safety in the developing smart cities market," said Andrew Dubner, Business Leader for 3M's Connected Roads Program. "Our work with ProspectSV will help us further develop collaboration within the urban mobility ecosystem, as we aim to build the connected roads of the future."

ProspectSV CEO, Ruth Cox, says, "We are excited to work with 3M as they expand their innovative offerings for smart city applications in connected and autonomous vehicles. With a goal of improving traffic safety and efficiency, 3M will leverage ProspectSV's relationships with the public and private sectors to engage in collaborative efforts designed to solve real world challenges in the deployment of advanced mobility solutions."

About ProspectSV
ProspectSV is a nonprofit cleantech innovation hub that focuses on advanced mobility and energy solutions for urban communities. By collaborating with key partners and providing resources for entrepreneurs in the field, ProspectSV is working to improve urban sustainability. ProspectSV provides technical insight, connections to partners / investors, pilot opportunities, and access to their Technology Demonstration Center and test beds (located inside the SJ Environmental Innovation Center). The organization has shown their commitment to innovative technologies and the business models that support them. ProspectSV has provided support to over 25 startups that have raised close to $200M in follow-on funding and helped raise more than $80M in grant funding for demonstration projects. For more information visit http://www.prospectsv.org.

About 3M
At 3M, we apply science in collaborative ways to improve lives daily. With $32 billion in sales, our 90,000 employees connect with customers all around the world. Learn more about 3M's creative solutions to the world's problems at http://www.3M.com or on Twitter @3M or @3MNews.

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Hilary Davidson
@ProspectSV
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