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ParkX, First Smart City App Hack Winner, Becomes Finalist in the Venture Madness CompetitionParkX, First Smart City App Hack Winner, Becomes Finalist in the Venture Madness Competition<div class="ExternalClass8806607434294F10B4040D53D365C169"><p>​Phoenix Councilman Bill Gates is congratulating ParkX, the winner of the first annual Phoenix ​​​​Smart City App Hack last fall, for being named one of 16 finalists in Venture Madness, a regional competition that pits promising local startups against one another in a bracket style tournament for a share of $100,000.<br> <br> “ParkX’s victories at Venture Madness show that last fall’s Phoenix Smart City App Hack was an effective proving ground for startups looking to bring their ideas to market,” Councilman Bill Gates said. “I hope their success inspires the next generation of app developers to look to the 2016 App Hack as an opportunity to introduce their ideas to the world.”<br> <br> “Great startup events – including the Phoenix Smart City App Hack and Venture Madness – showcase our local talent and help put homegrown companies like ParkX on the map,” said Phoenix Mayor Greg Stanton. “The momentum in our entrepreneurial ecosystem is incredible and shows no signs of slowing down.”<br> <br> ParkX allows motorists to pay for parking directly from their smartphone. The app sends reminders and alerts when the meter is about to expire and allows users to add money to the meter. They were named the winner of the 2015 Phoenix Smart City App Hack last October by apanel of industry experts and local city officials, along with input from attendees at the finale who participated through live text-to-vote.<br> <br> "Phoenix's success in today's economy relies on attracting, developing and retaining top talent," said Vice Mayor Daniel Valenzuela. "Our community has some of the most talented entrepreneurs in the world. ParkX is a shining example of how our startup ecosystem is becoming a major economic engine for the greater Phoenix region. I look forward to watching ParkX and the rest of the entrepreneurs compete in Venture Madness."<br> <br> The firm will go head-to-head against other startups’ apps in Venture Madness from March 2-4. Information and pitch videos on all 16 finalists are available on the event website at: <a href="/_layouts/15/Catalog.aspx?Url=https%3A%2F%2Fwww%2Ephoenix%2Egov%2FLists%2FNews%2Fventuremadness%2Einvestsouthwest%2Eorg%2F">venturemadness.investsouthwest.org/</a>.<br> <br> “The Phoenix Smart City App Hack (SCAH) was a tremendous experience for ParkX. By providing the platform to pitch ParkX on an international stage in Barcelona, it gave us the confidence needed to compete in competitions like Venture Madness,” said Ross Shanken, CEO of ParkX. “I want to thank the City of Phoenix and the Institute for Digital Progress for supporting local entrepreneurs like ourselves.”<br> <br> ParkX is available for mobile devices through Google Play and the Apple App Store. Details on their app are available on the company’s website at <a href="/_layouts/15/Catalog.aspx?Url=https%3A%2F%2Fwww%2Ephoenix%2Egov%2FLists%2FNews%2Fgetparkx%2Ecom">getparkx.com</a>.<br> <br> The 2016 Phoenix Smart City App Hack is set to kick off this summer. Details will be available on the Council District 3 website at <a href="/_layouts/15/Catalog.aspx?Url=https%3A%2F%2Fwww%2Ephoenix%2Egov%2FLists%2FNews%2Fphoenix%2Egov%2Fdistrict3">phoenix.gov/district3</a> later this year.</p></div>3/1/2016 11:00:00 PMDavid Urbinato602-495-5405