/ Financial / Federal Transit Administration Launches $11 Million Innovation Initiative

Federal Transit Administration Launches $11 Million Innovation Initiative

Parul Dubey on January 16, 2020 - in Financial, News

WASHINGTON – Federal Transit Administration (FTA) Acting Administrator K. Jane Williams today announced the U.S. Department of Transportation’s Accelerating Innovative Mobility (AIM) initiative, which supports and advances innovation in the transit industry. Speaking at the Transportation Research Board 2020 annual meeting, Williams described the AIM initiative, which encourages innovation throughout the industry by promoting forward-thinking approaches to improve transit system design, service, and financing.

“The Accelerating Innovative Mobility initiative will enhance the service, design, and financing of public transportation systems through forward thinking and innovative practices,” said U.S. Transportation Secretary Elaine L. Chao.

The AIM initiative includes $11 million in challenge grants to help transit agencies experiment with new ways of doing business, such as exploring new service models that provide more efficient and frequent service. The goal of the new service models is to encourage travelers to choose transit. FTA will also support outreach to both urban and rural areas in order to ensure widespread exposure to projects.

“Innovation has never been more important than it is today,” Williams said. “We need to continue to innovate to keep pace with today’s fast-changing transportation network.”

AIM challenge grants will be detailed in an upcoming FTA Notice of Funding Opportunity (NOFO). The initiative will establish a national network of transit agencies that will test and share project results and use FTA’s technical assistance centers to promote promising innovations.

Acting Administrator Williams also announced during her remarks that as part of the AIM initiative, FTA’s Fiscal Year 2020 competitive grant programs, which will total $615 million, will highlight innovation as part of their selection criteria.  This will provide applicants with an opportunity to showcase how they can incorporate new approaches to improve the rider experience.

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