CEOs for Cities Launches the Talent Dividend Prize

Posted by Shayna Pollock on January 31, 2011

CEOs for Cities opened registration for the Talent Dividend Prize, a three-year competition to increase college attainment in major cities. CEOs for Cities’ research shows that 58 percent of a city’s success, as measured by per capita income, can be attributed to post-secondary degree attainment. Thus, the Talent Dividend Prize, which aims to foster economic development, will award a $1 million prize to the city with the largest increase in post-secondary degree attainment per one thousand people. The competition, which is supported by the Kresge Foundation and the Lumina Foundation, is open to all cities with a metropolitan population of 500,000 or the largest metropolitan areas in a state. The prize will be used to launch a national promotional campaign for the winning city.