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Bike-Sharing Program Software Reveals Cash Flow Options

CityRyde, December 1, 2010, Sustainable City Network - Transportation

PHILADELPHIA, Pennsylvania -- CityRyde has submitted the methodology behind its new Inspire software to the Voluntary Carbon Standard (VCS) Program for approval. Inspire is designed to offer additional revenue streams to bicycle-sharing programs through the use of carbon offset credits. It is first  methodology explicitly designed for sustainable transportation to be submitted to the program.

"The Inspire software represents an entirely new way of generating cash flow for bike-sharing projects," said Jason Meinzer, COO and co-founder of CityRyde. "Furthermore, the methodology behind it is scalable to uses beyond bike sharing, and we look forward to developing it further in the interest of bringing funding to more sustainable transportation projects."

Have a look at the video . . .

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