In Novermber 2012, IBM announced that Knoxville had been selected for a Smarter Cities Challenge grant. Launched in 2011, the IBM Smarter Cities Challenge is a three-year, 100-city, $50-million competitive grant program. The program, which is IBM's single-largest philanthropic initiative, assigns a team of six top IBM experts to each winning city to study a key issue identified by the city's leadership. The grant provides consulting services valued at $400,000. The Smarter Cities Challenge is sponsored by IBM's Corporate Citizenship program and IBM's International Foundation. IBM has been a leader in corporate social responsibility and citizenship for more than 100 years.