A new mathematical contest has just been announced by mathematical problem solving company eBourbaki. eBourbaki's mission is to solve the world's mathematical problems using contests to inspire innovation and creativity. They seek to help companies and organisations become more effective by facilitating creative mathematical solutions to optimisation problems by:

• addressing some of today's greatest public-goods challenges,
• encouraging mathematical talent by directing it towards relevant applied modelling problems,
• improving mathematics engagement and education by working with teachers and professors to integrate eBourbaki contests into academic curricula,
• and collaborating with clients to formulate soluble problems and then to interpret the solutions that grow out of contests for implementation.

The new contest is entitled Bicycles in London. London faces serious transportation challenges. With congestion charges on the rise and increased awareness of the environmental impact of many forms of commuting, cities are turning to bicycle stations to ease traffic, reduce pollution, improve parking, and enhance a green-friendly image. Last summer, Paris joined the ranks, instituting a city-wide network of high-tech low-cost rental bicycle stations. The contest asks the question: if London were to embrace this concept, how would it best go about doing so? Where should the bike stations go? How many bikes at each station?

The contest will run May 5-12 2008 and full contest details, including a detailed problem statement, will be available on the website at the start of the contest. Winning solutions will be presented to the Mayor of London with the hope that students' recommendations will guide the way to helping London become a more liveable environment. The winning team will receive a prize of £1000.

The competition is open to UK students only, and students of mathematics, computer science and engineering are encouraged to enter. Participation requires contestants to register with the eBourbaki. Stay tuned to the website for contest rules and guidelines.