Durham has been named one of 20 finalists in Bloomberg Philanthropies $9 million Mayors Challenge.

The competition will award $5 million to the city that proposes the most innovative idea to solve a problem in its city. Four other cities will receive prizes of $1 million.

High Point was the only other North Carolina city to be a finalist for the awards. To submit an application a city had to have more than 30,000 residents.