JPMorgan Chase's AdvancingCities initiative is a five-year, $500 million plan for investing in rising cities around the world. It announced the winners of its first contest for $3 million over three years: Chicago, Louisville, Miami, San Diego, and Syracuse. The money will go to coalitions of nonprofits that are working with local and state governments. This article is part of Business Insider's ongoing series on Better Capitalism. Visit BusinessInsider.com for more stories JPMorgan Chase's ambitious five-year, $500 million AdvancingCities plan has moved to five more cities.