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Citi And Ashoka’s Changemakers Seek Financial Solutions That Promote Social Change |
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Written by News watch
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Monday, 11 August 2008 |
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Citi and Ashoka has launched the Changemakers Competition "Banking on Social Change: Seeking Financial Solutions for All," a worldwide search for financial-service projects that use the transformative power of innovation and skills to achieve real economic and social change. The competition is designed to reach the world's entrepreneurs and challenge them to use their substantial talents and commitment to providing financial services for all. The objective is to channel the collective energy of entrepreneurial ideas and skills as a means for creating economic and social change worldwide. Nominations are encouraged from the global community by September 26th, 2008. Innovators must submit their entries by October 1, 2008. All entrants will be provided with exposure to new ideas, the opportunity to promote their solutions, and a wide range of access to collaborative partners and investors. A panel of judges, comprised of leaders from media, finance, social enterprise, corporate and academic sectors will select the 12 finalists. These top innovations will then be profiled on the Changemakers' website where the online community will vote to select the three winners. Entries received before August 15th will be eligible to win an early entry prize of a camcorder and digital camera worth US$1,000.
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