Ashoka Changemakers and Citi are partnering “in the search for innovative and cutting-edge methods that allow financial security to become a reality for everyone” by offering an online challenge titled “Banking on Social Change – Seeking Financial Solutions for All.”
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 due by September 26, 2008, and innovators must submit their entries by October 1, 2008. As an incentive to submit early, entries received before August 15 will be eligible to win an early entry prize of a camcorder and digital camera worth US$1,000.