"The World Series of Innovation is a global event and a great part of Global Entrepreneurship Week that offers all young people the opportunity to address real-world challenges,” said Shawn Osborne, President and CEO of NFTE.
New York, NY (PRWEB) November 19, 2015
Network for Teaching Entrepreneurship (NFTE) today announced that the World Series of Innovation (WSI), the annual, corporate-sponsored, global innovation challenge, drew 825 international entries, from over 1800 students from nine nations.
World Series of Innovation, a signature program of Global Entrepreneurship Week (GEW), invites teams of students worldwide to think big about new businesses, products, or services. Real companies pose real problems, and thinkers age 14–24 propose innovative solutions. It is organized annually by Network for Teaching Entrepreneurship (NFTE)—an international nonprofit that activates the entrepreneurial mindset in youth and builds their knowledge about business startup, with a focus on under-resourced communities.
"The World Series of Innovation is a global event and a great part of Global Entrepreneurship Week that offers all young people the opportunity to address real-world challenges,” said Shawn Osborne, President and CEO of NFTE. "Every year we see so many creative product ideas and solutions, and it is exciting to see that spark of entrepreneurship—to see more and more young people around the world viewing themselves as innovators and problem solvers and understanding that their ideas have real relevance.”
The sponsoring organizations posing Innovation Challenges this year are Microsoft, GoDaddy, Coca-Cola, Pitney Bowes Foundation, MasterCard and IFRC. Judges from these organizations will select three finalists in each category, from which one winning team will be named the Adjudicator's Choice. In addition, the public will have a chance to cast online votes—and through popular vote in late January 2016, one team from each category will be named the People's Choice winner. These winners each receive $2,000 in cash and prizes and $500 for their school or youth-serving organization. Winners will be announced February 2, 2016.
The 2015 World Series of Innovation offers challenges in six categories:
Microsoft School Improvement App Challenge: Design a fun and useful tablet or smartphone game or app for student use that is relevant to school or education.
GoDaddy Business Builder Challenge: Design an innovative tablet or smart phone app that connects small businesses and young entrepreneurs from around the world.
MasterCard Safe & Secure Digital Payments Challenge: Design a product that allows small business owners to accept payments in a “safe and secure” way.
Pitney Bowes Mentor Momentum Challenge: Create an app that helps young people find or become mentors for others in their community.
IFRC Volunteer for Change Challenge: Create a unique tablet or smart phone app that promotes volunteerism for a more caring society and a better world, and convert your energy into impact.
Coca-Cola Bottled Water Brand Challenge: Develop a new and innovative brand of bottled water.
Global Entrepreneurship Week is November 16–22, 2015, and is the world's largest celebration of the innovators and job creators who launch startups that bring ideas to life, drive economic growth, and expand human welfare.
For more information on World Series of Innovation, please visit: http://innovation.nfte.com/. To amplify this message through social media channels, use the hashtag #WSI.
For more information on Global Entrepreneurship Week, visit: http://www.gew.co/
About Network for Teaching Entrepreneurship (NFTE)
NFTE has taught and inspired more than 600,000 young people to pursue educational opportunities, start their own businesses, and succeed in life since our founding in 1987. By providing entrepreneurship education programs relevant to the real world, NFTE empowers students to own their education and future success. NFTE has programs in 23 locations in 10 countries. To learn more, visit http://www.nfte.com, like NFTE on Facebook at http://www.Facebook.com/NFTE, or follow us on Twitter at @NFTE.