“The Moody’s Foundation is an outstanding partner in this engaging opportunity for young people to be challenged to innovate in important areas,” said Shawn Osborne, President and CEO of NFTE.
New York, NY (PRWEB) March 21, 2016
The Network for Teaching Entrepreneurship (NFTE) is now accepting application for the 2016 “Moody’s Information to Innovation Challenge,” an international, online innovation challenge in which young people (ages 14-19) develop innovative solutions to challenges. The program is sponsored by The Moody’s Foundation.
The competition website, which recently went live, is moodysi2i.nfte.com
The Moody’s Information to Innovation Challenge is designed to refine and develop decision-making and risk management skills by giving young people, in teams of two or three, the chance to design an innovative product or service. This year’s competition features two unique tasks and opportunities: The “Health Helper Challenge” asks students to design a mobile application to help them make healthy lifestyle decisions. The “Community Defender Challenge” gives participants a chance to design a survey tool to solve social, environmental or accessibility challenges in their community.
“The Moody’s Foundation is an outstanding partner in this engaging opportunity for young people to be challenged to innovate in important areas,” said Shawn Osborne, President and CEO of NFTE. “This year’s Challenge inspires ingenuity and fuels innovation among youth by empowering them to be agents of change for their neighborhoods and for better health.”
“The ability to apply solutions creatively is a cornerstone of entrepreneurial thinking and helps foster important life and career skills,” said Frances Laserson, President of The Moody’s Foundation. “We are delighted to work with NFTE again and to challenge participants to display their creativity.”
Schools, teachers, students and host organizations can join the Challenge by downloading a toolkit from the Challenge site. Young people who enter will have until April 14, 2016 to submit their ideas.
The top six submissions in each category, as selected by the judges, will be narrowed to three category finalists by a committee of elite judges from The Moody's Foundation. The top three finalists will go head-to-head in an online vote held May 27 – June 5, 2016. Winners will be announced on June 7, 2016.
There will be two winning teams per category: the "Adjudicators' Choice" selected by judges from The Moody’s Foundation, and the "People's Choice", chosen by an online vote. The winning teams in each category will share a prize of $5,000, and a prize of $500 for their school or other non-profit organization. Two runner-up teams will share a $1,000 award, plus a prize of $250 for their school or non-profit organization.
About The Moody’s Foundation
Built on the recognition that a company grows stronger by helping others, The Moody’s Foundation works to enhance its communities and the lives of its employees by providing grants and engaging in community service in local neighborhoods. The Moody’s Foundation, established in 2002 by Moody’s Corporation, partners with nonprofit organizations to support initiatives such as education in the fields of mathematics, finance, and economics, as well as workforce development, civic affairs, and arts and culture. For more information, please visit http://philanthropy.moodys.com
Network for Teaching Entrepreneurship (NFTE)
NFTE is an international nonprofit that activates the entrepreneurial mindset in young people and builds their knowledge about business startup. Students acquire the entrepreneurial mindset (e.g., innovation, self-reliance, comfort with smart risk), alongside business, STEM, and presentation skills—equipping them to drive their best futures in the 21st Century. NFTE focuses its work on under-resourced communities with 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.