Thursday
October 19
2017

Press release: MIT’s Inclusive Innovation Challenge awards over $1 million to organizations harnessing technology to create greater economic opportunity for workers

The MIT Initiative on the Digital Economy has awarded over $1 million in prize money in its second annual MIT Inclusive Innovation Challenge (IIC) in recognition and celebration of for-profit and non-profit organizations using technology to improve economic opportunity for base- and middle-level income earners.

Held yesterday evening in Boston during HUBweek, IIC’s Gala Celebration featured such luminaries as Eric Schmidt, Executive Chairman of Alphabet Inc, and Mignon Clyburn, Federal Communications Commission (FCC) Commissioner, among others.

Approximately 1,000 organizations from around the world competed in the Challenge. Nearly 160 expert core judges reviewed the applications. The top 16 scoring competitors – all of which are inventing a more inclusive, productive and sustainable future for the global workforce -– advanced to a Champion Committee, which selected four grand prize winners.

Image courtesy of Chris Potter.

Source: Press release (link opens in a new window)

Categories
Technology
Tags
events and competitions, global development, innovation, MIT, social impact, technology