Funding brief: Ideas for Action provides students and young professionals from around the world with a unique opportunity to help shape the international development agenda and to take an active role in changing the world.
A joint program of the World Bank Group and the Zicklin Center for Business Ethics Research at the Wharton School, Ideas for Action is a knowledge platform connecting young leaders all around the world who are passionate about the future development of our world.
They host an annual competition during which youths from around the world design ideas for financing the UN’s new development agenda. The competition acts as a catalyst to spark global conversation among millenials and seeks to encourage them to contribute their own voice to the development conversation.
Innovative Ideas: Developing innovative ideas that positively shape both the policy and business ecosystem, thus providing an enabling environment where novel ideas can flourish and a too narrow focus on “business plans” can be avoided.
Policy-Making: Influencing leading development, public policy, and business leaders so that they can make more informed decisions that also reflect the inspiration and dedication of young people and their leadership and entrepreneurial spirit
Implementation: They strive to move from innovative ideas to actionable solutions. They seek to develop scalable partnership models in the fields of entrepreneurship, finance, development economics, technology, health, education, and environment.
Community: Providing young leaders from around the world with access to knowledge, networking opportunities, mentorship, opportunities to connect with like minded youths, a dedicated incubator, and potential financing opportunities.
Criteria The first round of submissions will be evaluated according to how well teams demonstrate the following 4 attributes:
● Significance: teams should be specific enough that they can go into some level of depth, but significant enough that it impacts a large number of people and/or businesses and nations.
● Originality and creativity: teams should present a solution that is original and creative; submissions should present ideas that are either undeveloped or severely underdeveloped in international development research and literature.
● Feasibility: teams should include a brief ‘roadmap to adoption’ that argues for the feasibility of the solution and addresses any obvious roadblocks; all submissions should be actionable and measurable; they should also be based in practicality rather than just theory. Teams are encouraged to tie their submissions to a particular country or region of the world.
● Clarity: teams should present their idea in a clear and concise manner.
Donor Name: Ideas for Action Competition
Funding name: No specific fund name
● Application Submission: Application portal launches October, 2018
● Deadline: Tentative deadline: February, 28th, 2019 at 11:59PM (PST)
Funding details link: Click to view
Funding limit: The finalists and winners will be selected by a panel of academics and experienced development professionals from public and private sector institutions. Winners of the competition get the opportunity to:
● Present their ideas at an event during the Annual Meetings of the IMF and the World Bank Group,
● Receive support from a project incubator at the Wharton School, and
● Benefit from unique capacity development and networking opportunities with experts from international development, academia, and the private sector.
Special Notes: Please contact with the donor directly for further clarification and understanding.
Project start date: Not found
Project duration: Not found
Eligible organization: As below
Eligibility: Students and young professionals between the ages of 18-35 years from around the world are invited to participate.
Eligible Country: No country bar found (Open to all regions)
Submission mail: Not found
How to apply: Interested applicant may apply through the website (Click to view).
● Team Registration: Teams must consist of two to six members and may be formed across different schools, institutions, companies, countries, nationalities, etc. We recommend that all teams register and sign up for updates below to receive the latest information on I4A programs and events leading up to the competition deadline.
● All appropriate information must be cited.
● The submission should be sent in one of five accepted languages: English, Spanish, Portuguese, French, or Arabic. All submissions completed in a language not listed above will be disqualified.
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