The World Bank and the Wharton School invite students and young professionals from around the world to develop innovative ideas for financing and implementing the UN’s Sustainable Development Goals.
Application Deadline:Â 29th February, 2020
Offered annually? Yes
Eligible Countries: All
About the Award:Â Ideas for Action, now hosting its fourth global competition, aims to provide young leaders with a unique opportunity to help shape the global development agenda.
Get Up to $100,000 Student Loan for Your Master in US or Canada - Apply before 31 December 2024 to get as low as 9.99% interest rate
Past winning proposals include a peer-to-peer hyper local approach to last-mile delivery in Nigeria, a mobile platform that allows users to inform themselves and alert others of traffic and security problems in real time, and a novel microinsurance product for remittance payments in India.
Selection/Eligibility Criteria:
- Teams must consist of two to six members and may be formed across different schools, institutions, companies, countries, nationalities etc.
- Students and young professionals between the ages 18 and 35 from around the world are invited participate.
- Teams must register at www.ideas4action.org prior to submitting their proposal. Once registered, teams will receive additional materials to help them prepare their proposals.
- Submission requirements can be found on the website.
Number of Awardees: 10 teams
Value of Scholarship:Â 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 networking opportunities with experts from international development, academia, and the private sector.
How to Apply: Proposals must be submitted in Microsoft Word or PDF format using the SurveyMonkey link below.
Your proposal should include the following:
- Title and team name
- Short abstract
- Explanation of the problem and context:Â Briefly describe the problem that your proposal is addressing.
- Your solution:Â Succinctly describe your idea (including design, target population, stakeholders, incentives, and implementation)
- Expected impact:Â Why is it relevant?
- Are there similar examples? If so, where and how?
- Challenges:Â What are challenges you might face and how can they be addressed?
Visit Program Webpage for Details
Award Provider: World Bank Group, Wharton School at the University of Pennsylvania.
