MIT Solve Opens Applications for Global Economic Prosperity Challenge

MIT Solve Opens Applications for Global Economic Prosperity Challenge

In a bid to harness the potential of technology in advancing peace and prosperity globally, MIT Solve has opened applications for the Global Economic Prosperity Challenge.

The challenge addresses the critical link between peace, stability, and economic well-being, emphasizing the role of technology in mitigating conflicts and supporting inclusive economies.

The Need for Tech-Driven Solutions

Recognizing the inherent connection between peace and economic prosperity, MIT Solve underscores the escalating risks posed by conflicts, economic shocks, and disparities in the contemporary world.

With widespread displacement, informal employment, and technological disruptions, the imperative for innovative solutions is more crucial than ever.

Eligibility Criteria

MIT Solve is actively seeking exceptional solutions that leverage technology to enhance peace and prosperity.

The focus for 2024 centers on solutions that promote community dialogue, civic participation, financial inclusion, and economic opportunities for workers.

The call includes addressing cyber threats, misinformation, and polarization, as well as ensuring privacy and personal data security.

Awards and Recognition

Several awards are up for grabs, including the MIT Solve – Solver Award, The GSR Foundation Prize, Morgridge Family Foundation AI Innovation Prize, and The AI for Humanity Prize.

These awards aim to recognize and support outstanding solutions that align with the challenge’s objectives, offering grants ranging from $10,000 to $150,000.

Application Deadline: April 18, 2024

Interested participants can apply for the MIT Solve Global Economic Prosperity Challenge until April 18, 2024.

The challenge emphasizes the ethical design and implementation of technology as a fundamental aspect of building and sustaining peaceful communities and inclusive economies.

How to Apply

For those eager to contribute to global peace and prosperity through technology, the application process details can be found here.”

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