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The Network for Teaching Entrepreneurship (NFTE) is an international not-for-profit that brings entrepreneurship education programs to schools around the world. Since 1987, NFTE has been inspiring young people to pursue educational opportunities, start their own businesses, and succeed in life. Find out more at www.nfte.com.
Moody's is an essential component of the global capital markets, providing credit ratings, research, tools and analysis that contribute to transparent and integrated financial markets. 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.
It's easy to get involved! Just download the toolkit, pick your innovation category, and start brainstorming. Then just make sure to complete all five sections of the online submission form by the deadline.
Yes! Multiple teams from the same school or program may participate. In addition, adults may serve as the organizational representative for more than one team.
Teams must have 2-3 members. As the challenge is meant to be collaborative, submissions from individual students will not be accepted.
You can spend as much time working on it as you like, but we suggest at least 2 50-minute classes (minimum 90 minutes) be dedicated to toolkit activities and background research, plus 2 more 50-minute classes (minimum 90 minutes) devoted to brainstorming about your innovation and the completion of the submission form.
We highly recommend attending an "Innovation Day", event in which you can get a head start on your submission with the help of local volunteers. The more time you spend on it, the better your submission will be!
The purpose of Innovation Day is to give young people the opportunity to complete the challenge in one day with the help of instructors and volunteers from the community.
Using the Moody's Information to Innovation Challenge toolkit, volunteers and/or instructors will guide a group through the content and experiential activities. After covering the content, volunteers and instructors will work with the students to create teams, brainstorm their new innovative ideas and complete the submission forms online. Contact email@example.com to find out more!
Yes, but remember you must fully complete all 5 sections of the submission form for each idea you submit. Challenges require some time and effort to ensure quality, so make sure not to over-extend yourselves by trying to do too much! Also, if you want to be on more than one team, you must use a different email address for each one.
Sure, so long as there are at least 2 - 3 people on each team, and you can identify one adult as your primary contact person, and one school or organization to receive the prize if you win.
The People's Choice winning team and the Adjudicators' Choice winning team in each category will receive $5,000 for the team members to split, plus $500 for their school or youth serving organization. If a winning team is not affiliated with a specific school or youth serving organization, the $500 will be donated to an applicable organization of their choice. Non-winning finalist teams will receive $1,000 to share, plus a prize of $250 for their school or youth serving organization. Please note, winners will be responsible for paying applicable taxes on all winnings. A portion of prize money must be used to pursue academic or entrepreneurial activities and all winners are required to submit information on how funds will be used.
Prizes will be distributed to the attention of the contact person within 60 days from the announcement of the winners, assuming receipt of winners' contracts and tax identification forms. Winners will be asked to sign a contract and a form indicating that the prizes have been received, and must provide appropriate Tax Identification information if their cash winnings total more than US $300.
Submissions are due on April 14, 2016 @ 9:00 PM Eastern Standard Time. The top 6 will then be asked to record and submit a video of themselves presenting their innovation idea. From those top 6 submissions, a panel of judges will select 3 finalists in each challenge, one of which will be the Adjudicators' Choice. From the final 3, the general public will be encouraged to vote for their favorite innovation in each category between May 27 and June 5. The People's Choice winner will be chosen by the number of valid, individual votes garnered from during the public voting period. The winning submissions will be announced on June 7, 2016.
Your team leader must register online, invite teammates to join the team, and then work together to complete and submit your innovation by the deadline. Your team leader will receive a response confirming that we have received the submission.
No, there is no charge to participate in the Moody's Information to Innovation Challenge.
Every team requires a Team Leader. The leader is the person who first creates an account and establishes the team. That person's email address will be used to contact your team. Each team must also provide a name and contact details for an adult at the school or youth serving organization with which it is affiliated.
Winners will be announced on the website! Your Team Leader and adult contact will also be notified by email.
Most answers to your questions should be easy to find in this toolkit or on this website. To submit a question or comment, CLICK HERE!
Check out NFTE's online resource for young entrepreneurs: www.MakeYourJob.org
Team Leaders must verify their emails in order to submit their Innovations. To resend your verification email, please click "Profile" (click your name), "Manage My Profile" and then click the "Resend Verification Email" link.
Be sure your Team Leader has verified his/her email address. Make sure that all five sections of the submission form have been completed. To resend your email verification, click your "Profile" (click your name) and "Manage My Profile" and then "Resend Email Verification".
The Network for Teaching Entrepreneurship presents the Moody's Information to Innovation Challenge, a fun, experiential activity that allows young people to think creatively and invent new products or services that address common decision making and risk management skills.
All young people aged 14-19 are encouraged to participate to develop their creativity and innovative thinking skills - and win some amazing prizes.