Teams of 2-3 young people will select an innovation prompt and come up with a new, unique, innovative way to address that challenge. The idea is to create and illustrate a solution that can be used by other students anywhere in the world. The challenge is meant to encourage collaboration, so individual submissions (teams of 1) will not be accepted.
Schools, teachers, students and partner organizations can download a basic toolkit for the challenge that includes curriculum and a set of activities designed to encourage creativity and innovation in preparation for the challenge. We recommend using at least 90 minutes to prepare for the challenge and at least another 90 minutes for brainstorming and completing the online process. Of course, more time spent will result in a more complete submission!
Completed submissions are due by April 14, 2016, at 9:00 PM Eastern Standard Time. A panel of judges will select the top 6 submissions in each challenge category. Finalists will then be given a short time to film themselves presenting their solution for our final judging round.
From those top 6 submissions with video, 3 category finalists will be chosen by a committee of elite judges from The Moody’s Foundation. Those top 3 finalists will go head-to-head in a public online vote. There will be 2 winning teams per challenge: the "Adjudicators' Choice" selected by The Moody’s Foundation judges, and the "People's Choice", chosen by popular vote through our online voting platform.
The 2 winning teams from each challenge will receive a prize of $5,000 to share, and a prize of $500 for their school or other non-profit youth serving organization. If a winning team is not affiliated with a school or non-profit youth serving organization, that portion of the prize will be donated to a school or non-profit 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. 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.
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.