Ideas for Action, a joint program of the World Bank and the Zicklin Center for Business Ethics Research at the Wharton School, is a youth competition centered around financing sustainable development. Every year, students and young professionals from around the world participate to design innovative ideas for financing and implementing the Sustainable Development Goals. The first place winner of 2018 Ideas for Action is MINO Microbubble Technology developed by a team from Gadjah Mada University, which increases dissolved oxygen in water to improve fish farm yields.
Tanoto Foundation and the Wharton School are pleased to be launching the 2019 Ideas for Action Incubator Competition to invite Indonesian students and young professionals to develop and share their ideas for financing solutions to deliver the SDGs. Five competition winning teams will receive mentoring and guidance from Wharton School students, one of world’s premier institutions for instruction in business management. The mentoring will assist the winning teams to further improve their proposals for final submission in the Ideas for Action program. More information about the Ideas for Action program can be found at: www.ideas4action.org/2019-competition.
Selection Criteria
Eligibility for the 2019 Ideas for Action Incubator Competition is based on the following:
Significance: the proposal should be specific enough to 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: solution should be original and creative
Feasibility: the proposal should be actionable and measurable; they should also be based in practicality rather than just theory. Proposals should be tied to particular region in Indonesia.
Clarity: the ideas should be presented in a clear or concise manner.
Registration and Submission
Eligibility: Youth between the ages 18 and 35 are invited to participate.
Team Composition: This is a team competition. Teams must consist of 2 to 6 members and may be formed across different courses, faculties, universities, institutions, and companies.
Registration: Please register your teams at http://bit.ly/I4ARegister prior to submitting your proposal. You will then receive access to resources and research materials that will help you develop your idea. In addition, you will receive all relevant updates and information on the competition and upcoming events.
Submission: After registering the teams, proposals must be submitted to both http://bit.ly/2019I4AIncubatorCompetition for the Incubator Competition and http://bit.ly/I4ASubmit for the 2019 Ideas for Action.
Timeline
Deadline for proposal submissions to both http://bit.ly/2019I4AIncubatorCompetition and http://bit.ly/I4ASubmit by December 31, 2018
Announcement of Ideas for Action Incubator Competition winners for mentoring by Wharton School students: January 14, 2019
Matching and introduction to Wharton School mentors: January 14-20, 2019
Mentoring and guidance for the winning teams by Wharton School students: January 20 – February 28, 2019
Submission of revised proposals of the winning teams for Ideas for Action: February 28, 2019