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 Monday, May 17 2021 11:38

HSBC and Ashoka Joint Green Skills Innovation Challenge Launches in Armenia

HSBC and Ashoka Joint Green Skills Innovation Challenge Launches in Armenia

ArmInfo.HSBC in partnership with Ashoka (international organisation that promotes social entrepreneurship) launched the first of its kind Green Skills Innovation Challenge. This global innovation competition is open to social entrepreneurs across 51 countries including Armenia.

It will award 15 social entrepreneurs with a cash prize of up to $20,000. In addition, the winners will have the opportunity to be mentored by experts of HSBC and Ashoka on how to scale their innovation.

Challenge overview: HSBC and Ashoka are looking for social entrepreneurs who are equipping those most in need of opportunity with green skills to thrive, aimed at ensuring that the transition to a green economy benefits all. The challenge is available to general entrants and youth-led entrants.

HSBC and Ashoka are searching for changemakers that:

  • help those previously excluded from economic opportunity to gain the skills needed to find employment in growth sectors of the Green Economy.
  • help communities currently entrenched in environmentally harmful jobs transition to green jobs.
  • find innovative ways to prepare young people to find careers in, and ultimately become leaders of the green economy.

 

Аt least three of the 15 prizes will be awarded to youth-led organisations.

 

Prizes and benefits: The Challenge Team will decide funding amounts awarded to each winner, but broadly there will be two categories: “Most innovative solutions” and “Best early-stage solutions”. Awards in the first category will be granted for solutions with proven models of scaling their impact. Winners will receive a cash prize of up to $20,000 as well as support and mentoring from HSBC and Ashoka on how to scale. Awards in the second category will be granted for solutions with highly innovative ideas which are still at an early-stage. Winners receive a cash prize of up to $15,000 cash prize as well as support and mentoring to help develop their innovation.

The challenge is open until June 5, 3am Armenain time.

For more information and to apply please visit https://challenges.changemakers.com/challenge/greenskills. In case of additional questions please contact HSBC Armenia at 060 655000.


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