BUSINESS

ANDAN FOUNDATION ANNOUNCES INNOVATION IN REFUGEE INCLUSION AWARD WITH MIT SOLVE

17/07/2024 03:19 PM

KUALA LUMPUR, July 17 (Bernama) -- Andan Foundation in collaboration with MIT Solve of the Massachusetts Institute of Technology (MIT), has announced this year’s Andan Prize for Innovation in Refugee Inclusion.

According to a statement, the award seeks to promote solutions that advance the economic, financial, and political inclusion of refugees within their hosting communities.

The US$50,000 Andan Prize for Innovation in Refugee Inclusion is awarded every year to the most promising solutions that address the needs and challenges of refugees. (US$1=RM4.67)

It is also aimed at supporting innovative approaches that foster integration, empowerment, and sustainable development for displaced populations.

MIT Solve launches open calls for exceptional and diverse solutions to the most pressing global challenges, from anyone, anywhere in the world, in which selected innovators get the backing of MIT and their community of supporters to scale impact and drive lasting change.

Andan Foundation, Swiss-based humanitarian non-profit organisation, is looking for solutions that focus on economic inclusion and livelihoods that develop technologies and business models that create sustainable economic opportunities for refugees and displaced populations.

It also seeks for solutions to expand affordable financial services for underserved communities and enhance economic growth, as well as solutions to empower marginalised communities by addressing voter suppression and lack of representation.

Prize winners will be announced at the Solve Challenge Finals on Sept 23 during the United Nations General Assembly Week in New York City.

-- BERNAMA

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