FOR IMMEDIATE RELEASE: SkillSmart Selected for 2017 MIT Inclusive Innovation Challenge
August 16, 2017
SkillSmart has been selected as a finalist in the 2017 MIT Inclusive Innovation Challenge, sponsored by MIT’s Initiative on the Digital Economy, which is awarding over $1 million to tech-driven organizations that are reinventing the future of work.
This year’s award categories are Skills Development & Opportunity Matching, Income Growth & Job Creation, Technology Access, and Financial Inclusion. Nearly 160 expert Core Judges scored and commented on each completed application assigned to them. The 16 top scoring Finalists will advance to the Champion Committee, who will select four Grand Prize Winners to each receive $150,000. The remaining 12 Finalists will each receive $35,000. On October 12, 2017, the IIC will announce and celebrate the Winners at a gala event at HUBweek.
Finalists are using technology today that reinvents work and creates economic opportunity for people below the top rung of the economic ladder; these finalists are currently enhancing shared prosperity through their product or service. Both for-profit companies and non-profit organizations have been chosen for the 2017 MIT Inclusive Innovation Challenge.