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  • JPM - Empowering Minority Entrepreneurs

This Challenge is completed

JPM - Empowering Minority Entrepreneurs

JPM - Empowering Minority Entrepreneurs
  • Completed
  • Completed
prize pool 850 USD

OTHER CHALLENGES

OTHER CHALLENGES

Apr 01 - Jul 31, 2021 23:59 HST
Voting: Aug 01 - 31, 2021 23:59 HST
New York
  • CMD-IT
  • INCLUSION
  • CMD-IT
  • INNOVATION
  • DIVERSITY
  • BUILD
  • About the challenge
  • How to submit
  • Rules
JPM - Empowering Minority Entrepreneurs
  • About the challenge
  • How to submit
  • Rules

Welcome to JP Morgan Empowering Minority Entrepreneurs

JP Morgan has a long standing in the banking industry and providing financial products to people around the world. They want you to join in this Social Good Challenges!


  • Financial Literacy
  • Best Hack for Empowering Minority Entrepreneurs
  • Financial Capability of Students


Minorities often face unique challenges as entrepreneurs and small business owners. Some of these challenges include defying social expectations, gaining access to capital, being part of business networks, finding a community of like-minded mentors, and knowledge of how to effectively and strategically partner with local government.


Develop a web or mobile app that would help increase the number, capability, or capacity of minority entrepreneurs and small business owners. If you are looking for some ideas, you can consider one or more of the following questions:

  • How can local business associations and local government better reach and encourage first-time minority entrepreneurs and small business owners?
  • How can we create a community among minority entrepreneurs and small business owners so they can share best practices, resources, and mentorship opportunities with each other?
  • How can minority entrepreneurs more easily know if they qualify for special funding and resources from local government or business councils?
  • How can cities experiencing growth in economic development better spread the word about small business opportunities, particularly to minority entrepreneurs?
  • How can governments, venture capitalists, banks, and other financial institutions better support minority entrepreneurs and small business owners with access to capital?


Eligibility


Students, Faculty, Researchers, Industry Professionals, Entrepreneurs and Techies are all Welcomed!


  • You must be a resident of The United States of America (including Puerto Rico and Territories)
  • You must have a team of 3-5 people. At minimum 3 members on your team, but no more than 5 members.
  • We encourage diverse teams that foster innovative thinking and ideas. CMD-IT supports 4 target groups: Black/African Americans, Hispanics/Latinos, Native American/Indigenous and People with Disabilities. Be inclusive.
  • Include team members from another school, or another company or from a different background.


Applications Open February 1, 2020!


Prizes

First prize winners receive Bose headphone (250$).

Tapia Conference Pass for 1st 2nd and 3rd winner: https://tapiaconference.cmd-it.org/

Bose Sport Open Earbuds Review | PCMag


Prizes

1

Tapia Conference + Bose Headphones

Conference Pass + Student Workshop + Headphones market value $500
  • Tapia Conference Pass & Student Professional Development Workshop.
  • Bose headphones.
  • Shoutout on our website and social media channels.
2

Tapia Conference

Conference pass + student worshop market value $250
  • Tapia Conference Pass & Student Professional Development Workshop.
  • Shoutout on our website and social media channels.
3

Tapia Conference

Conference Pass market value $100
  • Tapia Conference Pass.
  • Shoutout on our website and social media channels.

Community Choice Award

Our swag bag
  • Shoutout on our website and social media channels.

May 5, 2021

Ackowledgement
  • Shoutout on our website and social media channels.

Digital Certificate

Digital Certificate
  • Shoutout on our website and social media channels.
Schedule

Registration

February 1, 2020
Registration Opens

Work submission phase

March 1, 2021
Work submission phase start
May 31, 2021
Last day to Submit your Work

Voting Phase

June 1, 2021
Judging starts
June 1, 2021
Community Voting Starts
June 15, 2021
Industry Judging Ends
June 30, 2021
Community Voting Ends

Reasons to participate

  • You want to solve a problem right in your own community
  • An opportunity to present your idea
  • Collaborate with others
  • Learn from others and contribute to a solution
  • Have fun designing a solution

How to submit

  • Create your account on Challengerocket.com

  • Click "I want to participate"

  • Think about a problem you want to solve

  • Form your team or go at it solo

  • Submit your work. Deadline May 31, 2021

  • Community Choice June 1 - 30, 2021

  • Winners Announced August 2, 2021


Judging criteria

Projects will be judged based on the following criteria:

Impact
How well does the solution address the challenge or problem?
Innovation & Creativity
How creative is the solution? Does it bring new ideas and approaches to solving the problem?
Completeness of Solution
Is the solution finished? Does it work? If not, is there a roadmap for future enhancements?
Sustainability
Is the solution sustainable within the context of the community it’s aiming to impact?
Design
Is the solution well thought out and designed?

Get inspired

  • Financial Literacy

    • With two billion unbanked people around the world (8.4 million unbanked U.S. households, or about 14.1 million adults), there is an urgent need to expand financial literacy. Whether it’s understanding basic financial products such as loans, mortgages, and
  • Best Hack for Empowering Minority Entrepreneurs

    • Minorities often face unique challenges as entrepreneurs and small business owners. Some of these challenges include defying social expectations, gaining access to capital, being part of business networks, finding a community of like-minded mentors, and k
  • Financial Capability for University Students

    • In a 2015 study, 25 percent of university students in the United States gave themselves a D or an F in how successfully they manage their money. Finances are one of the main reasons students don’t complete college. Develop a web or mobile app that helps y
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