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ITU Innovation Challenges 2020 Rethinking the digital economy’s value chains during Covid-19

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Deadline: 31 Jul,2020    Next term Starts:: 15 Dec,2020

About

The 2020 edition of the ITU Innovation Challenge will be taking place amid a global pandemic caused by Covid-19. This has resulted in stress on value chains and countries’ readiness for a digital economy, significantly affecting social conditions worldwide. Global supply, production, consumption, and delivery chains are disrupted. Traditional economies are struggling, as industries have not been digitalized and infrastructure is inadequate to cope with current stress levels.

Policy-makers and innovators worldwide are under pressure. Their communities must embrace a digital economy so that a semblance of normalcy can be maintained in these uncertain conditions. Therefore, the overall theme of this year’s challenges is Rethinking the digital economy’s value chains during the Covid-19 pandemic.

The challenge is a global open competition platform for innovators and ecosystem builders to present their ideas and projects, empowering them to transform their communities into thriving digital societies.

 

Eligibility and Criteria

Categories to participate in:

  • Digital change-maker challenge: For innovators with ideas that create a digital impact in their communities.
  • Ecosystem best practice challenge: For ecosystem builders with good practices that nurture an enabling environment for innovators in their communities.
  • Women in technology challenge: For individual women tech innovators and eligible startups with digital projects that create impact for women in their communities.

 

Awards and Benefits

  • Despite massive investment in digital ecosystems, many countries are unable to adapt to the fast-changing digital environment and technological revolutions.
  • As a result, talent is unfulfilled, SMEs are struggling, and the slow digital transformation of communities is affecting social conditions and achievement of national ambitions.
  • There are three main challenges facing countries  and key ecosystem stakeholders (entrepreneurs, entrepreneurial support networks, corporates, financiers, and governments) in integrating ICT/telecommunication innovations in their national development agenda:
  • Scarcity of appropriate policies, programs, resources and knowhow for innovators and digital change-makers to accelerate digital development in their communities;
  • Lack of proper  assessment of the systemic issues of an ICT-centric innovation ecosystem (entrepreneurial ecosystem, technology ecosystem and the innovation ecosystem – three engines of economic growth);
  • And Lack of collaboration between stakeholders of the three engines of growth to create ICT projects that nurture innovation and entrepreneurship.

 

How To Apply

To Apply please click here