FAQ
Table of Contents
Who can apply to the Future of Work in India and Indonesia Challenge?
How are we CrowdSolving the Future of Work in India and Indonesia Challenge?
What type of solutions will be accepted to the Future of Work in India and Indonesia Challenge?
How will my solution be evaluated?
What is the Challenge Timeline?
What will I receive if my solution is selected?
Who can apply to the Future of Work in India and Indonesia Challenge?
This Challenge will be open to anyone from around the world who would like to contribute solutions that will meet the demands of the workforce of the future in India and Indonesia. Solutions must be:
- Currently deployed or have the potential to be deployed in India and/or Indonesia.
- At least at the prototype stage (at a minimum, solutions need to have a working, tested prototype).
If you have a relevant solution, we hope you’ll apply!
How are we CrowdSolving the Future of Work in India and Indonesia Challenge?
- Sourcing Solutions: Anyone who meets the criteria above can participate in this Challenge and submit a solution. Whether you’re working on a prototype or scaling your program or product, we’re looking for innovators and entrepreneurs with the most promising solutions who can have an impact in India and Indonesia.
- Selecting Solutions: Once the submission deadline passes, judging begins. After an initial screening by Solve staff and community reviewers, Challenge judges will select the most promising solutions as Finalists. These Finalists will be invited to pitch their solutions at a pitch event, where judges will then select the winners.
What type of solutions will be accepted to the Future of Work in India and Indonesia Challenge?
Solution applications must be written in English. This Challenge considers solutions at least at the prototype stage of development.
- Prototype: A venture or organization building and testing its research, product, service, or business model.
- Pilot: A project, initiative, venture, or organization applying its research, product, service, or business model in at least one context or community.
- Growth: An initiative, venture, or organization with an established product, service, or business model rolled out in one or, ideally, several contexts or communities, which is poised for further growth.
- Scale: A sustainable project or enterprise working in several contexts, communities or countries that is looking to scale significantly, focusing on increased efficiency.
The most important thing is that your solution addresses the focus of the Future of Work in India and Indonesia Challenge. Through open innovation, this Challenge is looking for a diverse portfolio of solutions across stages of development and teams. We believe that there is no one solution to the world’s most complex challenges—and encourage people of all backgrounds to submit their applications.
How will my solution be evaluated?
The judging panel for this Challenge will be comprised of leaders and experts from across industries. After an initial screening by Solve staff and community reviewers, the judges will score the screened solutions based on the following criteria. All criteria will be given equal weight:
- Alignment: The solution accurately addresses the Future of Work in India and Indonesia Challenge prompt.
- Potential for Impact: The planned solution implementation has the potential to directly impact lives in India and/or Indonesia.
- Feasibility: Solution implementation is feasible and realistic, and the team has a plan for financial sustainability.
- Innovative Approach: The solution includes a new or significantly improved approach to address the Challenge that’s not been done before.
- Human-Centered Design and Inclusion: The solution is designed with and for underserved communities; the solution team demonstrates proximity to the community and culture they are serving in India and/or Indonesia, and embodies and addresses diversity, equity, and inclusion through their solution.
- Scalability: The solution can be scaled to affect the lives of more people in India and/or Indonesia.
- Partnership Potential: The applicant clearly explains how the solution would benefit from the resources that the Caterpillar Foundation and MIT Solve is positioned to provide.
What is the Challenge Timeline?
- August 24, 2021: Challenge Opens
- December 10, 2021: Deadline for Applicants to Submit a Solution
- February 2022: Finalists Announced
- April 2022: Pitch Event for Finalists
- May 2022: Winners Announced
What will I receive if my solution is selected?
Finalists will be invited to a pitch event to present their solutions in front of distinguished judges. A total pool of $395,000 in prize funding is available for selected winners of the Challenge. In addition to funding, each Challenge winner will participate in a six-month tailored support program run by MIT Solve and the Caterpillar Foundation that will include:
A comprehensive needs assessment to determine what resources and support are most appropriate in order to accelerate your impact;
- Access to a network of resource partners, mentors, and coaches across industries and sectors;
- Learning and development modules aimed at refining your business model, theory of change, and plans for scaling;
- Participation in Solve’s annual flagship Solve at MIT event (held in May each year);
- A monitoring and evaluation track to support in building an impact measurement practice; and
- A peer-to-peer network to build a community of practice with dedicated spaces to convene throughout the duration of the support program
