NEW YORK, NY, Sept. 19, 2023 (GLOBE NEWSWIRE) — Interested in solving some of the biggest challenges facing humanity? Starting today, young people ages 11 to 24 can compete for cash prizes at the annual World Series of Innovation (WSI), presented by nonprofit educational organization Network for Teaching Entrepreneurship (NFTE) and Aramco.
Prizes range from $300 to $1,500 and challenges focus on promoting the UN Sustainable Development Goals. Eligible teams and individuals from around the world can register at innovation.nfte.com.
Each year, WSI unlocks the potential of young visionaries, empowering them to embrace their inherent creativity and become architects of change. NFTE believes that the entrepreneurial mind is well equipped to devise solutions to sustainable development challenges, from hunger and social justice to climate change. In addition to presenting creative solutions to preserve our future, thousands of WSI competitors will develop an entrepreneurial mindset and practice design thinking skills.
“Encouraging entrepreneurship and innovation among our young people is very important for Aramco. By challenging young minds to think about topics like sustainability and socially responsible economic growth, the NFTE and engaging programs like the World Series of Innovation are developing future business leaders and teaching them how to find solutions.” said Feda Al-Tuwaijri, director of corporate citizenship at Aramco.
Dr. JD LaRock, President and CEO of NFTE, adds: “Past NFTE Innovation World Series competitions have shown us that students are showing us adults the way forward to solve the world’s most pressing challenges.” world: from a company that recycles algae for use in construction to materials, to a platform that provides accessible financial education, to a solution that uses satellite data to make connections between climate change, mosquito populations and disease outbreaks . “The young people taking part in this year’s competition will do even more to drive innovation.”
Every fall, NFTE announces a new set of WSI challenges in preparation for Global Entrepreneurship Week. The robust global competition concludes on December 11 and winners will be announced on April 15, 2024, during World Creativity and Innovation Week.
This year’s six online challenges will promote the following UN Sustainable Development Goals (SDGs):
- SDG 3, Good health and well-being
- SDG 8, Skills for success: Citi Foundation
- SDG 11, Connected Cities: aramco
- SDG 15, Biodiversity
- SDG 13, Subscription Economy: Zuora
- SDG 16, inclusive AI: Ernst & Young LLP (EY USA)
Learn more about the latest set of NFTE WSI Innovation Challenges, sponsoring organizations, and prizes on offer at Innovation.nfte.com.
See some of the winning entries from previous challenges at innovation.nfte.com/results.
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For media inquiries regarding NFTE, please contact Vanessa Hsia at 929-551-3813 or vanessa@thetascgroup.com; or Denise Berkhalter at 917-281-4362 or marketing@nfte.com.
About NFTE
Network for Teaching Entrepreneurship (NFTE) ignites the entrepreneurial mindset with unique learning experiences that empower students to own their future. NFTE, a global nonprofit organization founded in 1987, provides high-quality business education to middle school, high school, and post-secondary students. NFTE brings the power of entrepreneurship to students regardless of family income, community resources, special needs, gender identity, race or ethnicity. NFTE has educated more than one million students, delivering our programs in school, out of school, in-person, online, or through hybrid models. Visit nfte.com for more information.
About Aramco
Aramco is a global integrated energy and chemicals company. We are driven by our fundamental belief that energy is opportunity. From producing approximately one in eight barrels of the world’s oil supply to developing new energy technologies, our global team is dedicated to making an impact in everything we do. We focus on making our resources more reliable, more sustainable and more useful. This helps promote long-term stability and growth around the world. www.aramco.com
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Young people ages 11 to 24 can now register for the annual World Series of Innovation
