Five Minutes to Change the World
MasterCard and the Singapore National Committee for UN Women have team to create an initiative to inspire 18 to 35 year olds to share their visions for creating a better world for disadvantaged women and children in the Asia/Pacific, Middle East and African regions.
The initiative, called Project Inspire, asks individuals and teams to submit 5-minute videos or 2-page outlines of their life-changing ideas to www.5minutestochangetheworld.org. The entries must also include practical ideas on how the submitters would utilize a US$25,000 grant to implement their ideas.
With statistics showing that 70% of the world's poor are women, and 65% of the estimated 780 million people who cannot read are women, Project Inspire aims to develop ideas and momentum to support the empowerment of women across the globe.
Two winners will be chosen. One will receive a US$25,000 grant for the best economic empowerment, skills development, financial inclusion, health, or social entrepreneurship idea. A second will receive US$10,000 as a grant to implement the best financial literacy or livelihood project.
Submissions for Project Inspire open on March 8th, in conjunction with the 100th International Women's Day, and close on June 30th.