About the IIC
The IIC awards over one million dollars in prizes to global entrepreneurs in four categories that holistically represent the solution types necessary to reinvent the future of work.
Skill Development & Opportunity Matching
Income Growth & Job Creation
We seek applications from early and growth stage start-ups, and entrepreneurial organizations that are:
- Using technology to reinvent work and create economic opportunity for working people below the top rung of the economic ladder.
- Demonstrating traction and impact and enhancing shared prosperity today. These organizations are beyond the “idea phase”.
- Any age, size, or type (for-profit or non-profit with plan for financial sustainability).
What makes the IIC a “global tournament” in 2018?
The 2018 IIC has two rounds. First, three Regional Winners in each of the four Award Categories will be recognized at Celebration events on their home continents. The first place winner in each Award Category will continue on to the second round of the IIC. These twenty top place finishers (four from each of the five regions) will fly to MIT for the IIC Global Grand Prize Celebration, where one Grand Prize Winner in each Award Category will be announced.
What are the IIC regions?
Regional Winners will be named in North America, Latin America, Europe, Africa, and Asia.
What are the 2018 Award Categories?
This year’s award categories are Skills Development & Opportunity Matching, Income Growth & Job Creation, Technology Access, and Financial Inclusion. (See above for more details.)
What is the prize?
A Global Grand Prize Winner will be named in each of our four Award Categories and will receive a $250,000 prize. Regional Winners will receive financial and/or in-kind prizes as well. Check your IIC Region’s webpage for details.
Are there any guidelines on how the prize purse can be spent?
We expect that the prize money will be invested in the organization, but we do not have any stringent guidelines.
Is my organization eligible to apply to the IIC?
For-profit and nonprofit organizations of any size, age, or type and from any nation are encouraged to apply. Eligible organizations are:
- Using technology to reinvent work and create economic opportunity for people below the top rung of the economic ladder.
- Demonstrating traction and impact. They are beyond the “idea phase” and enhancing shared prosperity today.
What is the difference between the registration deadline and the submission deadline?
Once Registration has closed, registrants will have about two weeks to complete and submit their Applications. Deadlines vary by region. Navigate to the regional page in which you will be applying to view Registration and Application deadlines.
I missed the registration deadline. Can I still apply?
The IIC cannot accept applications from organizations that did not complete their online registration by the deadline in the region in which they are applying. Online applications not completed and submitted by the regional submission deadline will also not be accepted.
Can I apply as an individual?
No. The IIC is open to for-profit and nonprofit organizations only.
Will my application be made public?
Your answers to the “Your Quick Pitch” and “Your Executive Summary” application questions may be shared publicly.
Must I submit a video if I am named an IIC Regional Winner?
Yes. All IIC Regional Winners must submit a three minute (maximum) video that explains their organization’s solution and impact. The video will be used by the Champion Committee to help determine both the four Global Grand Prize Winners.
Can I apply in multiple global regions?
No. Applicants must select one region in which to apply.
My organization is impacting workers in multiple global regions. How do I select the region in which to apply?
You are encouraged to select a region where your work is having the greatest impact, first and foremost. If you are unable to select a region based on this criteria, select the region where your organization is headquartered geographically.
Can I apply in multiple categories?
No. You must select one category. However, the IIC organizing team reserves the right to present you with an award in a different category than the one you originally selected.
I am a registered Applicant but would like to change the Region or Award Category that my organization is applying in. May I do so?
Before submitting your Application, you can easily change the Region or Award Category your organization is applying in within the Application Portal. If you need to change your Region or Award Category after you have submitted your Application, contact us at firstname.lastname@example.org.
Can I complete the application in a language other than English?
All answers must be written in English.