The Asian Development Bank and Asian Institute of Management offers a Hackathon in 2020 to address the COVID-19 crisis that has wiped out trillions of dollars from the worldâ€™s economies.
The COVID-19 pandemic has wiped out trillions of dollars from the worldâ€™s economies. Most industries have been hit heavily and unemployment levels are unprecedented. The lower-income groups, including daily wage earners and informal sector workers, are facing even greater burdens than before COVID-19 due to gaps in digital skills and access issues. The challenge faced by the world is how to bring economic activity back.
The pandemic has led to the widespread use of online meetings, collaboration, and project or workload management platforms for some companies. While available and at least partially adopted by many before COVID-19 crisis hit, few sectors or entities could claim purely remote operations, which, barring a few industries deemed essential, is now the norm.
If you have a breakthrough idea under a theme or a solution to one or more of the challenges below, register now!
Nowcasting the Economic Impact of COVID-19 â€“ Big data solutions to track the real-time economic impact of COVID-19.
Earth Observation Data Challenge â€“ Earth observation data to monitor the economic activities in select countries in Asia
Digital Technology to Increase Credit Access for MSMEs â€“ Increase credit access of MSMEs by exploring alternative credit scoring mechanisms to create a better picture of creditworthiness of entrepreneurs in a post-COVID-19 world.
The challenges are open to startups, students, ADB employees and the general public around the globe, tackle one or more of 3 exciting new challenges each with their own individual themes.
Worth of Award
- Win USD 10,000 for pilot testing chosen solutions
- Connect with ADB experts and pitch to ADB leaders.
- Gain ADB support to undergo incubation and access funding sources to implement solutions.
How to Apply
- Submit your application through the form online, by the deadline.
Deadline:Â Apply online byÂ June 30, 2020.