Breakthrough Innovation Challenge

Description

Welcome to the Breakthrough Innovation Challenge!

REGISTER ONLINE

Seven companies have defined seven real-life challenges and need your brainpower to help them out. Join the Challenge and be one of eight student teams to engage with leading multinational companies to build sustainable business models and solutions powered by disruptive technologies.

Background

The Breakthrough Innovation Challenge (BIC) is a year-long programme led by the UN Global Compact, which brings together young professionals from leading multinational companies to evaluate disruptive technologies such as Artificial Intelligence, Blockchain, and the Internet of Things, and build sustainable business models addressing the Sustainable Development Goals (SDGs).

Students from Advanced PRME Schools are invited to connect with the participating companies and challenge or support their company teams with an innovative set of ideas and solutions to their company-specific sustainability challenges.

The best student teams will be invited to participate in the UN Global Compact Leaders Summit 2017 and present their solutions on 21 September at the United Nations in New York City

Objectives

  • Provide company teams with an additional source of ideas to support development of solutions to the company-defined challenges 
  • Provide an opportunity where students can give useful and meaningful feedback to help company teams create a solution to the company-defined challenges 
  • Create a learning opportunity for students, which gives them insights into the process of business model innovation and exposes them to top-tier multinational companies

How to Join

  • Form a team of 2 to 3 students (Undergraduate and/or Graduate ideally from different disciplines, e.g. Business Administration, Engineering, Economics)
  • Register your team online and select your challenge by 23:59 on 19 March HERE
  • Submit your response by 23:59 on 19 March to BIChallenge@unglobalcompact.org

Evaluation

Each company will use a point-based system to select one student team to work with based on the following criteria:

  • How well is the question answered
  • Feasibility of proposed solution
  • Compliance with directions for submissions (varies by company)
  • Clarity and structure of presentation 

Timeline for 2017

  • 19 March: Sign-up and Submissions deadline
  • 3 April: Announcement of student teams 
  • 5 May-24 July: Engage with companies virtually 
  • 21 September: Presentations at the United Nations in New York City

The Challenges

BRASKEM - Halve the key inputs used by agribusiness while increasing yields

ENELAffordable, clean and sustainable energy for everyone

FUJI XEROXCreating an innovative work culture for creative, decent, eco-friendly work

IBERDROLA - Providing clean and affordable energy to everyone

NATURA - Enable a global collaboration network of Natura’s consultants

NESTLE - Enable exponential consumer engagement and behaviour change to contribute towards Nestlé's strategy to prevent and minimise food waste along the value chain

SUMITOMO CHEMICAL - Feeding the world through precision agriculture- biosensors


 

 

 

 


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