The Rockefeller Foundation launches new competition in search of solutions that will improve livelihoods for poor or vulnerable workers in the world’s informal economies. During celebration of The Rockefeller Foundation’s centennial anniversary, the Centennial Innovation Challenge will consider as many as 10 of the finalists for the opportunity to apply for a grant of up to $100,000 and win support in proposal-writing to enable the further development of submitted ideas.
It is often out of necessity that 1.8 billion people find their livelihoods in the informal economy – the business enterprises and jobs that exist partially or completely outside of government regulation. Informal workers lack basic safety nets like pensions and health insurance, and are typically without recourse if they are denied pay or are compelled to work in unsafe conditions.
Improving working conditions, legal rights, and social benefits for informal workers would open new pathways to economic and social empowerment for millions of poor or vulnerable people worldwide.
Ideas for the 2013 Centennial Innovation Challenge will be accepted online at challenge.rockefellerfoundation.org until the deadline on April 1, 2013.
Video Courtesy of rockefellerfoundation.org