Friday, March 4, 2011

Project Inspire

Five Minutes To Change The World

The Singapore National Committee for UN Women has teamed with MasterCard to create a difference-making initiative. Called Project Inspire, their aim is 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.

Individuals and teams can submit 5-minute videos (or two-page outlines) of their life-changing ideas to www.5minutestochangetheworld.org. The entires also need to incude practical ideas on how a grant of US$25,000 could be used to implement the ideas.

With statistics showing that 65% of the estimated 780 million people around the world who cannot read are women, and that 70% of the world's poor 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 to fund start-up costs for the best economic empowerment, skills development, financial inclusion, health or social entrepreneurship idea. The other will will get a US$10,000 grant to help fund the implementation of the best financial literacy or livelihood project.

Submissions for Project Inspire will open on March 8th, to coincide with the 100th International Women's Day, and will close on June 30th.

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