We are aiming to identify a solution (s) that will support the collection and analysis of business data for women-owned small- and medium-sized enterprises (WSMES) in the Pacific which ultimately will help banks and financial institutions to make informed lending decisions that are gender considerate.
Through this challenge, we aim to support WSMEs to be able to access necessary finance to grow their businesses.
Formally registered technology-based start-up firms with at least 3 years of operations, technology providers, and corporate partners that primarily serve the financial services industry (Fintech)
> Fintechs with experience and goal to support solutions for the female economy
> Possess a minimum viable product (MVP) or a product available on the market or ready to be rolled out in the market which can be tailored based on challenge requirements
> Mature enough to drive to POC stage with financial institutions
> Preference for gender-diverse teams and female-founded/-managed
> Experience in the Pacific, specific knowledge of Papua New Guinea preferred
Your out-of-the-box ideas are what we need to promote access to finance for WSMEs and convince banks that women’s businesses are a good business potential; we must keep in mind it must be online and offline for feature phones and smartphones, easy to install and implement, simple to use, as well as intuitive for people with lower literacy and digital literacy capabilities.
AREAS OF INTEREST
ACCESS TO TECHNOLOGY
Register and submit your Solution Pitch Deck!
Up to 10 Solutions will be shortlisted.
Guidance from ADB specialists to further improve submissions.
The Top 4-5 Solutions will be shortlisted.
Finalists to pitch to the panelists.