The first global innovation challenge is aimed at innovators from around the world who can come up with solutions based on collaborative economy, to address problems faced by vulnerable populations.

It is organized by Socialab and Pioneros, and driven by the National Agency for Overcoming Extreme Poverty (ANSPE), Compartamos con Colombia, the Multilateral Investment Fund (FOMIN), the Telefónica Foundation, Movistar and the Development Bank of Latin America (CAF).

Three winners will be selected to come to Bogotá, Colombia (air ticket and lodging expenses covered) to pitch to a high-level panel of investors and to receive coaching by Socialab Colombia and other organizing partners.

Further information is availbale on the following website: http://en.aintnoneed.org/