STOCK TITAN

Supercharging Young People to Meet Global Challenges

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

Gen has announced a new partnership with Social Shifters to support the Global Innovation Challenge 2024. This initiative invites young leaders, aged 18-30, to submit innovative ideas addressing social and environmental issues. Gen is contributing $30,000 USD in funding through the Gen Foundation and will offer volunteer judges for the competition. The challenge aims to utilize technology for solutions, aligning with the United Nations Sustainable Development Goals. Submissions are open until July 31, with judging in September and final pitches in November. Grants of up to $10,000 USD will be awarded in December.

Positive
  • Gen provides $30,000 USD in funding support for the Global Innovation Challenge 2024.
  • Gen team members will serve as volunteer judges, contributing expertise and support.
  • The partnership aligns with the United Nations Sustainable Development Goals, enhancing Gen's ESG profile.
Negative
  • None.

Gen announces new partnership with Social Shifters

NORTHAMPTON, MA / ACCESSWIRE / July 8, 2024 / Written by Amanda Davis SENIOR MANAGER FOR CORPORATE RESPONSIBILITY AND ENVIRONMENT

Gen Blog | Company News

Today's young people have a lot on their minds. Studies show they're anxious about global issues like climate change and economic instability, and they're losing confidence in their political leaders to reflect their needs and interests. Even many parents agree that young people face more challenges than they did, particularly in areas like saving for the future and buying a home.

Social Shifters is looking to transform that anxiety into action. The organization is currently accepting submissions for its Global Innovation Challenge 2024, an annual competition that awards funding to young leaders (18-30 years) with an idea, project or business solution to a pressing social or environmental issue. We're excited to announce that as part of our new partnership with Social Shifters, we are providing $30,000 USD in funding support (this grant is awarded from the Gen Foundation, a corporate advised fund of Silicon Valley Community Foundation). Gen team members will also serve as volunteer judges for this year's contest.

Seeking Solutions to Global Issues

As Global Innovation Challenge judges, Gen team members will evaluate projects that use technology to address climate change and benefit the environment, such as recycling solutions, renewable energy, resource conservation, and beyond. This approach is part of Social Shifters' larger endeavor to align with the United Nations Sustainable Development Goals, a blueprint to achieve a better and more sustainable future for all.

Submissions are open until July 31, and judging will take place throughout the month of September. The finalists will then pitch their finished project to a live panel in November, with grants of up to $10,000 USD to be awarded in December.

The Global Innovation Challenge 2023, which included projects addressing the refugee crisis, climate action, water stewardship and more, incubated 1,325 startup projects and businesses that have impacted upwards of 22 million people around the world.

Elevating the Next Generation

Gen is a family of trusted consumer brands built for the next generation of digital life. We're committed to powering digital freedom, and we're excited that our partnership with Social Shifters allows us to inspire and empower the leaders of tomorrow. For more on how we do this, check out our 2024 Social Impact Report.



View additional multimedia and more ESG storytelling from Gen on 3blmedia.com.

Contact Info:
Spokesperson: Gen
Website: https://www.3blmedia.com/profiles/gen
Email: info@3blmedia.com

SOURCE: Gen



View the original press release on accesswire.com

FAQ

What is the Global Innovation Challenge 2024?

The Global Innovation Challenge 2024 is an annual competition by Social Shifters that awards funding to young leaders with innovative ideas addressing social and environmental issues.

How much funding is Gen contributing to the Global Innovation Challenge 2024?

Gen is contributing $30,000 USD in funding support through the Gen Foundation.

When is the submission deadline for the Global Innovation Challenge 2024?

Submissions for the Global Innovation Challenge 2024 are open until July 31, 2024.

What roles will Gen team members play in the Global Innovation Challenge 2024?

Gen team members will serve as volunteer judges for the Global Innovation Challenge 2024.

When will grants be awarded for the Global Innovation Challenge 2024?

Grants of up to $10,000 USD will be awarded in December 2024.

What is the focus of the projects in the Global Innovation Challenge 2024?

Projects focus on using technology to address climate change and other environmental issues, aligning with the United Nations Sustainable Development Goals.

Gen Digital Inc.

NASDAQ:GEN

GEN Rankings

GEN Latest News

GEN Stock Data

18.32B
616.21M
9.25%
88.03%
2.79%
Software - Infrastructure
Services-prepackaged Software
Link
United States of America
TEMPE