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Citi joins Restarting Together post-Covid innovation programme

Source: Citi

Airbus BizLab, BASF, Boston Consulting Group, CEMEX, Citi, Endeavor, IDB Lab, IE, IESE Business School, Microsoft for Startups, South Summit and Telefonica announced today the launch of Restarting Together, a global challenge that seeks to boost innovative projects after the impact of COVID-19.

The initiative aims to promote projects developed by entrepreneurs and SMEs that will contribute to speeding up economic recovery after the effects of the pandemic and create a more resilient society, with more effective and sustainable capabilities against future similar crises. Through this joint initiative, this diverse group of industry leaders want to promote community engagement to build a better society.

The overall goal of Restarting Together is to find innovative projects that strive to expedite the return to normality after the confinement period caused by the COVID-19 pandemic. This initiative also looks to identify projects to boost economic recovery in a sustainable way, aimed especially at improving employment, revitalizing the ecosystem of small businesses, and creating networks and financial aid mechanisms for crisis situations. Likewise, the challenge encourages entrants to propose solutions that bolster cities’ responses for any type of crisis in the future, whether it be sanitary, economic or driven by environmental or climate change issues.

Interested participants can present their proposals from June 2, 2020 through June 30, 2020 by entering www.restartingtogether.com. Proposals will be evaluated based on their projects’ social and economic impact, feasibility, implementation time and degree of sustainability and innovation.

The nine most promising projects will be presented on a digital pitch day on September 9, 2020, when participants will share their solution directly to the organizing companies´ representatives. Three winners of the digital pitch day will share their vision with global leaders from the supporting companies and possibly receive access to corporate resources from the organizing companies, including potential acceleration or investment. Additionally, all proposals will be considered for development, promotion and implementation by all, or some, of the companies organizing Restarting Together. The global and multidisciplinary focus of the industry leaders that make up Restarting Together will help ensure participants have the support they need to make the strongest potential impact on society.

The organizers will offer participants their experience and knowledge in diverse industries, as well as the opportunity to build relationships with leading multinational companies and possible access to investment capital.

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