Milken-Motsepe Prize in FinTech: A Catalyst for Financial Inclusion
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- July 29, 2024
The Milken-Motsepe Prize in FinTech is a prestigious award designed to propel innovative solutions that expand access to capital and financial services for small businesses in emerging and frontier markets. With a total prize of $2 million, including a grand prize of $1 million, the competition aims to identify and support groundbreaking fintech companies addressing critical financial inclusion challenges.
A Global Challenge, A Global Solution
Small and medium-sized enterprises (SMEs) are the backbone of many economies, yet they often face significant obstacles in accessing the financial resources they need to grow and thrive. The Milken-Motsepe Prize seeks to address this gap by recognizing and rewarding fintech companies that are developing innovative solutions to these challenges.
By offering a substantial cash prize and unparalleled networking opportunities, the competition aims to accelerate the growth of these promising startups. The ultimate goal is to create a more inclusive and equitable financial ecosystem for small businesses worldwide.
How to Apply
The competition is open to companies globally. Applicants are required to submit detailed information about their fintech solution, including its impact on small businesses in emerging and frontier markets.
The grand prize winner will be announced at the Milken Institute’s 2025 Global Conference in Los Angeles. The winning company will receive $1 million to scale their business and expand its reach.
To Apply, Go HERE
A Prize Beyond Money
Beyond the financial rewards, the Milken-Motsepe Prize offers unparalleled visibility and access to a global network of investors, mentors, and industry leaders. Winners will have the opportunity to showcase their innovations to a prestigious audience and build valuable partnerships.
The prize aligns with the growing recognition of the critical role fintech plays in driving economic growth and social impact. By supporting innovative companies, the Milken-Motsepe Prize is contributing to a more inclusive and prosperous future for millions of people around the world.
