Citi Tech for Integrity Challenge Announced

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Citi Tech for Integrity Challenge (T4I) has been creating technology solutions to world wide problems. The aim of this new project is to promote integrity, accountability and transparency in the public sector and beyond. In unison with technology innovators, this initiative has been led by Citi in collaboration with public and private sector allies. T4I will also provide the support and infrastructure that tech innovators need to tailor new technology solutions for this market.

This will be a global competition where companies are invited to submit technology solutions. As many world wide problems erupt from the governments the challenge will seek to source innovation in a number of areas, including government transactions and procurement; culture, ethics and citizen engagement, cutting red tape; and information security and identity. Once contestants enroll particular participants will enroll in a virtual accelerator program, which provide mentors, curriculum and infrastructure support.

The finalists will be given a chance to showcase their solutions at one of six Demo Days in cities around the world, including Buenos Aires, Dublin, Hyderabad, Mexico City and Singapore in May and June.The winners will be given the opportunity to work with any business, organization or government interested in exploring innovative integrity tools. After a survey was done by Citi the results showed that the top issues came from beneficiary eligibility, tax administration, collection and taxpayer identity, procurement process, allocation of public funds and tools to increase transparency and fight corruption.

Application process is still ongoing and closes on March 6th, 2017. The accelerator program will run from March to April, when finalists will be selected to participate in Demo Days.

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