LIF: Financial Inclusion Laboratory
We encourage all Colombian business owners to submit their technological solutions to counteract the lack of financial inclusion in the country.
In partnership withMinTIC, the Regulatory Projection and Financial Regulation Studies Unit (URF),Superfinanciera, the Bank of Opportunities , MiLAB, Asobancaria, the Bogota Chamber of Commerce, Wayra, BBVA , Davivienda, Ventures and Colombia Fintech, we invite programmers, designers, entrepreneurs, business people and innovators with a good idea to develop, to submit their technological solutions that contribute to greater financial inclusion in Colombia.
The purpose of the Competition is to support projects and business initiatives with a high degree of innovation and technological elements in an effort to reduce the gap between people with and without access to bankingservices, as well as to promote the use and improve the quality of financial products and services.
The categories include:
- Financial inclusion of vulnerable groups
- Financial inclusion with an impact on the productivity of SMEs
- Solutions that contribute to the digital transformation and integrity of public entities working on financial inclusion issues in Colombia
The deadline to submit applications is August 30, and the three initiatives with the greatest potential impact on Colombia’s development will receive USD 10,000 each to support their operational implementation. The selected proposals will have the chance to be involved in mentoring and/or investment initiatives provided by the Laboratory’s allies.