New edition of the Citi Award focuses on young micro-entrepreneurs and distributes R$ 42 thousand in prizes

The award supports the development of young Brazilian micro-entrepreneurs aged 18 to 35 and social organizations that seek to transform communities through entrepreneurship

In the month in which the Global Entrepreneurship Week takes place, an international movement that seeks to strengthen the entrepreneurial culture through connections and training, the Entrepreneurial Alliance, sponsored by the Citi Foundation and supported by Citi, opens registration for the Citi Young Microentrepreneurs Award 2016, with the objective of identifying, training and rewarding young micro-entrepreneurs who are promoting development in their communities throughout Brazil.

Award for young micro-entrepreneurs

As of November 16, 2016, young people aged 18 to 35 who are starting a business, whether formalized or not, or who have a business idea that they would like to put into practice, can apply. Registration is free and takes place exclusively through the website

The selection of winning entrepreneurs takes place in two stages:

  1. In the first stage, 20 finalists will be chosen, who will be awarded a gift card worth R$ 1 thousand*, face-to-face training in São Paulo-SP*, in addition to travel costs*.
  2. The second stage takes place in São Paulo-SP, where the 20 finalist micro-entrepreneurs will present their businesses and business ideas to a panel of specialists. From there, the judges will select four final winners: two in the business category and two in the business idea category.

The first places in each category will receive a prize of R$ 6,500 and the second places a prize of R$ 4,500, all in gold bars.

Entries are open until February 5th and the results will be revealed on April 20th, 2017, at an event in São Paulo-SP. The complete regulation is available on the website and this promotion was authorized by the Secretariat for Economic Monitoring, authorization certificate SEAE/MF 03/0484/2016.

Award for social organization

For the Most Transforming Social Organization category, registration opens on December 6th and runs until February 14th and the person chosen by the jury will receive a recognition diploma* and two scholarships worth R$ 1,100.00* that can be used by two members of the institution in courses with INK, a reference in the subject of project management, in addition to a travel package to São Paulo for one person.

?The Award reinforces the commitment of the Citi Foundation to emphasize the importance of micro-entrepreneurship in the development of the Brazilian economy. Based on the impact generated by the 10 years of the Citi Best Microenterprises Award, the initiative is renewed to reach a young audience that is starting to undertake, but does not have experience and easy access to knowledge or business services. We want to publicize success stories and motivate young people to positively impact their communities?, says Priscilla Cortezze, Superintendent of Corporate Affairs and Sustainability at Citi.

Participate in the Citi Young Microentrepreneurs Award:

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