Citi Award calls for young entrepreneurs

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

 Post1In the month in which the Global Entrepreneurship Week takes place, an international movement that seeks to strengthen the entrepreneurial culture through connections and training, Aliança Empreendedora, 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 between 18 and 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 www.pcjm.com.br.

The selection of the winning entrepreneurs takes place in two phases:

  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 experts. From there, the judges will select four final winners: two in the business category and two in the business idea category.

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

Applications are open until January 15th and the result 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, SEAE/MF authorization certificate 03/0484/2016.

Award for social organization

 For the Most Transforming Social Organization category, registration opens on December 6th and ends on February 14th, and the person elected by the jury receives a diploma of recognition* 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 Citi Foundation's commitment to highlighting the importance of micro-entrepreneurship in the development of Brazil's economy. Based on the impact generated by the 10 years of the Citi Melhores Microempreendimentos Award, the initiative is renewed to reach a young audience who are starting to undertake, but who do not have experience and easy access to knowledge or business services. We want to share success stories and motivate young people to positively impact their communities,” says Priscilla Cortezze, Citi's Superintendent of Corporate Affairs and Sustainability.

ABOUT CITI FOUNDATION

The Citi Foundation works to advance economic progress in communities around the world, focusing on initiatives that expand financial inclusion. In this way, we collaborate with highly skilled partners to create economic improvements that strengthen low-income families and communities. Through the “More Than Philanthropy” approach, Citi's business resources and human capital enhance our philanthropic investments and impact. For more information, visit WWW.CITIFOUNDATION.COM or citibank.com.br/institucional/sustentabilidade.

ABOUT CITI

Citi, the leading global bank, has approximately 200 million customer accounts in more than 160 countries and jurisdictions. Citi makes available to individuals, corporations, governments and institutions a wide variety of financial products and services, including banking and consumer credit, corporate and investment banking, securities brokerage and wealth management. For more information about Citi, please visit: WWW.CITIBANK.COM.BR | Twitter: @CITIBRASIL | YouTube: WWW.YOUTUBE.COM/CITIBRASIL | Blog: HTTP://CITIBRASIL.WORDPRESS.COM/ | Facebook: WWW.FACEBOOK.COM/CITIBRASIL 

ABOUT THE ENTREPRENEURIAL ALLIANCE

Social organization that works to support companies, social organizations and governments to develop inclusive business models and projects to support low-income micro-entrepreneurs, expanding access to knowledge, networks, markets and credit for them to develop or start their businesses. Since 2005, it has supported more than 29,909 micro-entrepreneurs, through 109 projects and more than 50 partners, generating new business, work and income opportunities through entrepreneurship, promoting inclusion and economic and social development.
In Brazil, it is also an official member of Youth Business International and the ANDE Network (Aspen Network of Development Entrepreneurs).

To learn more, visit: http://aliancaempreendedora.org.br/

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