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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Africa»Guaranty Trust Bank is Calling for Participation in its Recently Launched Simple Change Big Impact Challenge
    SIMPLE CHANGE BIG IMPACT

    Guaranty Trust Bank is Calling for Participation in its Recently Launched Simple Change Big Impact Challenge

    1
    By Oluwasegun Olukotun on July 16, 2018 Africa, Banking, Competition, Corporate Social Responsibility, Facebook, Funding, Infrastructure, Innovation, Instagram, Projects, Social Media, Twitter, Video

    Guaranty Trust Bank is currently calling for participation in its recently launched Simple Change Big Impact Challenge aimed at funding community development projects nationwide.

    The Simple Change Big Impact Challenge is a CSR initiative by GTBank aimed at funding dozens of innovative ideas designed and executed by members of the general public. With the Simple Change Big Impact Challenge, the Bank hopes to invest directly in the social infrastructure of at least 20 communities nationwide.

    Commenting on the Bank’s Social Impact Challenge in a press release by the bank, the Managing Director and Chief Executive Officer of GTBank, Mr Segun Agbaje, said; “We are excited to organize an initiative that will showcase not just the ingenuity and creativity of Nigerians, but also their passion for making a positive social impact in their communities. This Social Impact Challenge reflects the premium we put on innovation and collaboration and demonstrates our commitment to giving back to society.

    He further stated that “As we continue to transform our institution into a platform for enriching lives, we are fully integrating Corporate Social Responsibility into our business model such that our CSR initiatives now form a core part of the normal way we go about our business. This is driven by our strong belief that building a strong business and making the world a better place are essential ingredients for long-term success.

    The Simple Change Big Impact Challenge aims to fund 20 community development projects nationwide.

    How to Participate

    • Create a one-minute pitch video about your community development project idea using the hashtag #SimpleChangeBigImpact
    • Share your pitch video on your social media handle (Facebook, Twitter or Instagram) using #SimpleChangeBigImpact.

    Content for the Pitch Video

    • Details of the Idea
    • The Execution Process
    • The Community you will like to uplift

    Making it Happen

    • Pitch your idea and GT Bank would fund 20 project ideas up to N1 million Naira each across 20 communities to execute the project.

    Execution Timeline

    • The ideas must be executable within 120 hours/5 days.

    Project Timeline

    • Challenge Begins July 11, 2018
    • Challenge Ends July 25, 2018
    • Voting Begins July 30, 2018
    • Voting Ends August 6, 2018

    Also, an assessment team would shortlist the most impactful and innovative projects for the next stage and the shortlisted projects will be posted on the GTBank instagram handle. The projects with the most likes will be implemented.

    The selection criteria will focus on the creativity, relevance, unique impact of the idea as well as the feasibility of executing the idea within the stipulated time frame.

    Related

    Banking CSR GT Bank Infrastructure innovation Simple Change Big Impact Challenge Video
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    Oluwasegun Olukotun

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    1. Pingback: GTBank parent company GTCO to raise $750 Million amid new central bank capital requirements - Innovation Village | Technology, Product Reviews, Business

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