Seedstars Capital and the International Organisation of Employers (IOE) have launched the fourth edition of the ‘Migration Challenge,’ in a bid to identify 10 innovative tech solutions supporting labour migration processes to showcase at the Global Forum for Migration and Development in Geneva in 2024.
The challenge is looking for tech start-ups, particularly those in North Africa, the Middle East, and Central and Eastern Europe – with a mission to provide tech solutions to migrants, including solutions that address climate-induced migration and support green transitions with migrant workforces.
Nearly 70 percent of the world’s international migrant population is made up of foreign labour migrants. Many factors, including political, social, economic, and now increasingly climate crises, motivate individuals to cross borders in pursuit of improved living and working conditions. Leveraging technologies and digitalization are playing an important role in addressing the cross-cutting challenges of migration today.
According to the organisers, the focus of this challenge is on start-ups focused on improving migration processes for businesses and governments, with a specific emphasis on green climate tech solutions.
To be eligible, start-ups must focus on mobility and services for businesses or governments in the field of labour migration, have a tested minimum viable product with early traction, and offer solutions to businesses or governments.
The Migration Challenge will select 20 tech ideas, of which 10 finalists will be chosen to showcase their solutions at the Global Forum on Migration and Development Summit, which will take place in Geneva on 23-25 January, 2024.
The winner and two runners-up will be paired with a mentor from the Seedstars Mentorship Hub, who will provide direction and assistance in addressing core business difficulties, improving fundraising efforts, and scaling up their processes.
The winner of the challenge will receive a prize of CHF5,000 from IOE.
Our collaboration with IOE in the past editions has always paved the way for groundbreaking innovations in the migration sector.
Elizabeth Jones, Head of Programmes at Seedstars
Migration is a multifaceted international challenge and with Seedstars, we are steadfast in our commitment to leverage technology for transformative impact that will catalyse positive change for labour migrants, business communities and governments.
Roberto Suarez-Santos, IOE Secretary General
For startups looking to be part of this transformative challenge, you can send your applications until 6th October 2023 here.
