Network for Teaching Entrepreneurship Winning Young Innovators Announced for 2016

Moody's Information to Innovation Challenge: Winners receive $20,000 plus awards for their schools or organizations.

New York, New York (PRWEB) June 17, 2016

The winners of the 2016 Moody's Information to Innovation Challenge – an open, online call for creative solutions to contemporary challenges, presented by The Moody's Foundation – were announced by the Network for Teaching Entrepreneurship (NFTE), which ran the competition.

There were two categories for the 2016 Challenge: Health Helper Challenge and the Community Defender Challenge which asked small groups of young people (ages 14-19) to think about and create ways to promote healthier living and advance community values. Two prizes of $5,000 each were awarded in each category – four prizes total – to the winning teams. An additional award of $500 per winning entry – four in all – was given to the sponsoring school or social organization of the winning team.

The winners of this year's Moody's Information to Innovation Challenge are:

Health Helper Challenge
FoodHero's Helper – Adjudicator and Public Voting Winner
FoodHero's Helper is a team of two students from ITE College East (Institute of Technical Education) in Singapore. FoodHero is a mobile application designed to help caregivers keep preschoolers occupied while providing nutrition information through an interactive game that includes a grocery purchase and delivery option.

Community Defender Challenge
ARIVE – Adjudicator Winner
ICDC Redemption Squad – Public Voting Winner
ARIVE is a team of two students from San Leandro High School in the San Francisco Bay Area. ARIVE is an app that helps people create a profile, share feedback, and connect with others to achieve visual results for improving their community.

ICDC Redemption Squad is a team of three first year students at UCLA. Their idea is CLUB CONNECT, an application for new students at the University of California, Los Angeles. Club Connect helps students filter and find school organizations.

Approximately 100 teams registered for the 2016 Challenge with student teams representing Great Britain, Ireland, Singapore and the United States. Two runner-up teams will share a $1,000 award, plus a prize of $250 for their school or youth serving organization.

The Challenge was designed and managed by the Network for Teaching Entrepreneurship (NFTE) – an international non-profit which teaches young people to think like entrepreneurs and provides them with tools and attitudes to overcome adversity and address future personal, economic, community and global challenges.

"The Moody's Information to Innovation Challenge is a fun and rewarding activity for young people to offer new ideas, their ideas, to meet today's challenges," said Shawn Osborne, President and CEO of NFTE. "That kind of creative, entrepreneurial thinking will help students over their lifetime as well as make our communities, businesses and schools better."

"Vibrant, rich and growing communities all over the world thrive on innovation and creativity – especially among young people," said Frances Laserson, President of The Moody's Foundation. "That's why we are delighted to work with NFTE to challenge young people and reward their entrepreneurial thinking."

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The Moody's Foundation is a charitable foundation established by Moody's Corporation, is committed to supporting education, in particular the study of mathematics, finance and economics. The Foundation also funds specific initiatives in the areas of global economic development, microfinance, civic, health and human services as well as arts and cultural programs. The Foundation supports programs located in select metropolitan areas in the United States, the United Kingdom and elsewhere around the world. For more information, please visit https://moodysi2i.nfte.com.

Network for Teaching Entrepreneurship (NFTE) is an international nonprofit that activates the entrepreneurial mindset in young people and builds their knowledge about business startup. Students acquire the entrepreneurial mindset (e.g., innovation, self-reliance, comfort with smart risk), alongside business, STEM, and presentation skills—equipping them to drive their best futures in the 21st Century. NFTE focuses its work on under-resourced communities, with programs in 23 locations in 10 countries. To learn more, visit http://www.nfte.com, like NFTE on Facebook at http://www.Facebook.com/NFTE, or follow us on Twitter at @NFTE.

For the original version on PRWeb visit: http://www.prweb.com/releases/2016/06/prweb13482819.htm