Last year we launched our first ever MFC Innovation Award! The MFC Innovation Award explores the new trends in optimizing business processes through the Digitalization for a Connected World. We’re glad to invite all organizations from the ECA region that add significant contribution to financial inclusion, society and improving peoples’ lives through their daily business, to apply for the 2017 MFC Innovation Award.

Timeline: The submission process will be opened with the start of the 20th MFC Annual Conference in Sarajevo, Bosnia and Herzegovina. The deadline for submissions is September 10, 2017.. 

The award’s winner will be announced on the 3rd European Microfinance Day (EMD) – 20 October 2017. 

The 2017 MFC Innovation Award is generously sponsored by Software Group: Complimentary license for smart android application for a Software Group delivery channel solution of choice and 20 android tablets*

Evaluation Criteria:

After closing the submission, applications will be reviewed by the Award Committee consisting of 1 MFC Member from Digitalization Working Group, 1 MFC Staff and 1 Software Group Representative.  All criteria elements below will be given a score of 1 to 10. The final score will be formed by the weighted score of all:

Final score = Applicability score X 20% + Cost effectiveness score X 20% + Outreach score X 10% + Sustainability score X 15% + Scalability score X 10% + Social impact score X 25%

We encourage you to apply today!

Best regards,
The MFC Team

* Award is not subject to financial reimbursement