About TerraTech
Grameen Foundation for Social Impact (GFSI) has launched the “Scaling Agent Viability and Quality in India” project, a bold initiative to significantly enhance financial inclusion in underserved areas. Over three years, the project will focus on bolstering agent viability, diversifying product offerings, and expanding the Business Correspondent (BC) network by actively recruiting more women agents. The project will leverage cutting-edge technology and geospatial data to pinpoint geographic, demographic, and infrastructural gaps in underserved areas, utilizing a visual platform for interactive data analysis. This innovative data-driven decision tool, accessible to all BC industry stakeholders, fosters transparency and aids strategic planning for financial inclusion in underbanked regions.
A pivotal aspect of this initiative is the collaboration between GFSI and Protean, with Protean playing a dual role as both the Knowledge and Technology Partner, working together to develop a GIS-based data visualization platform. To amplify awareness, a national-level hackathon called the “TerraTech challenge” is set to take center stage in the first quarter of 2024. Comprising zonal and national-level rounds, the hackathon will be conducted in collaboration with anchor institutes. This dynamic event is poised to bring together minds from diverse backgrounds, fueling creativity and innovation to address the challenges of financial inclusion. Through this hackathon, GFSI aims to push the boundaries of technological solutions and create a lasting impact on the landscape of financial services in India.
To know more about Grameen Foundation for Social Impact (GFSI) visit here.
Eligibility
The participants should be willing to sign a legal undertaking that the team will not only develop the platform but will also manage it for the next two years.
The team can have any number of participants but only 3 members from every team will be allowed onsite during zonal rounds (other team members can join virtually).
The travel and the boarding for the team to be borne by the participants.
The proposed solution must be open source.
The link to the hackathon will be opened and every team should submit a three-pager concept note containing the following items:
Understanding the platform and the solution
The technical architecture (API integration will be the preferred mode)
Implementation
plan
Maintenance
plan
Budget
After evaluation of the concept note, teams will be selected for every zone and will be given access to the IT sandbox for 14 days. The team will work on one module at the zonal level.
Process
ZONAL
- Four zonal hackathons will be conducted at the zonal level
- It will be a two-day event.
- Online call for the concept of the solution
- Every zone for the onsite with the teams with 3 zonal winners
- East - IIT Kharagpur (11 - 12 January)
- West - SP Jain Global (8 - 9 February)
- North - IIM Lucknow (22 - 23 January)
- South - IIIT-B (15 - 16 February)
NATIONAL
- The final round will comprise all 12 zonal winners.
- There will be a provision of 3 to 4 wild card entries.
- It will be held in Mumbai or Kolkata on March 21-22.
- The jury will discuss the winner and the contract will be awarded.
Select your zone and register now!
Partners
