ATLANTA, September 12, 2016 – The MIT Initiative on the Digital Economy (IDE) announced that Rural Sourcing is a finalist in the matching category for the Inclusive Innovation Competition (IIC). IIC Core Judges delivered over one thousand reviews to identify the first official class of IIC Finalists – 24 organizations that are inventing a more inclusive, productive, and sustainable future for all.
Award Candidates were chosen based on their innovative support of people who earn middle- and base-level incomes. All Finalists will receive a $25,000 award.
On September 27 at the MIT Media Lab in Cambridge, MA, the IIC will explore and celebrate Inclusive Innovation where four of the finalist organizations will be selected to receive an additional $100,000 Grand Prize. The IIC Awards Celebration, will be hosted by IDE director Prof. Erik Brynjolfsson and IDE co-director Andrew McAfee.
“We are extremely honored to be recognized for our efforts in the democratization of IT as well as to be named among such forward thinking companies that are clearly making a difference in today’s world,” said Monty Hamilton, CEO at Rural Sourcing Inc.
Erik Brynjolfsson, director of the IDE, says, “The goal of the IIC is to identify organizations that are harnessing digital innovations to create shared prosperity. We are excited to celebrate these amazing innovators that are lifting the economic prospects in the Second Machine Age.”
Developed in collaboration with MIT Solve and the MIT Innovation Initiative (MITii), the competition is being funded with support from The Rockefeller Foundation, the Joyce Foundation, the NASDAQ foundation, and Eric and Wendy Schmidt.
About The MIT Initiative on the Digital Economy
The MIT Initiative on the Digital Economy (IDE) explores how people and businesses will work, interact, and prosper in an era of profound digital transformation. Working alone and with public and private sector partners, the IDE supports and conducts groundbreaking research in the areas of productivity and employment, big data, new digital business models, and social analytics. For more information, visit http://ide.mit.edu.