CES 2010: Nokia Announces Million Dollar Venture Challenge
Nokia's One Million Dollar Challenge was announced to help the standard of living or enhance the lives of those in growth economies.
To Nokia a good idea is worth a Million dollars (USD). They’ve just announced a million dollar venture challenge to encourage innovators to create a mobile product or service that raises the standard of living or enhances the lives of those in growth economies. The Growth Economy Venture Challenge is part of Nokia's global - Calling All Innovators competition announced recently at CES.
Announcing the Growth Economy Venture Challenge today at the conclusion of his keynote at CES, Nokia CEO Olli-Pekka Kallasvuo called on innovators to do good by bringing mobile solutions to parts of the world that can benefit most. At the same time he explained that mobile solutions can be quite profitable, but not exploitive, leading to financial "win-win" scenarios for both innovators and consumers.
More from News AnalysisShayne has an exceptional love for superheroes, action figures, comics, retro music and movies. His love for the 80s is also very evident in his lingo which is populated with words like 'Yes Siree Bob', 'Scooby-doo', Howdy and lots, LOTS more. As the Deputy Editor of tech2, Shayne stays fit by running back and forth between his desk, the tech team or some other department.
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