Nokia has announced $ 1 million 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, says a press release.
Announcing the Growth Economy Venture Challenge, Nokia CEO Olli-Pekka Kallasvuo called on innovators across the globe to become a part of a revolution by bringing mobile solutions to the parts of the world that can benefit most.
The Challenge will consider any submission that enhances the target growth economy and also provides a potential return on the investment.
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