Verizon to Roll Out Millions to Social Impact Startups


Verizon returns its Powerful Answers award, a competition for startups that present $1 million in prizes.

It has already added a new startup category, which is transportation. With four categories, the winners in each category will once again score $1 million, while two runner-ups in each category will receive $250,000. The competition is the company's way of showing support to business innovators that aim for social good.

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Federal Programs Related to - Business Promotion

Programs that promote the general commercial interests of the community or the interests of particular trades. Business Leagues; Business Retention; Chambers of Commercial; Local Business Associations; Industry-Specific Promotion; Trade Association; Trade Groups Business Recruitment & Attraction Programs provide any of a wide variety of incentives to encourage new businesses and industries to locate in a particular community, to provide development and expansion opportunities for existing businesses, and to discourage existing businesses from leaving the area and relocating elsewhere. Attraction of Business; Business Recruitment; Empowerment Zones; Enterprise Zones; Industrial Park Development; Media Production Liaison Services

Federal Programs Related to - Philanthropy, Voluntarism & Grantmaking, General/Other

Private nonprofit organizations whose primary purpose is to promote the practice of charitable giving and volunteering or to represent and serve a wide range of philanthropic and charitable institutions.

Federal Programs Related to - Civil Rights, Social Action & Advocacy, General/Other

Programs that focus on protecting and promoting the broad civil rights and civil liberties of individuals and work to change public policy and opinion in a variety of areas.

See also: +COMMON CODE Advocacy (**B); Hate Crimes Prevention (I02.07); Housing Discrimination (I05.08); Voter Services (W08.05)




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