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Challenge 2024

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Description of the Challenge

 

How can young people and adults in Latin America and the Caribbean develop the most in-demand job or digital skills to reduce the talent gap, positively impacting their communities? 

 

About the Challenge

We are currently immersed in the Fourth Industrial Revolution, a period of accelerated transformation driven by technological advances such as artificial intelligence, automation, robotics, and digital connectivity. This phenomenon is drastically reshaping the labor landscape and, consequently, redefining how people must acquire and apply skills throughout their lives. 

The labor market is evolving at a dizzying pace, leading to the constant emergence of new skills demanded by industry and society. This means that the learning process is no longer confined to obtaining a university degree or technical diploma; it has become a continuous lifelong journey. Occupations, careers, and professional skills are constantly being reconfigured, and people must adapt to remain competitive in the job market. 

In this context, the notion of skills has evolved significantly. It now encompasses not only theoretical and technical knowledge but also a set of capacities, competencies, qualities, talents, and knowledge necessary to excel in the workplace. Furthermore, the way we acquire these skills is being transformed by the proliferation of new technologies and educational innovations. 

Universities, technical institutes, online platforms, and workplaces play crucial roles in this lifelong skill acquisition process. These institutions and environments are expected to be agile and adaptable, capable of providing personalized and accessible learning for a variety of individuals, including those previously excluded from the traditional education system, such as vulnerable groups and minorities. 

In this dynamic context, skill acquisition becomes an accumulative process where people must be willing to learn constantly and adapt as labor demands evolve. This challenge extends from youth to adulthood, and understanding and addressing it is essential to thrive in a constantly changing labor environment. 

To this end, the TecPrize 2024 challenge seeks technological solutions that impact Latin America and the Caribbean to: 

  • Dimension 1 – Develop skills in higher education or lifelong learning through disruptive technologies. 

 

  • Dimension 2 – Reduce the gender gap in education and workforce development innovatively and scalably. 

 

  • Dimension 3 – Provide accessibility and inclusion in education to individuals in vulnerable contexts through digital solutions. 

 

  • Dimension 4 – Impact diversity and inclusion in human talent by developing the workforce in organizations. 
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