Entry Period Now Open for $10,000 THINK 14 Competition 

The entry period is now open for the CO-OP THINK Prize 14, with entrants having until Oct. 15 to complete their round one application and become eligible for the $10,000 grand prize sponsored by MasterCard.

CO-OP THINK Prize 14 contestants can find complete details and apply here: http://co-opthink.org/think-prize.

“The purpose of the CO-OP THINK Prize competition is to inspire innovative solutions to issues facing the credit union movement,” said Stan Hollen, President/CEO of CO-OP Financial Services. “We encourage everyone to consider entering, for their own professional development, to make their credit unions better, to help our industry, and perhaps to win a nice sum of money.”

The solutions put forward in the competition can take any form – such as an innovative application of technology, a new process for back office efficiency or a fresh approach to industry advertising and marketing. Though the ideas can vary widely, the judging criteria for entries are based on four main standards – impact, creativity, aggregation (the application of the idea across the industry) and implementation (the ability to be adopted).

For CO-OP THINK Prize 14, red letter dates are:

The CO-OP THINK Prize winner is awarded $10,000. The money goes to the individual entrant, who may use it toward executing their idea, though they are not obligated to do so.

The 25 semi-finalists and the three finalists are selected by judges from CO-OP Financial Services and an industry panel.

For more information, visit co-opthink.org/think-prize.

Submissions to Monitor may be emailed. Bryan Laviolette is the editor of Monitor. Contact him by email or call (800) 262-6285, ext. 233. The newsletter of the Michigan Credit Union League is published Monday mornings or Tuesday mornings when Monday is a holiday. There is no Monitor the week after Christmas and the week after the Annual Convention and Exposition. The MCUL reserves the right to edit submissions for clarity and space.
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