What solution(s) does your initiative address to help emerging entrepreneurs and small businesses grow and thrive in underserved communities? (select all applicable)
Access to financing, Access to economic opportunity.
What has been the impact of your solution to date?
We have implemented our projects all over the world. With the help of our product more than 100 small to medium size banks and business individuals can easily make SWIFT transactions at low cost and high security.
What is your projected impact over the next 1-3 years?
Over the next 3 years IntellectTechnologies plan to extend support department, services for corporates and medium financial organizations (brokers-dealers, trades organizations); get own SWIFT connectivity (Integration Test Bed); provide integrations with Treasury Management System (TMS).
What barriers might hinder the success of your project? How do you plan to overcome them?
Financial crisis and unstable political system are constant and usual barriers. For that reason we built plans to overcome them by service extension, support improvements, as well as we have offices both in US and in Belgium. Market competition is an issue to keep control in as well. Here we could continue do our best to remain leaders, build strong partnership bonds with different IT companies as well as constantly researching market. We could also face lack of resources problem. Certification of existing staff and hiring a new people will be probably rusultative actions.
Winning entries present a strong plan for how they will achieve and track growth. Identify your six-month milestone for growing your impact
Now think bigger! Identify your 12-month impact milestone