The University of Texas and Dell are looking for college students worldwide with ingenious ideas to tackle pressing social issues for the chance to win $50,000 in seed funding. Students from any 4-year university are invited to create change at home, or anywhere in the world, with an idea that brings new resources in the form or technology, knowledge, people or action to an old problem for amazing results.

The goal of this competition is to engage the most number of students to start using the skills they are learning in college to find solutions to world problems. They put no limits on the imagination of contestants and they hope to give students a pathway to make their dreams of a better world a reality.

How to Enter

The deadline to enter is fast approaching on March 2. The entry form is a quick overview of your idea and takes about 30 minutes to complete. There is still plenty of time to enter. If you are in college or know someone in college – encourage them to enter!

If not, you can show your support by voting and commenting on the ideas at each round of competition!

There are 3 rounds of competition. A group of 100 students will be selected as semifinalists from the initial entry form and asked to write a venture plan detailing their idea. From the venture plan entries, judges and the public select the top three teams and they come to Austin, TX to compete live. One winner walks away with $50,000 to start their venture.

My Idea

Administralo.com – A Social Development Platform by means of Financial Improvement for Low Income Consumers in Developing Countries

Administralo.com is a social development platform for low income individuals and families in developing countries located in South America. The platform performs as an educational tool to improve people’s lives by means of helping users to have a better financial awareness and practice through their daily life.

Personal Finance is confusing and very hard to learn, there’s no easy-to-understand information available in spanish and everyone needs it, specially low income individuals from developing countries which always turns out to be broken. Here comes Administralo.com as a portal for online Money Management, Financial Education and Life Improvement. The platform consists of an automated system that will guide users through a highly developed user-friendly experience to achieve their financial goals and life improvement stages step by step. The user interface is made in accordance with recently web 2.0 applications and resources, as well as content and graphics to make the user experience as rewarding as possible.

The system will allow users to experience the benefits of a well managed Personal Finance. The learning process includes lots of information, the use of several tools for money and time management, online forums, blogs and coaching, among other benefits. The service will be completely free and users won’t have to reveal their banking accounts or their identity, they will be only requested to have an username and submit a valid email address.

Research made on the subject reveals a strong willing from people to improve their personal finance, and a big social improvement can be achieved.

So I invite you to take part of this venture by voting for my idea and leaving a comment if you want it. All the best for those who are participating and thanks for supporting me!

PS: You need to register to be able to vote or comment, which will take you about 20 seconds