About the challenge

At Fidelity Investments, we believe that diversity drives innovation, and we recognize the unique challenges women encounter within the financial space. To illustrate this, consider some of the key obstacles currently faced by women with regards to financial well-being:   

  • Gender Pay Gap: Across industries, women typically earn less than men for the same work. This pay disparity can significantly impact their ability to accumulate wealth and save for the future   
  • Lower Labor Participation: According to a Bureau of Labor Statistics report, fewer women participate in the labor force compared to men. This means that fewer women earn salaries and contribute to retirement plans like IRAs, 401(k)s, and 403(b)s.  
  • Caregiving Responsibilities: Women often take on the added responsibility of primary caregiver within their household. Taking time off work to care for children, elderly parents, or other family members can affect their income, earning potential, and ability to contribute toward retirement savings.  
  • Longer Life Expectancy: Women tend to live longer than men, which means they need to plan for a longer retirement period. This requires careful financial planning to ensure they have enough savings to support themselves throughout their lives.  
  • Financial Literacy Gap: A 2022 TIAA Institute Financial Literacy study found that women answered an average of only 45% of personal finance questions correctly. A lack of financial literacy could put individuals at risk of accumulating excessive debt, inadequate emergency funds, or not saving enough for retirement.  

THURSDAY, 5/16

8:30 - 9am Registration & Welcome Breakfast
9 - 9:10am Experience Overview
9:10 - 10am Icebreaker
10 - 10:30am LEAP Introduction & Overview
10:30 - 11:15am Panel 
11:15 - 11:30am Break
11:30-12pm Hackathon Challenge Kick-off
12pm Lunch
12:30 - 5pm Hackathon Working Hours
5 - 6pm Networking & Mocktails Mixer

FRIDAY, 5/17

8 - 8:30am Welcome Breakfast
8:30 - 12pm Hackathon Working Hours
12pm  Hackathon Working Lunch
**1pm  Projects Due**
2pm Judging Complete - Awards
2:30pm Q&A / Next Steps
3pm Departures

Requirements

What to Build

For this hackathon, we invite participants to unleash their creativity and develop forward-thinking financial technology solutions that promote equality and inclusion. We want you to use your hacking skills to find and build solutions that put financial opportunities and resources within reach for these communities through creative, accessible and/or sustainable solutions.  

Hackathon Sponsors

Prizes

$500 in prizes
1st place FIdHacks Winners
1 winner

$250 cash prize to each member of the FidHacks winning team

2nd place FidHacks Winners
1 winner

$150 cash prize to each member of the FidHacks 2nd place team

3rd place FidHacks Winners
1 winner

$100 cash prize to each members of the FidHacks 3rd place team

Devpost Achievements

Submitting to this hackathon could earn you:

Judges

Priya Kulkarni

Priya Kulkarni
Director, ETGS Software Engineering CoE Member

Vidya Kalyanaraman

Vidya Kalyanaraman
Director, Developer Success

Jean Cronin

Jean Cronin
Chapter Area Leader, HCG Digital Technology

Judging Criteria

  • Entrepreneurship
  • Ingenuity
  • Completeness
  • Expo Quality
  • Complexity
  • Judges' Impressions

Questions? Email the hackathon manager

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