INDIANAPOLIS— The Indiana Bond Bank will be hosting its fourth annual Flipping Finance Challenge event, kicking off Saturday, April 9, at the Indianapolis Arts Center in Indianapolis. Flipping Finance Challenge: Civic Super Heroes brings together coders, designers, marketers, entrepreneurs, students, and civically engaged individuals to participate in developing solutions to select local challenges, and among members of the fourth cohort of participating units of government is the City of Jasper.
Other participants selected are the Town of Winfield and Jay County. Additionally, the Indiana Executive Council on Cybersecurity and Maverick Energy Consulting have been selected as owners of challenges relating to cybersecurity and energy budgeting for local government.
Challenges span a wide range of topics and subject matter including marketing, communications, finance, urban development, non-profit management, process improvement, transportation, youth leadership, economic development, cyber security and more. Problem solvers will select which challenge(s) they want to work on and design a unique and custom solution. Jasper’s challenges include how the city might repurpose a former nine-hole golf course, located in a flood plain, into a community asset,
Click here for more information on all 14 challenges at Flipping Finance Challenge 2022.
At the kickoff event, attendees will have the opportunity to interact with featured communities and challenge owners to conduct further fact finding. Following the kickoff, problem solvers will have a full week to craft and design solutions with a virtual submission due on Friday, April 15, at 11:59 p.m. Submissions will include both a 10-minute video presentation and written abstract of one to two pages, along with any supplemental information relevant to their solution. On Saturday, April 23, Flipping Finance Challenge 2022 will conclude with a virtual awards ceremony in which $5,000 and the first ever Indiana Treasurer of State’s Award for Innovation in Public Finance will be presented to top teams and individuals.
The Bond Bank encourages anyone who is interested in helping units of government create innovative solutions to their most pressing challenges to complete the free registration here and join the event.
Organizers believe featured communities and challenge owners will leave the Flipping Finance Challenge with solutions that they did not have prior to the event. That collaborative problem-solving approach is designed to align with Indiana Bond Bank’s philosophy, according to Executive Director Mark Wuellner. “If our standard answer to every challenge is to issue a bond, then we will have failed,” he said. “It’s our responsibility to partner with Hoosier communities as they face complex, ever-evolving issues. Creating the Flipping Finance Challenge embodies that vision. We’re so excited to see Hoosier innovation deliver new solutions for our featured communities.”