Why This Challenge Matters
Understanding the Global Challenge
The Delmarva Power Global Challenge Sustainability Conference bridges academic learning and real-world impact by engaging students in the challenges of inclusive and sustainable industrial development. The challenge is aligned with United Nations Sustainable Development Goal 9.3, which focuses on advancing inclusive growth by expanding access to financial services and strengthening market integration for small-scale enterprises, particularly in developing economies.
Around the world, small-scale enterprises face persistent barriers to growth, including limited access to affordable finance and restricted participation in value chains and markets. These challenges are especially pronounced in developing regions, where small enterprises are vital to employment creation, innovation, and inclusive economic progress.
Through this challenge, students play a critical role in addressing these barriers by designing practical, evidence-based solutions that promote financial inclusion and expand market access.
The Delmarva Power Global Challenge Sustainability Objectives
At the Global Challenge, we are driven by a set of clear goals and objectives that guide our mission to discover solutions to the United Nations’ Sustainable Development Goal #9.3 – Building resilient infrastructure, promoting inclusive and sustainable industrialization.
1. Foster Innovation
Encourage student teams to develop creative and scalable solutions that address barriers to small enterprise growth, including access to finance and market participation.
2. Promote Collaboration
Facilitate collaboration among students, industry experts, policymakers, and community stakeholders to explore integrated solutions that connect small enterprises to financial systems and markets.
3. Raise Awareness
Increase understanding of the role small enterprises play in economic development and the importance of financial access and market integration for sustainable growth.
4. Empower Students
Equip students with the skills, confidence, and real-world experience needed to lead innovative initiatives that support inclusive economic development.
5. Drive Impact
Advance practical, actionable solutions that strengthen small enterprise participation in financial systems and value chains.
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