Canada's FutureFit AI Wins $1M Challenge and US Government Top Awards
24 Oct, 2018, 09:00 ET
AI-powered Future of Work start-up is the only Canadian entry selected by the US Department of Education as top innovation and wins TD Ready Challenge in partnership with JFF
TORONTO, Oct. 24, 2018 /CNW/ -- FutureFit AI, the AI-powered upskilling/reskilling solution for companies and governments, today announces it has won two prestigious awards recognizing innovations re-imagining the future of work and learning: TD Bank's Ready Challenge in partnership with JFF as well as US Department of Education's Reimagining Higher Education Ecosystem Challenge.
"These awards substantiate FutureFit AI's work in helping learners and workers discover and pursue future-proof skills and careers in the age of AI and automation without being limited by their age, stage or background," said Hamoon Ekhtiari, Founder and CEO. "With up to 1 billion people requiring new skills by 2050, the future of work presents a challenge for both corporate executives and government leaders. We need a Google Maps for the Future of Work to re-imagine hiring, higher education, learning and training."
Like a digital map, FutureFit AI powers individuals to 'explore' the world of skills and careers, allowing them to set a 'destination' of where they want to go next, 'locates' their starting point of capabilities and experiences and recommends 'pathways' for how to get there, while providing human supports along the way. The platform uses AI to provide recommendations based on labour market information.
FutureFit AI emerged from and builds upon the work of AudaciousYou which reimagines higher education debt-free, degree-free, lecture-free model and guarantees an interview with leading employers such as Deloitte, TD, RBC, Sun Life and CIBC.
In addition to being selected as a Top 25 Finalist and a Judges' Winner in the US Department of Education Challenge, FutureFit AI was one of two People's Choice Winners in a competitive field that included submissions from major players including Google, Harvard & MIT's edX and JetBlue. For the TD Ready Challenge, FutureFit AI is partnered with JFF, a leading nonprofit driving transformation in the American workforce and education systems.
"FutureFit AI has brought forward a creative and scalable solution to address the uncertainty associated with technological acceleration and the future of work." said Andrea Barrack, Vice President, Global Corporate Citizenship, TD Bank Group. "Being a winner of the TD Ready Challenge is a testament to the skill, ingenuity and vision of its creators, as well as their dedication to opening doors to a more inclusive and financially secure tomorrow."
About FutureFit AI
FutureFit AI is the AI-powered upskilling and reskilling solution and is committed to helping future-proofing 1 billion people by 2050 through working with businesses and governments around the world.
For more information about FutureFit AI, visit their website.
For more information about Reimagining Higher Education Ecosystem Challenge, read the official announcement.
For more information about the TD Ready Challenge, visit their website.
For more information about JFF, visit their website.
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SOURCE FutureFit AI
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