31 Mar 2023 11:55
REACH: non-regulatory announcement
31 March 2023
TINTRA PLC
("Tintra", the "Group" or the "Company")
Participation in the Call to Advance Democracy
Tintra, the fast-growth Deep Tech & Banking business, is delighted to announce its participation in the US Government's "Call to Advance Democracy", issued in the run-up to the Summit for Democracy. The call focused on four areas aligned with the Presidential Initiative on Democratic Renewal:
1. advancing technology for democracy;
2. fighting corruption;
3. protecting civic space and human rights defenders; and
4. advancing labour rights.
Tintra joins over 150 companies in this initiative, including such giants of the tech industry as Microsoft, Meta, Apple and Google.
Tintra made commitments alongside various luminaries to further its commitment to our causes of financial and social inclusion.
As can be seen HERE, Tintra will provide financial and in-kind support to co-create along with USAID (United States Agency for International Development) and other partners activities under the CTC Grand Challenge to creatively harness the power of data to more easily and effectively expose and prevent corruption. We have specifically discussed the application of Tintra's patent suite in dealing with the issues specific to these organisations and how our innovations can assist.
As part of this effort (or separately so if requested) Tintra will host a hackathon/datathon in its offices with USAID's key partners, advancing solutions toward a problem identified by USAID.
In addition, Tintra will provide a paid three-month mentorship to a promising early-stage finalist identified through the CTC Grand Challenge, which will include training with Tintra's coders, and support in developing, validating, and piloting their solution.
Richard Shearer, Tintra CEO, commented, "For the past two weeks I have been on the road with various Tintra team members. From East Africa to the Middle East then New York and Washington DC, in every territory, we met with key members of the public and private sectors.
Our strategy is one to engage stakeholders across Government and multi-national bodies at the take off point rather than just at the landing. By doing this we continue to build solutions into a need rather than build a solution looking for a problem. These meetings continue to be powerful and insightful and form a key part of our commercial differentiation.
Meetings here in Washington, DC, were organised by Dr Vanessa Neumann, Tintra's Chair of Strategic Initiatives for Latin America and the Caribbean, around the 2nd Summit for Democracy. The meetings have enabled conversations with, amongst others: academics at the powerful policy-shaping think tank the Center for Strategic and International Studies (CSIS); the White House; the Inter-American Development Bank (IDB), which is the biggest lender and public-private finance coordinator for Latin America and the Caribbean, and the world's leading tech companies.
In New York, we will be meeting with one of the key agencies of the United Nations, further extending our mission to build the strategic relationships that separates Tintra from our competitors."
More information on the initiative and can be viewed online at:
Private Sector Commitments to Advance Democracy - United States Department of State
Information on USAID
Established by the executive order of President John F. Kennedy in 1961, USAID is an independent agency of the U.S. federal government that is primarily responsible for administering civilian foreign aid and development assistance. With a budget of over $27 billion, USAID is one of the largest official aid agencies in the world and accounts for more than half of all U.S. foreign assistance-the highest in the world in absolute dollar terms.
For further information, contact:
Tintra PLC (Communications Head) Hannah Haffield h.haffield@tintra.com Website www.tintra.com | 020 3795 0421 |
Allenby Capital Limited (Nomad, Financial Adviser & Broker) John Depasquale / Nick Harriss / Vivek Bhardwaj |
020 3328 5656 |
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