Indiana Bond Bank Announces Winners of $5,000 Public Finance Hackathon Prize Pool


 The Indiana Bond Bank, an Indiana quasi-state agency, announces the winners of its fourth annual public finance focused design sprint, Flipping Finance Challenge 2022. 

The event awarded $5,000 in total prizes, received 29 submissions from 26 teams, and attracted almost 80 innovators – an almost 50% increase from the Flipping Finance Challenge’s prior high.

Geared toward ordinary Hoosiers with little or no public finance experience, teams came together to design solutions to pressing local government issues in and around public finance. 

Five entities presented challenge statements from which the innovators could select: the Indiana Executive Council on Cybersecurity, Maverick Energy Consulting, Jay County, City of Jasper and Town of Winfield. Each entity selected their “Top 2” solution submissions and awarded cash prizes.

And for the first time in the event’s history, the Treasurer of State, who serves as the Chair of the Indiana Bond Bank Board of Directors, awarded the “Indiana Treasurer of State’s Award for Innovation in Public Finance”. The Award served as a best-in-show, and went to Team “No Money, No Problems” for a Jay County solution.

“The Treasurer of State’s Award for Innovation in Public Finance was created to recognize creative, nontraditional solutions to local challenges,” said Treasurer Kelly Mitchell. “I was fascinated by the diversity of approaches represented in this year’s submissions, and I congratulate all participants for their diligent efforts.”

Here is the list of top prize winners for FFC 2022:

Indiana Treasurer of State’s Award for Innovation in Public Finance (FFC’s “Best in Show”): “No Money, No Problems” (Kaitlyn Wampler, Ashley Martin, Holly Serban, Monterius Hartz, Sam James)

Jay County Top 2:

  • No Money, No Problems: Kaitlyn Wampler, Ashley Martin, Holly Serban, Monterius Hartz, Sam James
  • Team Independent: Kendria Pratcher

City of Jasper Top 2:

  • PFW Extreme: Kamron Bradtke, Thaine Boehme, Samantha Hiles, Carolyn Childers
  • Team Roam: Jennifer Roam

Indiana Executive Council on Cybersecurity Top 2:

  • Cyber Paws: Gigi Nguyen, Hieu Nguyen, Nam Ho, Tom Nguyen
  • MakeaPhish: Chiung-Yi Tsai, Xinyi Liu, Farheen Samad, Yating Zhao

Maverick Energy Consulting Top 2:

  • PFW Audit 1: Nikolas Albertson, Emily Staehr, Joe Vietmeier, Evan Carnes, Ethan Shuman, Christian Perez-Guzman
  • Challengers: Linh PT Nguyen, Michael Chen, Thie Nguyen

Town of Winfield Top 2:

  • PFW Audit 1: Nikolas Albertson, Emily Staehr, Joe Vietmeier, Evan Carnes, Ethan Shuman, Christian Perez-Guzman
  • Team Bondry: Amanda Mumphrey, Erik Martinez, Marielle Rujevcan

Sponsors for FFC 2022 were Ash Interactive, Baird, Barnes & Thornburg, BondLink, Bondry Consulting, Bose McKinney & Evans, Crossroads Bank, First Merchants Bank, Frost Brown Todd, Hall Render, Ice Miller, JAM Productions, JP Morgan Chase, Key Bank, Maverick Energy Consulting, Mesirow Financial, Raymond James, Regions Bank, Stifel, Swap Financial and US Bank. Their support allowed FFC 2022 to remain cost-free to all participants, and supported generous cash awards.

Anyone interested in participating in or sponsoring 2023’s Flipping Finance Challenge may join the interest list here.

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