Deadline: 6 January 2025
100x is looking for the next generation of social unicorns – organisations affecting positive change on the scale of billions, for its Impact Accelerator Program.
They are looking for radical thinkers, the visionaries and the entrepreneurs who crave a new, better world.
Focus Areas
- You are delivering impact in at least one of their eight impact areas:
Benefits
- Driving real, impactful change – at scale, via:
- Access to LSE’s evidence-based data
- Connections with policymakers
- In-person convening opportunities
- Sharing of insights with the global research community.
- Taking social ventures to the next level, via:
- £150,000 in catalytic capital per venture
- Connections to international philanthropists & business leaders
- Bespoke support from experienced mentors
- Access to like-minded peers.
What they do not Fund
- Ideas or pre-pilot stage ventures
- Ventures that do not plan to scale their impact to achieve their mission
- Projects housed within an established, mature ventures (unless there is a plan to spin out)
- Government bodies, network bodies, grant-making foundations, financing intermediaries (unless direct end users), or similar entities.
Eligibility Criteria
- If you’re a changemaker with a social venture burning with purpose and potential, you’re in the right place. They’re all about fostering positive global change, and they welcome applicants from various backgrounds and corners of the world. They’re looking for ventures with a clear social or environmental mission, a scalable model, and a team ready to change the world.
- You MUST fit the following eligibility criteria:
- Impact-first venture: may be structured as a non-profit or a for-profit
- Can be registered and/or operating from anywhere in the world
- Delivering impact within at least one of their eight Impact Areas
- Impact achieved to date is reaching at least 10,000 end-users via either a direct B2C model or an indirect B2B or B2G (government) model
- Operating with a team of four or more full-time paid employees
- Raised at least USD 100,000 in capital from any source
- You are not applying on behalf of a government body, grantmaking foundation, financing intermediary, or similar entities.
Selection Criteria
- 100x is looking for the next generation of social unicorns – organisations affecting positive change on the scale of billions. Their selection process is rooted in a holistic evaluation of both the people and the model. Here are the key criteria they consider:
- Outstanding Leadership: They want to back social entrepreneurs who demonstrate grit, potential for growth and ambition for the future.
- Addressable Impact: Identified and evidenced impact opportunity that is sizeable and can create system-level change.
- Established proof-of concept: Developed and delivered a model with evidence to suggest it is the ‘right solution’.
- High Velocity of Change: Growing traction and there is a sense of solution being on the precipice for explosive growth.
- Distinctiveness of Solution: A quality or feature that is impressive, rare and novel.
- Cohort Fit: Alignment with their programme offerings, cohesiveness across the portfolio, and willingness to be an ambassador for 100x.
For more information, visit Impact Accelerator.
