Impact Innovation Lab to promote Social Innovation – Hong Kong

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Deadline: 29 December 2023

Recognising the needs of the social innovation ecosystem in Hong Kong, Impact Innovation Lab (The Lab) is a new incubator that promotes social innovation to the general public and nurtures potential social innovators aged 18 or above.

Organised by MakerBay Foundation and funded by The Social Innovation and Entrepreneurship Development Fund, The Lab launches open calls every year. A variety of social issues are open for discussion. Potential social innovators will join a series of face-to-face and online training sessions to enrich their knowledge and skills in developing social innovation ideas to support the underprivileged. In addition, The Lab provides seed capital of up to HK$100,000 for awarded incubatees to actualise their visions with support from veterans and experts across different sectors and resources from a well-developed makerspace.

Objectives

Engagement
- To promote social innovation to the general public and engage potential social innovators
Incubation
- To incubate early-stage social innovation ideas
- To nurture participants with an entrepreneurial mindset and essential skills to actualise their visions
Collaboration
- To foster growth and collaboration in the social innovation ecosystem

Programme Framework

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Learning
- Develop an Entrepreneurial Mindset
  - Elementary Training
    - Introduction to Social Innovation
    - Bootcamps
    - Maker Skills Workshops (Woodworking, 3D Printing, Laser Cutting, AI & No-Code)
    - Weekly Tutorial Classes
  - Mentorship
  - Social Innovation Exploration Series
Pitching
- Strive to Actualise Social Innovation Ideas
  - Proposal Submission
    - First Pitch
    - Final Pitch
Nurturing
- Test & Grow the Social Startup
  - 6-month Incubation for Awarded Projects with
    - Seed Capital Grant of up to HK$100,000
    - Free Use of Makerspace & Co-working Space
    - Support to Prototyping and Testing
    - Guidance & Insights from Experienced Practitioners
    - Networking Opportunities
    - Business Referral Support
    - Promotion Platforms

Eligibility Criteria

Aged 18 or Above
- Permanent Residents of Hong Kong aged 18 or above
Team Size
- Be a team of 1 to 5 members for proposal submission (Can join individually before proposal submission)

For more information, visit MakerBay Foundation.