Deadline: 16 May 2024
How to win an SIA award? The most promising projects receive the Social Impact Award, an internationally recognized award that will give your project visibility, partnership opportunities and pre-seed funding.
The Social Impact Award connects the most promising entrepreneurial ventures with various stakeholders both at the national and international level. Award winners also receive a one-time investment and access to the annual SIA Summit, an international gathering of social entrepreneurs from all SIA countries.
The Social Impact Award addresses young social innovators who want to try to solve current social or environmental problems in an innovative way by establishing projects, initiatives or organizations. Businesses can be established in various fields, such as poverty alleviation, health, education, environment, energy, information and communication technologies, human rights, equal opportunities, care and many others.
Awards
- There are two types of rewards:
- Jury awards: 3 teams win the jury award, which includes: a monetary award in the amount of €1,500 each, three months of additional mentoring support and covering the costs of one team member’s trip to the international SIA Summit, which will be held in Munich in November 2024.
- Community Award: 1 team wins a community award which includes; three months of additional mentoring support and covering the costs of one team member’s trip to the international SIA Summit to be held in Munich in November 2024.
Eligibility criteria
- Through consistent application criteria, we succeed in achieving our mission of helping young people take their first steps in the world of social entrepreneurship. Applications for the SIA program must meet the following criteria:
- In order to maintain the youth focus of the program, all team members must be between 14 and 30 years of age.
- Ideas that have not yet been implemented, as well as those that are in the early stages of implementation, are welcome. However, ideas in the early stages of implementation can only be submitted if the project was established after January 1 of the previous year (2023).
- Applicant projects must not have received significant formal start-up funding prior to application. Formal grants from external sources that exceed the value of 3,000 euros (for example, investments, grants, monetary awards, etc.) are considered significant funds.
- The applicant must not have already participated in SIA incubation with the same idea that he is now applying for, nor must he have previously won an SIA award.
For more information, visit Social Impact Award.