SIA Social Entrepreneurship Incubation Program – Croatia

The incubation provides you with all the resources and support you need to transform your idea into a successful venture.

Although the most promising incubation ventures receive the SIA Award, the experience provides all finalists with skills and knowledge that will help them throughout their journey through social entrepreneurship.

Benefits

Incubation offers participants the following benefits:

• Individualized support: the group of experts and mentors offers you personalized guidance in finalizing and prototyping your business and impact models at every step.
• Meaningful connections: you are part of a group of like-minded young people with whom you can build lasting relationships and exchange ideas.
• Global exposure: You can generate your first followers and increase visibility by voting in the community, an annual campaign where thousands of people vote for their favorite ventures.
• Key resources: The most promising ventures win one of the prizes, including funding, recognition and a ticket to the annual SIA Summit. You’ll also have access to additional perks that may include co-working space, unique partner opportunities, and more.

Opportunities

Successful applicants have access to a wide range of opportunities, including the following:

• Mentoring and support in validating business models and influence models, creating idea prototypes, creating the first followers and clients.
• A chance to win an SIA prize that includes funding, recognition and a ticket to the annual SIA Summit.
• Connect with an international alumni community of more than 1,000 social entrepreneurs from more than 25 countries.

Eligibility Criteria 

By maintaining consistent eligibility criteria, they are able to fulfill the mission of helping young people take their first steps into the world of social entrepreneurship. Applicants must meet the following criteria:

• In order to maintain the youth focus of the offers, all members of the core applicant team must be between the ages of 16 and 30.
• They welcome both ideas that have not yet been implemented and ideas in the early stages of implementation. However, ideas in early implementation can only be submitted if the project was founded after January 1 of the previous year.
• The projects that submit an application must not have received significant formal funding to start a business by the time of submitting the application. This is defined as formal grants from external sources exceeding the value of EUR 6,000 (eg angel investments, grants, prize money, etc.).
• The applicant must not have participated in the incubation of SIA with the same idea with which he applied nor received an SIA award in previous years.

For more information, visit Social Impact Award.