Deadline: 8 June 2025
Do you have an idea that can change the world? Don’t let your idea remain just a dream! Now is your chance to learn, meet people who can change your future, and take the first step towards an impactful business. Apply Now!
The incubation provides you with all the resources and support you need to turn your idea into a successful business. As they only have limited places available, they ask all interested parties to apply.
Benefits
- 1-on-1 mentoring with top leaders in Romania – learn directly from those who have succeeded.
- Intensive workshops – refine your idea, learn to develop your business and attract investors.
- Mountain bootcamp – an epic weekend with people with the same dreams and ambitions as you.
- Micro-financing for testing your idea – the first concrete steps towards reality.
- Direct access to investors and cash prizes – you have the chance to take your idea to the next level!
Eligibility Criteria
- By maintaining a consistent eligibility criteria, they are able to fulfill their mission of helping young people take their first steps into the world of social entrepreneurship. Applicants must meet the following criteria:
- To ensure they maintain a focus on youth, all members of the core applicant team must be legally between the ages of 14 and 30.
- They welcome both ideas that have not yet been implemented and ideas that are 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.
- Applicants’ projects must not have received significant official seed funding by the time of application. This is defined as formal subsidies from external sources exceeding a value of EUR 6,000 (e.g. angel investments, grants, prize money, etc.).
- The applicant must not have participated in the SIA incubation with the same idea with which they applied and must not have won the Social Impact Award in previous years.
Selection Process
- Eligibility criteria
- Their local SIA team reviews all applications to ensure they meet the formal eligibility criteria.
- Jury selection
- Their jury of experts from the private and public sectors evaluates applications based on their evaluation criteria
- Announcing the finalists
- Their local team announces the finalists who will be able to participate in the incubation at a dedicated event.
- App feedback
- Their local team offers all applicants (not just finalists) the opportunity to receive feedback on their application.
For more information, visit SIA.
