Chivas Venture Competition for Social Entrepreneurs 2019 (Win a share of $1 Million in funding)
Deadline: October 31, 2018
Applications are now open for Chivas Venture 2019
They are looking for social entrepreneurs from around the world who are
using business to create a better future. Every year, the Chivas Venture
gives away $1 million in no-strings funding to social entrepreneurs, who
blend profit with purpose to have a positive impact on the world.
The Chivas Venture is an annual competition to find and support the most
promising social entrepreneurs, who use business to solve social and/or
environmental issues. Since 2014, Chivas has been funding and mentoring
entrepreneurs who use business to tackle the world’s biggest social and
environmental issues.
Benefits
* Global exposure
* A share of $1million dollars in no-strings funding
* A 3-day Accelerator Programme in the UK
* A bunch of world-changing new friends.
Eligibility
* The founder, co-founder or a key decision-maker who will represent
your business throughout the competition.
* You must be aged 25 years old or over (as of 31 October 2018)
* Speak fluent English.
* Your start-up must already be registered as a for-profit entity in
the country you’re located, and earn no more than $1.5 million in
annual revenue (from 1 September 2017 to 1 September 2018).
* Candidates must apply to the competition in one of the participating
countries, for a chance to join the global final and win a share of
$1million.
To enter the competition, your business must be registered in one of the
following countries:
* Argentina or Uruguay
* Belgium
* Brazil
* Bulgaria
* Chile
* England or Wales
* Greece
* Israel
* Italy
* Japan
* Mexico
* Netherlands
* Poland
* Portugal
* Romania
* Scotland or Northern Ireland
* Slovakia
* South Africa
* USA
* Vietnam
Criteria
Every submission will be assessed across the following criteria:
* Market opportunity & Need (Is there a big social or environmental
problem to solve, and clear gap in the market?)
* Business model & Team (Do you have the right solution & team in
place to make money while doing good?)
* Measurable Social impact (Do you drive transformational impact and
do you measure it?)
* Scalability potential (Can you scale, and could you ever transform a
million lives, or end the problem you’re solving?)
* Financials (Do you have sound financial projections and will Chivas
Venture funding be catalytic of growth & impact?)
* Quality of the pitch & passion of the representative (in final
stages only)
In short – they are looking for businesses that not only have the
potential to succeed and turn a profit, but also can demonstrate that
having a positive impact is at the heart of their business venture.
Application
If your business was created to make a positive impact in the world,
they want to hear from you.
Click here to apply
For more information, visit Chivas Venture
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