Apply for $20,000 Rockefeller Foundation-Acumen Student Social Innovation Challenge 2019
Deadline: October 15, 2019.
Apply for $20,000 Rockefeller Foundation-Acumen Student Social Innovation Challenge 2019
Acumen, with the support of the The Rockefeller Foundation, is equipping student innovators to solve problems associated with poverty through a global challenge platform. Student teams from around the world are coming together to explore areas of opportunity, develop ideas, and pitch for funding and mentor-ship.
In addition to supporting on campus competitions, Acumen and The Rockefeller Foundation are hosting a Virtual Challenge with the aim of inspiring and equipping students from all over the world with the skills and support to solve problems associated with poverty.
Phases
Phase 1 — All Participants: Register for Lean Startup and Submit Your Idea
- Register for the Lean Startup online course before October 15, 2019
- Complete the course and submit your social venture idea before November 26, 2019
- Top teams will be invited to join the Student Social Enterprise Accelerator
Phase 2 — Finalists: Student Social Enterprise Accelerator
- Our online Student Social Enterprise Accelerator will begin on January 27, 2020
- Develop your idea with one-on-one coaching, peer mentoring, and case studies
- Pitch your social venture to a panel of judges before March 13, 2020
Phase 3 — Winners: Receive Funding and Join the Community of Social Innovators
- Winning teams will receive up to $20,000 from a funding pool of $100,000
- Winners will also be invited to join Acumen’s Community of Social Innovators to receive ongoing support from a network of Acumen Fellows, social entrepreneurs, and change-makers
Apply for $20,000 Rockefeller Foundation-Acumen Student Social Innovation Challenge 2019
Eligibility
Anyone can participate in the Virtual Challenge (and compete for $20,000 in funding per team!), so long as you meet the following eligibility and participation requirements:
- Form a team of two people or more. At least one team member must be actively enrolled at a higher education institution.**
- Complete 4 of the 5 assignments in the Lean Startup course (including the final assignment) and submit an application for the Accelerator program. At least two team members must complete the Lean Startup course.
- Interview for and be selected to participate in the Student Social Enterprise Accelerator program.
- Participate in at least 7 of the 8 Accelerator Learning Labs and submit all assignments, including a final pitch deck. The pitch deck must include a budget for the prize funding and a three-month work plan including key milestones and dates.
**Enrollment at a higher education institution is defined as taking one or more courses that earn credit towards an academic degree
Apply for $20,000 Rockefeller Foundation-Acumen Student Social Innovation Challenge 2019
Read also: Chivas Venture $1M Startup Competition 2020 for Social Entrepreneurs
JUDGING CRITERIA
Acumen’s panel of judges will be looking for solutions that demonstrate:
- Understanding of the customer problem you’re trying to solve, illustrated through customer interviews and feedback
- A minimum viable product for your solution that has tested customer willingness to pay
- Defined theory of change with clear social impact measurement to quantify progress towards theory of change
- Strong value proposition in the context of the competitive landscape and system
- Clearly defined financial model that demonstrates understanding of an obtainable target market and a pathway to financial sustainability
- Submitted ideas for consideration will need to engage or improve the lives of the poor
- Submitted ideas for consideration can include for-profit business models or non-profit business models
- Solutions that focus on serving marginalized, vulnerable, and low-income populations in the following sectors will be prioritized: energy access, healthcare, financial inclusion, workforce development, and food systems/agriculture
For more info visit Rockefeller Foundation-Acumen Student Social Innovation Challenge 2019
As a leading business development service provider in Nigeria, Dayo Adetiloye Business Hub has been recognized and certified by Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) in Conjunction with Enterprise Development Centre (EDC), Pan-Atlantic University (PAU) of the Lagos Business School (LBS).
Our solutions are designed for MSMEs and are supported by deep insight into various industries and extensive experience acquired from over the years by supporting our clients as partners in their business transformation.
Through our services and business activities, we help individuals/entrepreneurs transform their business ideas into a business venture, and support existing business to scale or expand their operation. We also connect startups and MSMEs with opportunities and resources for their business growth.
We have Consulted for more than 5000 MSMEs in the last 6 years in various industry including Agro-processing, Consulting, Training and Education, Financial Services, Waste Management, Renewable Energy, Oil and Gas, Construction, Real Estate, FMCG, Digital Marketing, Personal Branding etc.
Our Vision:
To become the leading grassroot business Hub that provides Business
Development Services in the global online community
Mission Statement:
- Provide bespoke management and business planning consultancy
- To connect MSMEs with opportunities and resources for their business startup, growth and expansion through trainings, seminars, coaching, consulting, mentoring, and Angel investing.
- To inspire, empower and champion entrepreneurship in the global online community.
Business Goals and Objective
- Engender national prosperity by contributing to the creation of at least 100 new businesses every year
- Become a go-to brand for outstanding business development services for MSMEs
- Strategic partnership with local and international organization to empower start-ups
- Continuous innovation to serve our clients better
Core Values:
Integrity
Opportunity Maximization
Digitalization
Personal Development (Capacity Building)
Excellent Customer Satisfaction
Timeliness
- On-Demand Pay - January 31, 2023
- Top warehouse locations in Sharjah - January 26, 2023
- An Advanced Guide for Those Looking to Invest in Cryptocurrency - January 24, 2023