World Vision is launching its 4th Annual Social Innovation Challenge aimed at the best and brightest innovators. The Social Innovation Challenge is an annual pitch competition for innovators looking to make a social impact on the world by creating business solutions that address some of the world’s most difficult development challenges in vulnerable communities.
The Social Innovation Challenge provides innovators with an opportunity to develop their business ideas over the course of one-year through ideation support, technical advisory services, and the expertise of World Vision Canada to market test their solutions. Unlike any other pitch competition, SIC is an iterative process whereby entrepreneurs and community members abroad collaborate on solutions to create a bigger impact. The 2018 – 2019 Challenge will tackle the issue of waste disposal in Iloilo City, Philippines.
The Social Innovation Challenge pitch competition will take place in Toronto in June 2019. The winning team will receive a grand prize of $25K in seed capital and a 1-year commitment from World Vision Canada for business development support.
Applications for the Social Innovation Challenge officially opened on November 1, 2018. Final deadline for submission is February 22, 2019. Updates, resources and the submission portal will be accessible online on the Challenge website. The challenge is open to any entrepreneur at the idea stage of business development.
For more information, be sure to subscribe to the Social Innovation Challenge newsletter and sign up to the Challenge on the website: http://challenge.worldvision.ca/en/