THINK YOUR SOCIAL VENTURE HAS WHAT IT
TAKES TO BE EPIC?
EPIC, the End Poverty Innovation Challenge is focused on engaging the next generation of social entrepreneurs from post secondary institutions worldwide in developing the next generation of social ventures that lift the livelihoods of the poor.
The social venture addresses a clear social problem that authentically raises the livelihoods of the poor.
The social venture changes systems, not just symptoms of the problem.
The social venture model prioritizes social impact over financial gain.
The social venture is transformative and potentially scalable to over 100 million people
The social venture generates a sustainable funding stream.
The social venture’s product or service is environmentally sustainable.
The social entrepreneurship leadership team is tenacious with a pragmatic vision.
The social venture’s mission is non-secular and non-partisan.
*EPIC competition guidelines are abstracted with additions from “The Power of a Simple and Inclusive Definition” by Elizabeth Garlow & Rich Tafel as published in the Stanford Social Innovation Review May 22, 2013
SIX STAGES OF SOCIAL ENTREPRENEURSHIP
ASSESS THE POVERTY REDUCTION CHALLENGES IN YOUR COMMUNITY
CONDUCT A COMMERCIAL PROOF OF CONCEPT
CREATE A SUSTAINABLE SOCIAL VENTURE THAT MEETS A CHALLENGE
MARKET RESEARCH & DEVELOP A PROTOTYPE , FIELD TEST IT IN COMMUNITY
SCALE NATIONALLY WITH