THE CHALLENGE.
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5 finalists will be selected to compete in the final challenge held virtually on Feb 22th, 2024
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Top 3 winners receive a year of customized monthly mentoring with EPIC leadership.
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Remaining 2 finalists receive 3 months of monthly mentoring with EPIC leadership.
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Top 3 winners receive a monetary prize enabling them to facilitate a commercial proof of concept.
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Top 5 receive personalized feedback from the judges, who are leaders in business and impact investing.
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Applicants will join a network of like- minded entrepreneurs working toward ending poverty.
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Applicants receive 10 free virtual "seats" at the final challenge for friends and family.
DEADLINE FOR APLICATIONS: 31 December 2023
GUIDELINES.
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The Social Venture creates jobs for unemployed youth and delivers affordable social impact for low-income communities
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The Social Venture adresses a poverty reduction or SDG Challenge.
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The Social Venture model prioritizes social impact over financial gain.
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The Social Venture is transformative and potentially scalable to over 100 million people
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The Social Venture generates a sustainable funding stream.
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The Social Venture’s product or service is environmentally sustainable.
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The social entrepreneurship leadership team is tenacious with a pragmatic vision.
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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
EXECUTE SOCIAL
VENTURE LOCALLY
MARKET RESEARCH & DEVELOP A PROTOTYPE , FIELD TEST IT IN COMMUNITY
SCALE NATIONALLY WITH
SOCIAL FRANCHISING