An Opportunity for Social Entrepreneurs to Win Valuable Prizes from Empowering People. Network 2018
Applicant criteria
- Both
Opportunity criteria
Opportunity description
Empowering people. Network organization is calling on social entrepreneurs and developers across the world to win a chance to springboard to a sustainable future! The award is open for individuals, teams, organizations or enterprises from any region in the world.
A submitting enterprise has to follow values such as fairness, social responsibility and must not be a microfinance institution or private equity fund.
They are looking for relatively simple, appropriate technical products and solutions in the categories Energy, Financial Technology, Food and Agriculture, Healthcare, Water and Sanitation, Mobility and Infrastructure, Waste Management, and Education and Training. Each product or solution submitted has to be implemented in a business-based project.
You can be a winner if your organization:
[1] Resolves basic supply gaps in developing regions
[2] Uses a technically feasible solution
[3] Is based on a sound social business concept
[4] Consists of passionate people
Evaluation criteria:
[1] Technical functionality and feasibility (resources at hand, functionality and reliability in local conditions).
[2] Environmental performance.
[3] Potential to help solve basic supply problems.
[4] Income generation, job and training opportunities.
[5] Business model and financial resource.
[6] Proof of Concept (time of operation, revenue streams, earnings).
[7] Financial planning and scaling options.
[8] Team competence and experience.
[9] Organizational structure.