Competition for Social Enterprises from Ashoka Arab World and a Chance to Win Valuable Prizes
Applicant criteria
- No specific age required
- Both
Opportunity criteria
Opportunity description
Ashoka Arab World is pleased to announce Deloitte Accelerator for Social Innovation in the Middle East program (DASI) that aims to help address the region's social challenges by empowering and supporting small and medium-sized social enterprises to grow and scale their impact. DASI's components include a regional competition across 13 countries to identify two winning innovative social enterprises that will receive customized Deloitte support packs of advisory services, mentorship, networking opportunities, and skills development valued at over US$ 100,000.
Competition categories:
You will be able to participate by choosing one of two categories:
- (A) A social enterprise that meets the DASI applicant criteria including the criterion on women founders owning at least 80% of shared of the enterprise.
- (B) A social enterprise that meets the DASI applicant criteria excluding the criterion on women founders owning at least 80% of shares of the enterprise.
Benefits
The winner social enterprise will have:
- Equity-free advisory services
- Two winning social enterprises - one from each competition category - will receive customized advisory services from Deloitte of a value up to USD 50,000 each, based on need. Deloitte will not take equity in return for its services.
- Relationship project leader
- Each winning organization will be assigned a Deloitte project leader to manage the relationship of the social enterprise with Deloitte during the duration of the program.
- Mentorship and skills-development
- Each winning organization will be matched with Deloitte and/or Ashoka mentors to provide support and mentoring during the acceleration period in addition to skills-development opportunities.
- Networking and knowledge-sharing
- The winning organizations will get access to networking opportunities/events and access to Deloitte's wide network as relevant and appropriate.
- Regional and international exposure
- Exposure of your organization and/or service or product as part of the communications and public relations campaigns that will be run by Deloitte.
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Eligibility criteria
The social enterprises should meet the following criteria:
- Social enterprises including companies or NGOs that operate with a social or environmental purpose while having a viable business model and sustainable revenue stream.
- Social enterprise at the early stage level, minimum of two years of operating accounts with year-on-year growth.
- The social impact of the social enterprise needs to be evident.
- Innovation: Innovative idea or product or service.
- Business model: Clear and healthy business model based on sustainable revenue streams.
- Strong and qualified leadership willing to commit to the program.
- Support need: Clear and realistic articulation of the type of support and assistance required from Deloitte.
- Only for competition category A: a social enterprise managed by women or with women founders owning at least 80% of shares.
- Social enterprises that are aligned with at least <1> of the following themes:
- Education & skills-building
- Women advancement
- Health & well-being
- Environmental sustainability
- Humanitarian action
Judging criteria:
Your application will be judged based on the following criteria:
- Social impact
- Scalability
- Innovation element
- Leadership
- Needs match
- Women's ownership of shares (only for competition category A)
About Ashoka Arab World (AAW):
Ashoka is the largest specialized organization that adopts social creators around the world. Since its founding more than 30 years ago, Ashoka has been able to create the conditions by providing technical and financial support to build a large-scale global network of 3,000 social innovators who were selected as Ashoka Fellows in 70 countries around the world, Ashoka is the specialized institution that supports entrepreneurship for individuals. From its regional office in Cairo, Ashoka Arab World (AAW) creates a competitive, entrepreneurial, and globally integrated citizen sector and develops the profession of social entrepreneurship.
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