One Young World, The Rwanga Foundation and School For Startups are excited to announce the launch of The Rwanga Social Startup Competition, an initiative of One Young World Ambassador, Rebaz Zedbagi.
Three winners will each receive a grant of $20,000 for their social startups.
All One Young World delegates and Returning Ambassadors are invited to apply – whether their business is an active startup or whether it’s still an idea that they’d like to see realised.
The One Young World Social Business Accelerator is looking for disruptive, innovative startups which make a meaningful social impact.
The application process will close on September 21 and shortlisted applicants will be asked to provide a full business plan. Six finalists will be chosen from the shortlist and will have an exclusive Google Hangout with Doug Richard to learn his top tips for pitching to investors.
Each finalist will have a three minute elevator pitch on stage at One Young World to convince the audience that their business deserves a grant of $20,000. They will also face questioning from a panel of One Young World Counsellors, led by Dragons’ Den’s Doug Richard.
The winners will be decided through a combination of a live audience vote and the judges’ scoring.
Rwanga Foundation’s mission is to assist the most vulnerable of the populace in Kurdistan, Iraq and in the greater global community. Founded by One Young World Ambassador, Idris Barzani, Rwanga strives to contribute in the positive aspects of development in society with special consideration to education, health and environment and steer toward a better future. http://www.rwanga.org
Started by serial entrepreneur Doug Richard in 2008, School for Startups has custom tailored a range of programmes to support national and local government initiatives and non profit groups to help spur local economic growth at a grassroots level.
School for Startups is a social purpose business and devote a portion of their profits to helping needy entrepreneurs through bursaries to their programmes and social loans to early stage entrepreneurs. http://www.schoolforstartups.co.uk/
The One Young World Social Business Accelerator was established following the One Young World Summit 2011 in Zurich after one delegate was inspired by Muhammad Yunus and asked if One Young World could provide support to social businesses. Since then, OYWSBA has supported 10 social businesses around the world. http://www.oneyoungworld.com/social-business-accelerator