Social entrepreneurs from Nigeria, Kenya and South Africa have been invited to apply for Chivas Venture competition, a global competition for a chance to winning a share of $1 million.
The competition is open to founders who are using their businesses and startups to change the world for the better. They’ll compete for a chance to win training, funding and exposure on a global scale. The Chivas Venture has positively impacted over two million lives to date.
Jean-Christophe Coutures, Chairman and CEO of Chivas Brothers, parent company of Chivas, said: As we kick off the sixth year of the competition, it is incredibly uplifting to know that so many entrepreneurs across the world are continuing to use business to tackle a whole host of social and environmental issues that threaten our future on this planet.
“To date, Chivas Venture finalists have provided over 34 million litres of safe drinking water, recycled over 1,300 tonnes of waste and provided 75,000 days of education for women and girls – to mention just a handful of their many accomplishments.
“That’s why, through the Chivas Venture, we want to continue to harness the power of the world’s purpose-driven innovators and help accelerate their impact.”
Every year, social entrepreneurs from around the world win a share of $1 million in social funding to help them reach their social goals at the #ChivasVenture. Are you one of them? Applications are now open! https://t.co/z2vqrOf467 pic.twitter.com/j2Ej17TZdS
— Chivas Venture (@ChivasVenture) September 10, 2019
Eligibility
1.) The founder, co-founder or a key decision-maker who will represent your business throughout the competition.
2.) You must be aged 21 years old or over (as of 31 October 2019), and speak fluent English.
3.) Your start-up must already be registered as a for-profit entity in the country you’re located, and earn no more than $1.5 million in annual revenue (from 1 September 2018 to 1 September 2019).
Prize:
1.) If you are selected to take part in the global final, you will have the opportunity to win a share of $1 Million in funding.
2.) Each finalist will have the chance to tell us how much funding they seek and how they believe this will make a difference for their business.
3.) The first $100,000 of the fund will be allocated by the public, via a 3-week online vote. The Finalist with the most votes will receive $50,000. The 5 Finalists with the next 5 highest numbers of votes will receive $10,000 each.
4.) The remaining $900,000 of the fund will be allocated by the judges at the Global Final: $750,000 will be distributed amongst the top 5 finalists at the Grand Final, and $150,000 will be shared amongst the 5 Semi-Finalists and 10 Quarter-Finalists who didn’t make it to the Grand Final.
Click here to apply on or before October 31st 2019 and visit https://www.chivas.com/en-en/the-venture/apply for more details.
