Deadline to
enter is Friday, December 4, 2015
The SSVP was established by the Bertha Centre for Social
Innovation and Entrepreneurship in
response to the relative paucity of African teams at global social business
plan competitions, and the lack of technical, financial and institutional
support and sponsorship at their disposal.
By supporting social ventures in
Africa, the SSVP aims to improve the participation and performance of these
teams in international social business plan competitions such as the Global Social Venture Competition and the Hult
Prize.
As part of the SSVP, high potential teams are provided with the
necessary support with a view to connect ideas and business skills to produce
more scalable and robust social ventures that have the ability to create
significant social change in the global context.
The SSVP is supported by a number of
local foundations, businesses and investors, namely, SAB
Foundation, Bertha Foundation, and Edge
Growth.
Eligibility:
To qualify
for the Competition, a proposed venture must:
·
The ventures should not be a wholly
owned subsidiary of an existing entity.
·
Ventures must not have received more
than $250 000 in funding and its lifetime revenues should not exceed $500 000
as of 31 December 2015.
·
Plan to be financially sustainable or
profitable; whether it is for profit, non-profit or a hybrid business model, it
must be self-sufficient on its earned revenue.
·
Be scalable. This criterion will be
unique for each business plan. Scalability will take into account the potential
for growth of the business (and how well both the financial and social goals
can be scaled).
·
Have a quantifiable social and/or
environmental bottom line incorporated into its mission and practices.
·
Submitted ventures must be less than two
years old. (The start of the venture is marked by incorporation or first income
whichever occurred first as at 31 December 2015.)
Team Eligibility
·
Each entrant team must include at least
one current or recently graduated student (within two years from graduation)
from any post-graduate higher education programme from any African university /
institution. Team members must be African citizens.
·
Your team must include a graduate
student (current or within two years of graduation as of 31 December 2015) from
a masters-level or post-graduate higher education programme in any area of
study in the world. This student must be actively involved in the venture (i.e.
actively participating in development of the business or actively working in
the business.)
·
Your team should include a statement
describing the graduate students level of involvement.
·
The graduate student or recent graduate
must be one of the team presenters and must be available to answer the judges
questions regarding the business in the final two rounds of the competition.
·
Teams are strongly encouraged to include
seasoned entrepreneurs with relevant skills and experience.
Benefits
Eligible
social ventures will also be put forward to participate in other international
student competitions, such as the Global Social Venture Competition and the
Hult Prize and will be sponsored if invited to these international
competitions.
The top
two eligible teams will be guaranteed a place at the Global Social Venture Competition regional
round inLondon. Business plan preparation and presentation support will be
provided by Edge Growth and
Bertha Centre specialists.
As part
of the programme, high potential social venture teams will be provided with the
necessary funding and support to develop their business skills to produce more
scalable and robust social ventures that have the ability to create
significant social change in the Africa and global context.
Read carefully and if you want to know further information, please contact the stakeholder committee. Feel free to asking and contacting them. Let us be a smart applicant.
Cheers
Sukrisno-Nino (need to near)
