Are you a social entrepreneur? Do you have any disruptive and scalable idea with the potential to change the world? Then the Forbes Under 30 $1M Change the World Competition is for you.
The competition is open to both nonprofit and for-profit enterprises. It is not a business plan competition so organizations or companies must already be in operation and the prize money should be utilized to accelerate the most promising ideas.
Five or six finalists, selected from the complete pool of competitors, will receive a cash award of $100,000 USD. They will then compete on-stage at the Forbes Under 30 Summit in Philadelphia on October 6, 2015 in front of 2,000 world-class mentors and the best young entrepreneurs and game-changers in the world, as culled from the Forbes 30 Under 30 lists.
The overall winner will receive at least $400,000 USD in additional cash and in-kind support, bringing their award total to at least $500,000 USD, and the overall award total to $1,000,000 USD.
The challenge is open to:
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Active social entrepreneurs who are under the age of 30 at the time of the competition (i.e., born after October 6, 1985) who are a founder, co-founder or top executive of their organization.
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Applicants from anywhere in the world.
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Those who are already actively engaged in a social enterprise – this is not a business plan contest, but rather one that will reward and accelerate those entrepreneurs already making a difference.
- Both nonprofit and for-profit social entrepreneurs – finalists will come from both categories.
All submissions must be submitted on HeroX.com. Applications will be screened by the Wharton Social Impact Initiative of the University of Pennsylvania. The finalists will be announced in early September, before competing on the main stage at the Forbes Under 30 Summit on October 6.
The competition schedule is as follows:
Date |
Milestone |
July 22, 2015 |
Challenge opens |
August 26, 2015 |
Submissions deadline, 11:59PM Eastern Time |
September 9, 2015 |
Finalists announced |
October 6, 2015 |
Forbes Under 30 Summit and Winners Announced |
To submit an entry, register here