The Breakthrough Innovation Grant (BIG) competition has been launched to award a grant of up to US $20,000 to the most innovative business ideas that will have an impact on poverty alleviation in the Philippines.
Jointly organized by the Fisherman Foundation, the SEVEN Fund, and the University of Asia and the Pacific-Center for Social Responsibility, the competition is looking for small and medium-sized enterprises (SMEs) as well as social entrepreneurs whose ideas can serve as drivers for poverty alleviation and social improvement. Proposals must be innovative, resourceful, scalable, and fit the particular needs of the Philippines to drive wealth creation.
Who is Eligible to Participate?
This competition is open to all participants globally.
- Entries may be from an individual 18 years of age or above, a team of up to 10 people (all of whom 18 years and above), or a registered entity.
- Excluded from participation are: staff members of the University of Asia and the Pacific (UA&P) and their relatives up to third degree of consanguinity, staff members of the Fisherman Foundation and their relatives up to third degree of consanguinity, staff members of the S.E.Ven Fund Consortia and their relatives up to third degree of consanguinity.
The deadline to submit entries for the competition is 15 March 2011. For more, visit this link.