Impact Shanghai to be held in Shanghai, China in September 2011 is accepting applications for great ideas on how to solve social or environmental problems. Persons who are working in a non-profit or for-profit venture addressing social and/or environmental issue in the developing world are eligible to participate in this event.
Impact is a business incubator for young, sustainable entrepreneurs dedicated to improving the lives of communities and the environment in developing countries. Impact offers existing and nascent entrepreneurs the opportunity to incubate, refine and enhance their business models with guidance from expert mentors and exposure to seed capital.
The goal of Impact is to connect these sustainable entrepreneurs with the skills and training necessary to launch businesses that are globally scalable and have the greatest potential to positively impact communities and the environment.
The entrepreneurs who apply for the program will submit information about themselves, their ideas and their solutions. Impact will screen the materials to determine the most suitable candidates. Evaluation criteria will include, among other things, innovation; scalability; highimpact potential; and, effectiveness of solution.
The short-listed candidates will be able to create portfolio-profiles on Pitch Stop, our online crowd-funding platform. Here, they can activate their networks and attract support for their venture. The first 25 ideas to raise €7,000 will receive invitations to Shanghai. This participation fee will cover all of their expenses during their time in Shanghai.
The 25 applicants selected to participate in the Impact program will be immersed in sustainable development and entrepreneurship education, professional services (e.g. accounting, legal and marketing), and networking events. The participants will learn about opportunity evaluation, market research and analysis, competitive analysis, financial analysis, and business planning. They will also take seminars focused on social and environmental issues that highlight current and future issues.
The deadline to apply is 27 May 2011. For more information, visit this link.
