Forbes is calling on social entrepreneurs around the world with disruptive and scalable ideas that have the potential to change the world positively, to send in their applications for the Forbes under 30 $1 million change the world competition. The competition is open to potential non-profit and for-profit applicants who are not above 30 years of age and whose businesses are currently operational.
The Plan
Five or six finalists, selected from the complete pool of competitors battling to 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.
Requirements
Applicants are expected to send in a submission (in English) that consists of 30 questions of which they are required to provide complete short answers to, upload documents, and create short videos. This is not a business plan competition but rather, a reward and acceleration program; interested participants are expected to already have a functioning social enterprise.
Deadline for submission is August 26, 2015 at 11:59PM Eastern Time. No late entries will be accepted. Applicants are urged to plan ahead as to avoid any technical issues with browsers during the last few minutes.
Applicants who make the first cut-off will be asked for follow-up information; telephone interviews may be requested. Finalists will be notified by September 9 and must be able to travel to Philadelphia, Pennsylvania from October 5-6, 2015 for the Forbes Under 30 Summit. A full-pass to the Summit will be provided; finalists are responsible for their own travel expenses. International applicants need to be mindful of visa and other logistics issues
The total award for the competition will come both in cash and kind from sponsoring organization like The Charles and Lynn Schusterman Family Foundation, the Case Foundation, the Pratt Foundation, the Keywell Foundation and entrepreneur Bob Duggan, Forbes is also offering support with advertising grant in kind.
Click on the link provided here to find out how you can send in your entries.
image source:schusterman.org
