Startups that have been incubated in SKEMA Ventures are invited to apply before July 24 to be eligible for a chance to win.
SKEMA Ventures’ team, SKEMA’s finance department, and the SKEMA Foundation management will evaluate the projects based on the following criteria:
- Market opportunities
- The value proposition to individuals, the economy, environment, and society as a whole
- Business model and business plan
- Development plan
- Team coherence
- Details of how the award will be used
SKEMA Social Ventures Awards are financial grants provided to a startup (through capital contribution or current account) or project holder(s) to support activities related to prototyping, validation of ‘proof of concept’ (POC) or commercial development (prospecting, communication, direct marketing, promotion, etc.).
The jury will choose five projects for the award and allocate the prize money as follows:
First position: €10,000
Second position: €8,000
Third position: €6,000
Fourth position: €4,000
Fifth position: €2,000
Candidates for SKEMA Social Ventures Awards will have to provide proof (quote, budget proposal, and so on) of the present or future allocation of the award funds to the SKEMA Ventures team.
The deadline to apply for participation is July 24.