#Lead2030 Challenge for #SDG5 for Women-Founded Companies ($100K Investment)

Competition in Applied Science , in Business and Law , in Natural Science
  • Apply Before : October 30, 2020

Opportunity Details

  • Opportunity ID 67740
  • Degree Non Degree Program/Certificate
  • Language Requirement Not Required
  • Opportunity Type : Fully Funded
  • Duration different
  • Gender Female
  • Language of Instruction English
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Opportunity Description

Overview

The applications are now open for the Lead 2030 Challenge for SDG5 (Ensuring Gender Equality) organized by One Young World. In association with One Young World and Lead2030, the challenge organizers want to support and promote women in business because of the women’s crucial role in economic empowerment and realizing women’s rights, gender equality, and driving sustainability. 100+/AB InBev is honored to support the Lead2030 Challenge for SDG 5. The Challenge is intended to explore and uphold solutions that will empower women and close the equality gap, ensuring a peaceful, well-off, and sustainable world, particularly for women.

Why this challenge?

In the current challenging year, the voice and power of women in leadership were weakened, further revealing the limitations in women’s access to business skills, affordable financial products, and business infrastructure and also gender gaps in a gender-unequal world. Due to this, this challenge is organized to promote gender equality and improve women’s access to all what they need to move toward achieving SDG5 by 2030.

Details of the Challenge

Application deadline: 30 October 2020

Organizer: One Young World (OYW)

Type: Competition

Focus area: promotion and improvement of women entrepreneurs and business owners’ inclusion in the business world

Benefits

The successful solution will join the third cohort of organizations under the support of this Challenge. Participation in it includes three key elements:

1. Pilot
the first three months of the program will take place in-market (implementing a pilot in a particular geographic zone).
2. Ongoing mentorship
after the pilot phase, 100+ Sustainability Accelerator will deliver in-person and distant corporate development and programming to further support startups.

  1. Investment
    an investment of up to $100K in the winning solution through an uncapped convertible note.
    4. One Young World Summit
    participation in the One Young World Summit 2021 taking place in Munich from 23 – 26 April.

Eligibility criteria

The solutions must meet the below criteria:

Aligned: Obviously aligned with the SDG5 challenge.

Youth-led: Founded by a person between the ages of 18 – 30.

Female founded: Run and founded by at least one female founder.

Focused: Well-structured time limit identified key stakeholders and recipients and projected outcomes that are reasonable and well thought out.

Market-ready: Product/service already in the market or ready to enter the market.

Impactful: Solutions with a positive social impact, for example generating employment, or developing skills.

Measurable: Impacts of solutions must be measurable.

Financially feasible: Must be able to achieve efficiency and to survive independently through the resources they generate or the investments and donations they attract.

Scalable: Potential to perform as well as better expanding in scope or size

What should your solution(s) include?

The challenge invites solutions from an innovative female-founded company that offers solutions to or solves any of the following:

  • Infrastructure solutions that provide women-led/operated small enterprises with opportunities to enhance  their access to energy, hygiene, and security
  • Digital skills training solutions that significantly and enduringly foster the knowledge and practices of women-owned/operated small enterprises.
  • Affordable, reachable financial products (e.g., low-interest loan products, crop insurance)
  • Renewable energy technology with very high efficiency for trucking, rail, ocean, and air, including biofuel, electric, wind, solar, and water – that are accessible for the whole market
  • New packaging materials to remove/mitigate plastic, increasing recycled content, and/or new methods to integrate our supply chain waste into our packaging materials
  • Alternatives to augment recycling and reuse PET
  • Different solutions to improve water quality or the availability in high stressed watersheds.

Challenge timeline

  • 30 October 2020:Phase one applications deadline
  • 23 November 2020: Long-listed applicants asked to submit extended applications.
  • 15 December 2020: Deadline for submission of long-listed applications.
  • 28 January 2021: confirmation of winning solution.
  • March 2021: 100+ Accelerator program commences.
  • 23 April 2021: One Young World Summit 2021 where Winner participates.

How to apply?

The application for the challenge is online. Organizations may complete the application and submit it through OYW’s platform.

Apply now

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