By Tamara Pupic
UBS and Ashoka have partnered to identify, select and support social enterprises with innovative solutions for some of society’s most pressing challenges.
and Ashoka are now accepting applications for the UBS Social Innovators 2016
programme, an international, multi-year search and support package for social
entrepreneurs looking to scale their social businesses.
deadline for submitting the official application form is 31 August 2016, 23:59
Central European Summer Time.
Eligible to apply are social enterprises working in any field and tackling a social or environmental issue at any scale from local to international.
They must have developed their solutions beyond proof of concept and already be up and running and potentially looking to grow through social investment.
Expressions of interest to enter the programme should be submitted via an online form at www.ubs.com/social-innovators.
The applicants will then receive the official application form with questions organised according to the six selection criteria – demonstrating that their solution is innovative, impactful, financially sustainable, scalable, compelling and compatible.
The official application form should be submitted by 31 August 2016, 23:59 Central European Summer Time.
UBS and Ashoka experts will review all the application forms, provide each applicant with feedback and select a shortlist of 10 to 12 applicants in each region.
Shortlisted social enterprises will be announced before the end of September 2016. They will be invited to a two-day regional bootcamp, during which they will pitch for a spot in their regional final.
Regional Bootcamps and Regional Summits will take place as follows:
• APAC region - Regional Bootcamp and Summit combined on 22 and 23 October 2016 in Singapore.
• EMEA region - Regional Bootcamp on 18 and 19 October 2016 and Regional Summit on 4 November 2016, both in London, United Kingdom.
• Switzerland - Regional Bootcamp on 20 and 21 October 2016 at Ermatingen (Schloss Wolfsberg), Switzerland, and Regional Summit on 3 November 2016 in Zurich, Switzerland.
One social enterprise from each region will earn the title of UBS Social Innovator 2016.
They will receive a cash grant of $40,000 while the three other regional finalists will each receive a cash grant of $5,000.
The chosen UBS Social Innovators 2016 will also take part in a bespoke 12-month accelerator programme starting in January 2017 and ending in December 2017.
The programme will include quarterly meetings with Ashoka and UBS employees, a number of virtual and in-person workshops on preparing for social investment, and mentoring and coaching sessions with key stakeholders.
MENA-based social entrepreneurs seeking more information about the programme should visit: https://www.ubs.com/microsites/social-innovators/en/regions/emea.html