Deadline: October 30, 2017 09:00 UTC
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Eligibility: Social entrepreneurs who have a registered, for-profit startup or business in seed stage, over 25 years old from Argentina, Australia, Belgium, Brazil, Bulgaria, China, Colombia, Czech Republic, Dominican Republic, Germany, Greece, Gulf, Hong Kong, Hungary, Israel, Japan, Kenya, Malaysia, Mexico, Nigeria, Netherlands, Poland, Portugal, Romania, Slovakia, South Africa, Spain, Thailand, UK, US.
Chivas Venture 2018
Chivas Venture believes generosity and success go hand in hand. That by sharing the good stuff, we can all achieve more. That’s why every year they invest $1million in start-ups that are creating positive change and a better future.
Since the launch of the Chivas Venture in 2014, they have been inspired by the nearly 6,000 entrepreneurs who have applied, a new generation that is doing well by doing good.
A new breed of entrepreneur is emerging, one that uses business ideas to improve lives. To support the movement, Chivas Holdings (IP) Limited created the Chivas Venture, a $1million fund to search and support the most promising social entrepreneurs.
Benefits
If you are selected to take part in the global final, you’ll have the opportunity to win a share of $1 Million in funding. Each finalist will have the chance to tell us how much funding they seek and how they believe this will make a difference for their business.
Over the course of a week, all the finalists will take part in a variety of intensive business master-classes at some of the world’s leading businesses to help them sharpen their skills.
The global finalists will feature on The Venture website and crowdfunding site IndieGogo. The international campaign will reach millions of people around the world, offering incredible exposure for your business.
The Venture is an international project with some of the participating countries offering additional prizes.
Who should apply
- They are looking for social entrepreneurs who have a registered, for-profit startup or business.
- They are searching for businesses in seed stage (which means the product is still in prototype stage and the business is not yet generating revenue from customers or users yet), startup stage (which means the business has a working prototype of its concept, ideally with some demonstrable user traction, generating a maximum of US $500,000 – or local currency equivalent – in annual revenues and has been incorporated for no more than three years) or growth stage (which means the business is beyond the working prototype stage, and can show significant user traction and sales, generating a maximum of US $1 million – or local currency equivalent – in annual revenues and has been incorporated for more than three years).
- You’ll also need to showcase how your business has a positive impact and articulate how funding would help to take your business to the next level.
- You must be over 25 to enter The Venture.
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Love this! Do you guys know if the equity is taken? I noticed the competition rules say that they are making an investment. I am assuming that they will take a peace of my NGO, am I right? Thanks! – Stan