Apply for the Rise Under 30 Impact Challenge for Entrepreneurs Worldwide ($500,000 in Prizes)
24 Aug, 2017
The Rise Fund is partnering with Forbes and Echoing Green to host the first-ever Under 30 Impact Challenge. The competition is open to creative entrepreneurs around the world, under the age of 30, who are driving positive social and environmental impact through successful for-profit enterprises. The winning business will receive up to $500,000 in value and will be awarded at the fourth annual Forbes Under 30 Summit on October 2, 2017, in Boston.
The winning company will qualify for up to $250,000 in value from The Rise Fund and its affiliates on mutually agreeable investment terms. Forbes will offer $250,000 in an in-kind media grant, bringing the total value to $500,000.
We are seeking creative entrepreneurs who are building successful for-profit enterprises that drive positive social and environmental impact. Applicants must be under the age of 30 as of October 1, 2017 and the businesses must be in a growth phase, with two full years of generating revenue above $100,000 each year and/or $1 million in cumulative revenue since inception.
Businesses must operate in one or more of the following seven sectors: education, energy, food and agriculture, financial services, growth infrastructure, healthcare, and TMT (technology, media, and telecommunications).
Applications open on August 17, 2017 and the deadline for submissions is September 6, 2017. Submissions will be screened by Forbes, The Rise Fund, and Echoing Green. Finalists will pitch their businesses to The Rise Fund and Echoing Green teams during the week of September 18, 2017, and a winner will be awarded by Cheryl L. Dorsey and Bill McGlashan at the Forbes Under 30 Summit on Monday, October 2, 2017.
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