Applications are now open for Chivas Venture 2019. They are looking for social entrepreneurs from around the world who are using business to create a better future. Every year, the Chivas Venture gives away $1 million in no-strings funding to social entrepreneurs, who blend profit with purpose to have a positive impact on the world.

The Chivas Venture is an annual competition to find and support the most promising social entrepreneurs, who use business to solve social and/or environmental issues. Since 2014, Chivas has been funding and mentoring entrepreneurs who use business to tackle the world’s biggest social and environmental issues.

Benefits

• Global exposure
• A share of $1million dollars in no-strings funding
• A 3-day Accelerator Programme in the UK
• A bunch of world-changing new friends.

Eligibility

• The founder, co-founder or a key decision-maker who will represent your business throughout the competition.
• You must be aged 25 years old or over (as of 31 October 2018)
• Speak fluent English.
• Your start-up must already be registered as a for-profit entity in the country you’re located, and earn no more than $1.5 million in annual revenue (from 1 September 2017 to 1 September 2018).
• Candidates must apply to the competition in one of the participating countries, for a chance to join the global final and win a share of $1million.

To enter the competition, your business must be registered in one of the following countries:

• Argentina or Uruguay
• Belgium
• Brazil
• Bulgaria
• Chile
• England or Wales
• Greece
• Israel
• Italy
• Japan
• Mexico
• Netherlands
• Poland
• Portugal
• Romania
• Scotland or Northern Ireland
• Slovakia
• South Africa
• USA
• Vietnam

Criteria

Every submission will be assessed across the following criteria:

• Market opportunity & Need (Is there a big social or environmental problem to solve, and clear gap in the market?)
• Business model & Team (Do you have the right solution & team in place to make money while doing good?)
• Measurable Social impact (Do you drive transformational impact and do you measure it?)
• Scalability potential (Can you scale, and could you ever transform a million lives, or end the problem you’re solving?)
• Financials (Do you have sound financial projections and will Chivas Venture funding be catalytic of growth & impact?)
• Quality of the pitch & passion of the representative (in final stages only)

In short – they are looking for businesses that not only have the potential to succeed and turn a profit, but also can demonstrate that having a positive impact is at the heart of their business venture.

Application

If your business was created to make a positive impact in the world, they want to hear from you.

Click here to apply.

Deadline: October 31, 2018

For more information, visit Chivas Venture.