ENTRY REQUIREMENTS for the 2017 Edition of the program

• Clear problem definition and Impact Linked to SDGs
  • The venture’s solution is addressing a clearly defined problem linked to one or more of the SDGs;
  • The venture has already started making measurable impact on one or more indicators of the SDG Targets;
  • The venture has the potential to make considerable further impact on one or more of the SDG targets.
• Innovative approach and collaborations
  • Demonstrates an innovative approach in addressing the need. The innovative approach could include either an innovative solution and/or an innovative business model;
  • Demonstrates collaborative approach to solve the problems. Collaborations with government, private sector, academia, NGOs, and civil society are in place.
• Market scalability
  • There is clear evidence of market demand for the product or service demonstrated by sales and market share for the last few years in the country of operation;
  • The solution and/or the business model can be replicated and scaled to other countries;
  • The venture has an international growth plan and strategy for 2017-2019;
  • There is clear evidence of market demand for the product or service demonstrated by interest from partners or customers in other countries.
• Social Dimension
  • There is a clear focus to integrate underserved populations into supply chains, and/or as employees, and/or as customers;
  • There is demonstrated attempt to strive for equal opportunities (gender, race, religion, etc.) in the team, and other activities of the venture (supply chains, employees, customers;
  • The venture distributes, or plans to distribute part of its profits for employees, and/or other social purposes.
• Team
  • The team demonstrates appropriate skills, languages, motivation, commitment and ambition to grow the venture and to scale their solution to other countries;
  • The team has enough absorption capacity to be able to benefit from the cross-border scaling support.
• Finance
  • The venture has a successful track record in financing its operations and growth;
  • The venture has a clear financing strategy for the next 2 or 3 years;
  • The venture is likely to become cash flow positive from operations in the coming 1-2 years.

SELECTION IN TWO STAGES

National pre-selection

Each participating local Impact Hub will review all received entries and assess the projects based on a set of criteria focusing on innovation, sustainability, team, potential for scaling, as well as the socio-economic and environmental impact and replicability in other contexts. Each local Impact Hub will nominate the best three ventures at the national level by June 23.

International final selection

Among the 51 pre-selected ventures the international jury in Geneva will select the 10 most promising projects by July 10. These 10 ventures will be invited to take part in the Social Good Summit in Geneva in October.