UNDP and Impact Hub are joining forces again to launch the 2017 edition of the #Accelerate2030 platform, aimed at supporting and promoting the most promising impact-driven ventures across the globe who focus on tackling the Sustainable Development Goals (SDGs). Five entrepreneurs, selected with the support of the global Impact Hub network, will have the opportunity to participate in the Social Good Summit Geneva, Switzerland in October 2017.
This year #Accelerate2030, an international cross-border scaling program for impact-driven ventures, encourages ventures from 17 developing and transitioning countries across 4 continents to apply to this unique acceleration program: Armenia, Venezuela, Colombia, Guatemala, Brazil, Ghana, Mali, Rwanda, South Africa, Zimbabwe, Ukraine, Turkey, Myanmar, Philippines, Cambodia, Mexico and Malaysia.
The venture has the potential to make considerable further impact on one or more of the SDG targets.
There is clear evidence of market demand for the product or service demonstrated by interest from partners or customers in other countries.
The venture distributes, or plans to distribute part of its profits for employees, and/or other social purposes.
The team has enough absorption capacity to be able to benefit from the cross-border scaling support.
The venture is likely to become cash flow positive from operations in the coming 1-2 years.
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.
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.
Brought to you by Impact Hub Geneva and the UNDP.