Apply for the Social Impact Award, provide financial and mentoring support for your idea and free participation in the International SIA Summit in Prague (if epidemiological conditions allow it, if not, then online) where you will hang out with social entrepreneurs coming from 15 countries.
Applications are open until May 11, 2021 until 12:45 (not midnight, but noon 🙂).
The Social Impact Award (SIA) is your opportunity to win over 42,000 BAM and make a social or environmental change with your idea together with over 150 young people around the world. Apply for your socially responsible project individually or in a group.
The Social Impact Award was established in 2009 by the Institute for Entrepreneurship and Innovation, which operates within the Faculty of Business and Economics in Vienna. The program is coordinated by the Impact Hub in Vienna, in cooperation with local partners in Albania, Austria, Bosnia and Herzegovina, Georgia, Greece, Croatia, the Czech Republic, Hungary, Macedonia, Romania, Russia, Serbia, Slovakia, Slovenia, Spain, Sweden, Switzerland and Tunisia. The program offers all participants a free series of workshops to develop ideas and acquire new knowledge, as well as the opportunity to get to know the local community of social entrepreneurs. The Social Impact Award in Bosnia and Herzegovina is conducted by the Startup Studio of the Mozaik Foundation in cooperation with Sparkasse bank.
In Bosnia and Herzegovina, we will select 12 finalists who will receive mentoring and financial support of up to 500 BAM to test their idea. After that, the commission will decide which are the three best ideas, and the fourth will be decided by the votes of the community.
The four best ideas will get: an additional 2,000 BAM, mentoring support, free participation in the International SIA Summit in Prague and the opportunity to pitch for joint investment and initial capital of up to 40,000 BAM.
The award is intended for young people who want to tackle social or environmental challenges in an innovative way. If you want to start a soup kitchen for homeless, test innovative learning methods, develop a website for organizing work actions in the community or something completely new and different, this is the invitation for you! You can also find inspiration for your idea in the videos of last year’s winners and SIA Impact Award 2020 winners.
Ideas can be submitted by individuals, informal youth groups, and social businesses.
Until May 10 we are available to answer all questions and help you fill out the application. You will be able to ask questions through the app, you will see how when you start filling it out.
Participation criteria
- Young people from 17 to 30 years old.
- We support individuals, informal groups of 2 to 3 members, and social businesses.
- A project or initiative should address a social or environmental problem.
- Applications are open to ideas that have not yet been implemented, as well as to ideas at an early stage of implementation. Ideas older than January 1, 2020 cannot participate in the competition.
- Prior to applying to the SIA competition, projects must not receive formal third-party startup support in excess of 6,000 BAM (angel investments, grants, awards).
- Apart from the winning ones, the projects that participated in the SIA competition last year can apply again, if they meet other criteria.
APPLY until May 11, 2021 until 12:45 h.
If you need more information about, please visit the SIA website, and if you have any additional questions, please write us here in lonac, right here below this text.
Watch the video and see who were the winners of the Social Impact Award 2020: