Ashoka’s Changemakers has partnered with the eBay Foundation to help five aspiring social entrepreneurs with $50,000 in startup capital. The initiative, called “Powering Economic Opportunity: Create a World that Works” seeks to fund innovative market-based solutions that create employment opportunities for vulnerable populations.
And in this case, the early bird really does get the worm! Three early entrants have already won the early-entry prize ($1,000 each) for really being on top of their stuff and getting their submission in way ahead of the deadline. Two of them, Solar Sister and Climate Change Adaptation for Life in Semiarid Environments, have distinct environmental missions.
Not only do you have the opportunity to win startup capital, but the exposure itself is highly valuable, according to the contest organizers, and one previous winner, Matthew Alexander of Red Tierras: “we actually entered with the intent of meeting other professionals dedicated to land rights–and that, without a doubt, as been the most valuable takeaway from the competition…the prize was really just icing on the cake.”
The deadline for entries is June 15th. Apply here!
Scott Cooney is the author of Build a Green Small Business (McGraw-Hill), and teaches a web class on Raising Capital for Mission-Driven businesses. Scott covers green business strategy on GreenBusinessOwner.com.
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