Superstar Impact Business
Examples of SDGs that focus on increasing women and youth empowerment are:
Candidates can apply by completing the application form here. The application is only complete, in combination with a venture profile on VC4A.
Please download the budget template below, as you will be asked to upload this in your application form.
The deadline for applications is the 20th of April 2022 end of the day.
A local jury scores all applications and invites the best applicants to pitch their company and proposal. Winners will be announced before the 1st of July, after which grant contracts will be processed.
Projects will be implemented from July until November 2022.
- Women/youth are empowered by the business in their role as employees, suppliers, consumers or in the community
Social/environmental impact (35%): The business has a clear vision and strategy for social and/or environmental impact. It has good potential to grow and scale the impact. This is also shown in numbers (staff data and social indicators). Impact on women and youth is important.
Feasibility and relevance of proposal (25%): The proposed project is described clearly and is relevant in increasing the empowerment of women and youth. It is viable and feasible to implement the project in a short time-frame. The budget and own contribution are realistic.
Strength of team/entrepreneur (25%): The team has the qualifications and experience to manage and implement the project successfully. Motivation and ideas are clearly communicated. The team has unquestionable integrity. Having a significant number of women and youth in the team is a plus.
Growth potential of the business (15%): The Impact SME addresses a clear market need with a unique product or service. It demonstrates innovation. There is a clear business model and a realistic growth strategy. The financial figures (historic and projections) show good performance and/or potential.
- Eligible Activities
● Business support services (e.g. consultants/experts on scaling, sales, operations, investments, social impact)
● Investments (machines or equipment needed to scale-up)
● Business development costs (e.g. test or launch new products, market study)
● Visibility costs (brand design, promotional materials, trade fairs)
● Scaling of impact (process redesign, sustainable production, fair trade certification)
- Non-eligible Activities
● Purchasing and rent/leasing of land or buildings/facilities
● Bank charges, cost of guarantees, and similar charges
● Overhead costs such as office supplies, support staff, management
● Value and registration costs of intellectual property rights