Candidates can apply by completing the application form here. The application is only complete, in combination with a venture profile on VC4A. If you don’t have a venture profile yet, you will be asked to create this in the first step when clicking on the “Apply” button at the top of the page.
Please download the budget template here, as you will be asked to upload this in your application form. The deadline for applications is Friday, 7th of July, 2023.
A jury scores eligible applications and invites the best-selected applicants to pitch their business and project proposals. Winners will be announced latest on the Mid of July, after which grant contracts will be processed.
Projects will be implemented until the end of October 2023.
To apply, your business needs to meet the following minimum requirements:
- Circular solution in the business’s value chain or increasing the environmental value of your product.
ii) resolves a societal issue, not through charity, but through its business model;
iii) the entrepreneur has a ‘social heart’, clear motivation and vision on impact.
Social/environmental impact (25%): The business has a clear vision and strategy for positive social and/or environmental impact. It is important that the project has a positive social and environmental impact on the supply /value chains and on the company’s stakeholders (suppliers, clients, employees, and communities). This impact is supported by numbers.
Feasibility and relevance of proposal (25%):The proposed project is described clearly and is relevant in creating a fair and sustainable supply chain. It is clear how the business will collaborate with a supply chain partner to realize the project. It is viable and feasible to implement the project in a short time frame. The budget and own contribution are realistic.
Strength of management 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 and sustainability (25%): The impact business addresses a clear market need with a unique product or service. There is a clear business model and a realistic growth strategy. The financial figures (historic and projections) show good performance and/or potential. The proposed project demonstrates innovation and it is clear how it creates new opportunities and/or addresses a risk or problem for the business. It is clear how the business will sustain the implementation of the project and integrate it in their core operations.