Every year, the Chivas Venture gives away $1 million in no-strings funding to social entrepreneurs, who blend profit with purpose to have a positive impact on the world.
The Chivas Venture is an annual competition to find and support the most promising social entrepreneurs, who use business to solve social and/or environmental issues.
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Candidates must apply to the competition in one of the participating countries, for a chance to join the global final and win a share of $1million.
Requirements:
1. The founder, co-founder or a key decision-maker who will represent your business throughout the competition.
2. You must be aged 21 years old or over (as of 31 October 2019), and speak fluent English.
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3. Your start-up must already be registered as a for-profit entity in the country you’re located, and earn no more than $1.5 million in annual revenue (from 1 September 2018 to 1 September 2019).
WHICH COUNTRIES ARE PARTICIPATING IN THE CHIVAS VENTURE 2019-20?
To enter the competition, your business must be registered in one of the following countries:
- Argentina
- Australia
- Belgium
- Brazil
- Bulgaria
- Canada
- Chile
- China
- Colombia
- England
- France
- Greece
- Israel
- Italy
- Japan
- Kenya
- Mexico
- Netherlands
- Nigeria
- Poland
- Scotland
- South Africa
- Spain
- Thailand
- USA
- Vietnam
Prize:
If you are selected to take part in the global final, you will have the opportunity to win a share of $1 Million in funding. Each finalist will have the chance to tell us how much funding they seek and how they believe this will make a difference for their business.
The first $100,000 of the fund will be allocated by the public, via a 3-week online vote. The Finalist with the most votes will receive $50,000. The 5 Finalists with the next 5 highest numbers of votes will receive $10,000 each.
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The remaining $900,000 of the fund will be allocated by the judges at the Global Final: $750,000 will be distributed amongst the top 5 finalists at the Grand Final, and $150,000 will be shared amongst the 5 Semi-Finalists and 10 Quarter-Finalists who didn’t make it to the Grand Final – see Terms & Conditions for full details.
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