Stage 2 of our 1,000 Young Entrepreneurs Initiative focuses on supporting businesses that have developed an MVP and achieved initial pilot sales. This stage aims to amplify ventures creating meaningful impact and generating jobs, positioning them for growth before SEED or VC funding rounds. Stage 2 funding is based on specific themes, where only applicants with relevant business ideas can participate. Along with financial support of up to $10,000, you’ll receive mentorship and coaching from seasoned professionals and gain access to our exclusive network.
Goals
Stage 2 is focusing on the following goals:
- Accelerate Growth and Impact: Support young entrepreneurs in scaling their ventures, creating sustainable businesses that drive meaningful social and economic impact, including job creation and community development.
- Prepare for Investment Readiness: Equip participants with the tools, resources, and mentorship needed to attract SEED or VC funding, ensuring their ventures are positioned for long-term growth and scalability.
UBS SOCIAL IMPACT AWARD
Calling all innovators!
We’re thrilled to announce that the Stage 2 competition with the theme Sustainable Impact is now open for submissions!
Ready to showcase your ideas? Apply now!
The deadline to submit your application is February 23, 2025.
Theme
Sustainable Impact
The Stage 2 competition with the theme 'Sustainable Impact' is now open! Showcase your innovative solutions for a more sustainable future
Sponsor
Our Process starts with YOU
Application Window Open for
5 weeks
Internal Pre-selection of Applicants
2 weeks
Mid-Jury
half day
Pitching Coaching
2 weeks
Grand-Jury
half day
Candidate Contracting
10-12 weeks
Funds received in installments
1 week
Business Coaching
18-24 months
Eligibility & Requirement
About you:
- You are a resident of the following countries: Kenya
- You do not work for any affiliates of our sponsors or Aiducation International
- You can speak English fluently.
- You are younger than 30 years old during application.
About your business:
- Your business must have a traction and you are aware your competitive landscape.
- You have a prototype for a product or at least 5-10 customers for services
- You must provide a financial and non-financial plan of your business up to 3-5 years
- You have a clear business plan with market and risks understandings
- You agree that upon receiving this award you accept the equity investment by Aiducation International.
Please note that if you are at Ideation Stage of your Entrepreneurial journey, Contact Us to learn further about our Stage 1.
Application Documents
To start your application and upload the documents as required by the eligibility criteria please download the below listed documents. Here below, you can find the documents required for application:
- A photo of your valid identification card or passport
- A resume including the Start Up details such as foundation date, location based in, your team, etc.
- 3-5 mins video of you summarizing your story to start this business as well as explaining your passion, vision and business
- A business plan containing all the required information (download)
- The filled out financial plan (not mandatory yet) (download)
- A signed copy of Terms and Conditions (download)
In the event of the missing or incomplete documents, we will not be able to accept your application. If you have further questions, please let us know or book an info session.
for transparency and social impact
Aiducation International and our sponsors care deeply about transparency and social impact. Therefore, we use the same scoring system from Pre-Selection to Grand Jury stages within our program.
The weighted scoring ensures that we choose the right business but more importantly it ensures that we choose the right talent and/or team. If you would like to learn more about the scoring system, you can download.HERE