Savvy Prize for Impact-Driven Entrepreneurs | Win $3,000 Cash Prizes and Support

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πŸ‘€ Eligibility: In Entrepreneurship Prizes for Entrepreneurs, Youths (RSS)
πŸ•‘ Deadline: Dec 31, 2021 (See all deadlines)
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Savvy is calling all entrepreneurs from around the world, with high-impact for-profit or non-profit projects, to apply for the Savvy Prize 2022 for Impact-Driven Entrepreneurs, which seeks to recognize and support the efforts of impact-driven entrepreneurs working to solve some of the world’s most pressing problems through innovative and sustainable ways. This year’s Prize is being supported by The Roddenberry Foundation and comes with a lot of benefits including up to $3,000 in cash prizes, product development support, and marketing endeavors.

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How it Works

To be eligible to apply for the Savvy Prize, you have to be a Savvy Fellow first. This means, if you’re not yet a Savvy Fellow, you have to apply for the Savvy Fellowship Program, and after being accepted into the ongoing Fellowship program, you can apply for the Savvy Prize immediately. Those who are already Savvy Fellows can immediately apply for the Savvy Prize. The application process for the Savvy Prize is very simple and straightforward. The application consists of six thought-provoking questions:

  1. What is the problem you’re addressing and why is it important? Why is now the best time to address it?
  2. What is your proposed solution? What makes it innovative and scalable?
  3. Who will benefit from this solution (specific target population) and where are they located?
  4. If you are successful, the world will be better off because.
  5. Upon receiving the Savvy Prize, what are the key milestones you believe you will attain within the next 12 months? How will you know if you’re successful
  6. What makes you or your team the ideal leader(s) for this project?

Prize and Benefits

The top 10 finalists and winners will receive a certificate of achievement.

First Prize: $1,450 worth

  • $450 – In Cash
  • $450 – Article feature on 4 media websites
  • $550 – 1 year $540 web and app hosting + $10 domain name registration

Second Prize: $1,000 worth

  • $450 – Article feature on 4 media websites
  • $550 – 1 year $540 web and app hosting + $10 domain name registration

Third Prize: $550 worth

  • $550 – 1 year $540 web and app hosting + $10 domain name registration

Eligibility

The Savvy Prize is open to Savvy Fellows who are currently participating in the Savvy program, or that have completed the program. For those who aren’t Savvy Fellows yet, they can apply first to the Savvy Fellowship Program, and after getting accepted into the program, they can apply for the Savvy Prize, right away. For current and past Savvy Fellows, they can immediately apply for the Savvy Prize.

For those applying to the Savvy program, it’s important to note that the program is open to aspiring and early-stage entrepreneurs around the world. This means the program accepts individuals who are seeking to start a business and those who have already started one.

There is no geographical, ethnic, or academic restriction. The Savvy program accepts new Fellows between the ages of 18 – 40, who can demonstrate in their application their passion to learn and create lasting change in their community (and the world.) However, we consider applicants above the age of 40, with at least 5 years of work or entrepreneurial experience.

Terms and Conditions

  1. There is no entry fee.
  2. Submissions must be original, unpublished responses by the applicants and cannot infringe upon any copyright laws. The applicants must be the sole author of all entries and hold full rights to them.
  3. By entering the Prize contest, applicants are deemed to have agreed to the use of their responses in any Savvy promotional material.
  4. Savvy reserves the right to remove and disqualify submitted applications, which may cause offense or may be deemed unsuitable or inappropriate for this Prize contest.
  5. Savvy cannot take any responsibility for entries that are incorrectly or incompletely submitted.

Judging Criteria

The jury, made up of Savvy mentors will carefully select finalists and winners based on the following criteria:
  • Innovative.
  • Community-based.
  • High potential for impact
  • Sustainable.
  • Originality.

Important Timeline

The deadline for application is December 31, 2021, at 12 midnight GMT. The top 10 finalists will be announced on February 11, 2022. Interviews will be conducted shortly after, and on March 11, 2022, the Top 3 winners will finally be announced.

How to Apply

For non-Savvy Fellows:

For Savvy Fellows:

  • For Savvy Fellows (who are currently partaking in the program or have completed the program), you can apply for the Savvy Prize immediately from: https://savvyfellows.com/prize/

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