Applications for the FTxSDG Challenge, powered by the Financial Times and Seedstars have opened for individuals and startups. FTxSDG Challenge has a mission to empower impact-driven entrepreneurs and startups in emerging markets through this startup competition. This competition is divided into thematic challenges based on the UN’s Sustainable Development Goals (SDGs).
The SDGs themes are:
- Gender equality
- Climate Action
- Quality Education – sponsored by School of Management Fribourg (HEG-FR)
- Good Jobs and Economic Growth
- Reduced Inequalities
- Good Health and Wellbeing
The FTxSDG Challenge gives entrepreneurs the opportunity to take their startups to the next level. They will start by participating in Investment Readiness Sessions and then proceed to the pitching competition. Inside the sessions, the individuals will pair up with the teams to work on their solutions.
Participants will then take part in masterclasses and workshops where they will pitch their startups and ideas. They will have support from international mentors and also get the opportunity to connect with a global community of impact-driven investors. During the final day of the event the winners of each SDG theme will be announced.
Click here to apply for the FTxSDG Challenge
150 participants will be invited in the competition to solve real business challenges and present innovative strategies with a focus on the SDGs. Winning startups will be fast-tracked to the Seedstars Investments Fund and have the opportunity to secure up to $500,000 in funding.
Alisee De Tonnac, CEO, Seedstars, said: “Seedstars is very excited to launch the FTxSDG Challenge. Since 2013, our team has been organizing the Seedstars World Competition created to support and invest in impact-driven entrepreneurs from emerging markets.
Jon Slade, FT’s Chief Commercial Officer, said: “We’re excited to see FT Talent grow to include supporting early startups, as well as young professionals who are passionate about technology and entrepreneurship.
Virginia Stagni, Business Development Manager & FT Talent Director, Financial Times added: “This partnership with Seedstars is our first startup challenge and supports the SDG’s critical agenda. Involving enterprises, and not just individuals is a new step for the FT Talent project.”
Source: techbuildafrica
