Deadline for application: 30th of September end of day.
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About the Competition
We’re launching the first round of our Routes competition across Egypt. 3 teams will be awarded the total prizes of 10,000 EGP each along with free consultation sessions worth 15000 each to develop their projects into viable solutions further and getting exposed to the ecosystem, network and gain experience through events.
The first round of Routes Competitions will be focused on SDG 1, 3, 5,6,8,12,13,14 and 15
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Objectives
- Increasing the ecosystem’s consciousness about the mental health of entrepreneurs and employees. Increasing consciousness and awareness of the mental health and well-being of entrepreneurs and employees within the ecosystem.
- Increasing opportunities, resources, and skills for women and young adults.
- Helping in the creation of an environment that enables and reinforces women and youth leadership, workplace safety, gender inclusivity, and increased well-being and quality of life.
- Directing community consciousness towards the environment and climate crisis, and creating tangible outcomes/ solutions.
Competition Process and Planning
Step 1: Application
The deadline for applications is on 30th September 2022 end of the day (11:59 pm).
Step 2: Selection
A first shortlist of 10 teams will be announced.
Step 3: Info sessions and Pitch day
After the selection of 10 final teams, they will be provided with technical support from the first week of October to the first week of November 2022 before the pitching day.
Step 4: Pitch Day
Winners will be announced during the first or second week of November 2022 after which grant contracts will be processed.
Step 5: Implementation
The Top 3 Winning Projects that will be announced on the pitching day can start implementation of the projects in November 2022 where the consultation sessions start.
Eligibility Criteria
- Applicants have to apply in teams consisting of 3 - 5 members, if you are not in a team and you want to join/form a team we will have a matchmaking option.
- Applicants have to be university students or fresh graduates (graduates within 2 years) in Egypt.
- Equal gender representation in the team.
- The submitted idea should meet the requirements of an “impact-driven solution” namely:
- i) it has ‘impact’ as its mission or key driver.
ii) the business idea resolves a societal issue, not through charity, but through their business model to sustain it.
Assessment criteria (applicant is scored on this):
Social/environmental impact of the idea(40%):
The submitted business idea has a clear vision and strategy for social, economic, and environmental impact.
Feasibility and relevance of the idea (30%):
The proposed idea is described clearly and is relevant to the market need. It is viable and feasible to implement the project.
Strength of team(30%):
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.
The team has equal gender representation.
The team has diverse experiences.
Awards
The 3 winning teams will be awarded 10,000 EGP each.
The 3 winning teams will also be awarded with free consultations sessions worth 15,000 EGP each to develop their projects into viable solutions further.
Getting exposed to the ecosystem, network and gain experience through events.