The 'Social Business Challenge Munich' enables social entrepreneurs to participate in the OYW Munich Summit. The conference will bring together over 2,000 young people from over 190 countries. The hybrid event will take place from July 22 to 25, 2021. In addition to virtual participation, parts of the event are planned at the Olympic Park and BMW Welt, among other venues.
What can you win at the Social Business Challenge Munich?
A group of OYW ambassadors from Munich launched the Social Business Challenge Munich to integrate the OYW Congress into their home city and bring sustainability into focus. The challenge offers startups whose solutions address UN Sustainable Development Goals (SDGs) 9, 11, or 12 the opportunity to present their ideas to a global audience. The finalists will present their ideas to a high-profile jury including representatives from the City of Munich, One Young World, Yunus Social Business, the VC firm Bonventure, and FASE, as well as OYW ambassadors.
The winning teams will have the unique opportunity to present their solution on stage during the OYW Summit 2021 in Munich. They will also receive an (online) ticket to attend the OYW Summit 2021, allowing the winners to experience a variety of inspiring speeches and panel discussions, as well as exchange ideas with OYW delegates. Furthermore, the award opens up access to the OYW network of more than 10,000 young talents from all over the world.
What are the participation requirements?
A startup must meet the following conditions if it wants to participate in the competition:
- The company is a startup based in Bavaria.
- At least one founding member is younger than 35 years old.
- The solution addresses social or ecological challenges.
- At least one of the following SDGs is supported:
- SDG 9: Build resilient infrastructure, promote inclusive and sustainable Industrialization and promotion of innovation.
- SDG 11: Make cities and human settlements inclusive, safe, resilient and sustainable.
- SDG 12: Ensure sustainable consumption and production patterns.
Also important is a strong team and ideally a scalable company that already has a product (MVP).
