The EIB Institute held in Madrid the Final event of the 2014 Edition of the Social Innovation Tournament.
There were 15 projects running for three cash prizes (details of all 15 finalists available from http://institute.eib.org/programmes/social/social-innovation-tournament/results-of-the-2014-edition/ ). Adie from France, and School4All from Hungary have been awarded the first and second prizes in the general category respectively. The prize winner in the urban environment category went to Blue Badge style from the United Kingdom. The first prize winners went home with EUR 25,000 and the second prize winner with EUR 10,000. In addition 4 projects—Career Moves (Austria), Filisia (Greece), Hello Mum (Hungary) and PinkLime Social Business (Romania)—have received a voucher that entitles them to benefit from subsequent mentoring services from practitioners in the field.
- Adie is an initiative that aims to launch social micro franchise networks designed to offer turnkey turnkey business models to low-income entrepreneurs.
- Blue badge style is a style website and app for disabled people that allows users to explore travel options, restaurants, theatres and retailers.
- School4All organises and creates opportunities for the inclusion of physically or mentally disabled children in public schools.
All the prize winners received a trophy specially designed for this edition (you can see the movie of the making of the trophy at https://vimeo.com/109111076).
The Social Innovation Tournament was established in 2012 by the EIB Institute. It sponsors entrepreneurs whose primary purpose is to generate a social, ethical or environmental impact. Projects are typically related to combating unemployment and the marginalisation of disadvantaged communities and promoting access to education.
Fifteen finalists from nine countries had initially been selected for the Tournament from 171 proposals submitted by applicants from 26 countries.
During the Tournament, the finalists had to present and defend their project before a Jury composed of seven social innovation specialists chaired by Sophie Robin (Stonesoup Consulting) and also including Paula Almansa (Impact HUB), Olivier de Guerre (PhiTrust), José Tomás Frade (Former EIB staff member), Rémy Jacob (First Dean of the EIB Institute), Meredith Niles (Impetus Trust) and Johannes Weber (Social Venture Fund).
The next Social Innovation Tournament will take place on 24 September in 2015 in Milan, Italy with the call for projects scheduled to start in February 2015.
If you want to know more about the event you can always read the press release at http://institute.eib.org/2014/10/winners-of-the-social-innovation-tournament-2014/.
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