RE:THINK LOCAL European Social Innovation Competition 2018 (Win €50,000 and more)

RE:THINK LOCAL European Social Innovation Competition 2018 (Win €50,000 and more)

Deadline: April 27, 2018

The 2018 European Social Innovation Competition, RE:THINK LOCAL, is open for entries. This year’s edition of the competition will award €150,000 to ideas that take a place-based approach to developing solutions that support young people to participate in the economy.

The competition is looking for solutions that use local characteristics to create opportunities for young people to develop skills for the world of work, to begin long-term pathways towards stable employment, to start their own entrepreneurial initiatives and to improve the quality of life and financial security of young people in irregular work. They’re particularly interested in how new technologies and new ways of working arising from the fourth industrial revolution could be used to do this.

The European Social Innovation Competition, launched in memory of Diogo Vasconcelos, is a challenge prize run by the European Commission across EU member states and countries associated to Horizon 2020, now in its sixth edition. The competition is delivered by a consortium of partners led by Nesta and including Kennisland, Ashoka, European Network of Living Labs and Scholz & Friends.

Prizes

The competition will support selected entrants to develop their concepts and will provide €50,000 funding each to the three most promising projects to make their ideas a reality.

30 semi-finalists will be selected to receive business development support and attend a three-day mentoring academy in Cluj-Napoca, Romania. With the support of an individual mentor, each semi-finalist will develop a detailed business plan to outline how they will test and implement their solution.

Ten finalists will then be selected to pitch their idea at the awards ceremony in Brussels in November 2018, where the three prizes will be awarded.

Eligibility

  • Open to social innovators, entrepreneurs, students, designers, tech enthusiasts, educators, doers and makers, movers and shakers, and people who want to change the world
  • Ideas that are led by young people are also encouraged.
  • They are looking for place-based solutions that create opportunities for young people

Application

What potential do you see in your place to create opportunities for young people? Apply now.

All you need to enter the competition is an idea and the drive to take it further. The entry form is only seven questions and is designed to help us pick out the most innovative ideas.

For more information, visit RE:THINK LOCAL.

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