You are currently viewing Savvy Prize 2022 for Impact-Driven Entrepreneurs (Win $3,000 Cash Prizes and Support)

Savvy Prize 2022 for Impact-Driven Entrepreneurs (Win $3,000 Cash Prizes and Support)

Deadline: 1st December 2021

Savvy Prize 2022 for Impact-Driven Entrepreneurs (Win $3,000 Cash Prizes and Support)

The Savvy Prize 2022 is now accepting applications from Impact-Driven Entrepreneurs from all around the world who have high-impact for-profit or non-profit ventures. The goal of the award is to recognize and encourage impact-driven entrepreneurs who are trying to tackle some of the world’s most critical challenges in innovative and sustainable ways. The Roddenberry Foundation is sponsoring this year’s prize, which includes up to $3,000 in cash rewards, product development assistance, and marketing opportunities.


The Savvy Fellowship is a 12-week online learning program. You’ll learn everything from conception to venture growth as a Savvy Fellow, including how to start, build, and scale an impact enterprise. We’ll help you answer all the pertinent questions you need to jumpstart that wonderful impact enterprise, establish early traction, create product-market fit, and scale into other markets through visual presentations. Understanding your consumer, designing a product or service that efficiently answers their primary concerns, and effectively marketing your solution in the market are just a few of the things you’ll learn during the program. Savvy is for every impact entrepreneur, regardless of their state of development.

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They’ve had over 53,000 applications from all across the world so far, and over 4,300 Fellows from 137 countries have been selected.

The top 10 finalists will be announced on February 11, 2022. Interviews will be conducted shortly after, and on March 11, 2022, the Top 3 winners will finally be announced.

TERMS AND CONDITIONS

  • There is no entry fee.
  • Submissions must be original, unpublished responses by the applicants and cannot infringe upon any copyright laws. The applicants must be the sole author of all entries and hold full rights to them.
  • By entering the Prize contest, applicants are deemed to have agreed to the use of their responses in any Savvy promotional material.
  • Savvy reserves the right to remove and disqualify submitted applications, which may cause offense or may be deemed unsuitable or inappropriate for this Prize contest.
  • Savvy cannot take any responsibility for entries that are incorrectly or incompletely submitted.

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JUDGING CRITERIA

The jury, made up of Savvy mentors will carefully select finalists and winners based on the following criteria:

  • Innovative.
  • Community-based.
  • High potential for impact
  • Sustainable.
  • Originality.

Benefits

The top 10 finalists and winners will receive a certificate of achievement.

  • First Prize: $1,450 worth
    • $450 – In Cash
    • $450 – Article feature on 4 media websites
    • $550 – 1 year $540 web and app hosting + $10 domain name registration
  • Second Prize: $1,000 worth
    • $450 – Article feature on 4 media websites
    • $550 – 1 year $540 web and app hosting + $10 domain name registration
  • Third Prize: $550 worth
    • $550 – 1 year $540 web and app hosting + $10 domain name registration

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Eligibilities

To be eligible to apply for the Savvy Prize, you have to be a Savvy Fellow first. This means, if you’re not yet a Savvy Fellow, you have to apply for the Savvy Fellowship Program, and after being accepted into the ongoing Fellowship program, you can apply for the Savvy Prize immediately. Those who are already Savvy Fellows can immediately apply for the Savvy Prize. The application process for the Savvy Prize is very simple and straightforward. The application consists of six thought-provoking questions:

  1. What is the problem you’re addressing and why is it important? Why is now the best time to address it?
  2. What is your proposed solution? What makes it innovative and scalable?
  3. Who will benefit from this solution (specific target population) and where are they located?
  4. If you are successful, the world will be better off because…
  5. Upon receiving the Savvy Prize, what are the key milestones you believe you will attain within the next 12 months? How will you know if you’re successful?
  6. What makes you or your team the ideal leader(s) for this project?

ELIGIBILITY

  • The Savvy Prize is open to Savvy Fellows who are currently participating in the Savvy program, or that have completed the program.
  • For those who aren’t Savvy Fellows yet, they can apply first to the Savvy Fellowship Program, and after getting accepted into the program, they can apply for the Savvy Prize, right away. For current and past Savvy Fellows, they can immediately apply for the Savvy Prize.
  • For those applying to the Savvy program, it’s important to note that the program is open to aspiring and early-stage entrepreneurs around the world.
  • This means the program accepts individuals who are seeking to start a business and those who have already started one.
  • There is no geographical, ethnic, or academic restriction.
  • The Savvy program accepts new Fellows between the ages of 18 – 40, who can demonstrate in their application their passion to learn and create lasting change in their community (and the world.)
  • They consider applicants above the age of 40, with at least 5 years of work or entrepreneurial experience.

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Eligible Regions: Open for All

 APPLICATION PROCESS

  • For non-Savvy Fellows:
    • Apply for the Savvy Fellowship Program through Apply Now link.
    • After being accepted into the program, you can apply for the Savvy Prize immediately from: https://savvyfellows.com/
  • For Savvy Fellows
    • For Savvy Fellows (who are currently partaking in the program or have completed the program), you can apply for the Savvy Prize immediately from: https://savvyfellows.com/prize/

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