UBS Social Innovators will select high-potential social enterprises that address some of society’s most pressing challenges and, over the course of a year, support them to scale up their operations and impact. Switzerland is one of the three regions where a regional bootcamp and a regional summit will take place.
UBS is today launching UBS Social Innovators. The “UBS Social Innovators” will join an Accelerator program in 2017 to help them grow their organizations and achieve greater social impact. This tailored package of support will include access to UBS’s unique network and know-how, global exposure and expert coaching. UBS Social Innovators is being launched with support from Ashoka, global pioneers in the field of social entrepreneurship since 1980.
Eligible social enterprises can be working in any field and tackling a social or environmental issue at any scale from local to international. They must have developed their solutions beyond proof of concept and already be up and running and potentially looking to grow through social investment. Social Enterprises can apply in three regions. One of these is Switzerland.
Up to 12 shortlisted social enterprises in each participating region will be invited to a two-day Regional Bootcamp, during which they will pitch for a spot in their Regional Final. where they will receive mentoring and support from UBS and Ashoka experts to help propel their vision to the next level and introductions to philanthropists and social investors from UBS’s and Ashoka’s unique global networks.
Four social enterprises in each region will be selected as Regional Finalists and will attend the Regional Summit. One social enterprise from each region will earn the title of UBS Social Innovator. They will enter a tailored year-long Accelerator program focused on scaling up their impact and receive a USD 40,000 grant.
Regional Bootcamps and Regional Summits will take place as follows:
- APAC region: Regional Bootcamp and Summit combined on 22 and 23 October 2016 in Singapore
- EMEA region: Regional Bootcamp on 18 and 19 October 2016 and Regional Summit on 4 November 2016, both in London, United Kingdom
- Switzerland: Regional Bootcamp on 20 and 21 October 2016 at Ermatingen (Schloss Wolfsberg), Switzerland, and Regional Summit on 3 November 2016 in Zurich, Switzerland
Accelerator program
Together with Ashoka, UBS will build and execute a bespoke 12-month Accelerator program around each UBS Social Innovator, starting in January 2017 and ending December 2017. This will include quarterly meetings with Ashoka, UBS employees and other relevant third parties; a structured program of virtual and in-person workshops on preparing for social investment; 1:1 mentoring and coaching with key stakeholders; presentations to UBS employees, partners and potential investors; and other opportunities as appropriate to each specific organization.
Expressions of interest to enter the program should be submitted via an online form at www.ubs.com/social-innovators, after which applicants will receive the official application form with questions organized according to the six selection criteria we will use to evaluate the entries. The deadline for submitting this official application form is 31 August 2016, 23:59 Central European Summer Time.
Full details on the program can be found at www.ubs.com/social-innovators.
(Press release)
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