Social Venture Prize – Start Development Funds for Social Entrepreneurship
The Faculty of Arts has created a new fund, the Social Venture Prize, to support students who are incubating social innovation projects in the SVZ or within the zone network. The purpose of the funding is to advance an initiative and support the start-up costs and to incentivize Faculty of Arts students to engage in social initiatives within the SVZ. It is not intended to be used as salary. The campaign is funded by faculty from the Faculty of Arts, the Brookfield Institute for Innovation and Entrepreneurship and Ryerson University.
Startup Funds: 2 prizes of $1500 will be given to emerging projects in the initial ideation phase, including market validation, 1 of which must be granted to a Faculty of Arts student.
Development Funds: 1 prize of $3000 will be given to initiatives that are in the ‘development’ stage, to advance their business plan to advance the enterprise to market.
Applications are due May 8th, 2017
For eligibility details and how to apply, please visit the SVZ website here.