Funding brief: The Swiss Re Foundation Entrepreneurs for Resilience Award recognises entrepreneurial initiatives that take innovative approaches to building resilient societies and realising the United Nations Sustainable Development Goals. While resilience is the core theme of this annual programme, its specific focus changes from year to year.
Our 2020 award will focus on innovative solutions for climate-smart agriculture, including crop and livestock production as well as aquaculture. They’re looking for business-minded organisations that provide tools, technologies and approaches enabling smallholder and/or medium scale farmers in low-income communities to carry out agricultural activities in a way that is both environmentally sustainable and socially beneficial.
Ventures that address one or more of the following areas are welcome to apply: Climate mitigation and resource conservation; climate adaptation and risk management; increased productivity and food security; improved revenue opportunities for farmers; financial inclusion of farmers. A more detailed description of the approaches targeted by the award can be found in the appendix “Scope”.
The award comprises a financial grant from the Swiss Re Foundation and, depending on the nature, scope and needs of the enterprise, non-financial contributions such as coaching and technical advice from Swiss Re employees and coaches.
In addition, Swiss Re employees around the world are invited to vote for their favourite of the three finalists. The finalist that garners the most votes receives the “Employee Award” and a special prize. The same enterprise may win both the Employee Award and the Resilience Award in a given year.
Donor Name: Swiss Re Foundation
Funding name: 2020 Entrepreneurs for Resilience Award
Deadline: 16th, September, 2019, 23:59 CEST.
Funding details link: Click to view
Funding limit: Three finalists pitch their ventures face-to-face to an independent award jury of senior Swiss Re experts, academic representatives and selected Swiss Re clients. The total prize money of USD 700 000 is divided among the winner (which receives up to USD 350 000) and the two runners-up.
Special Notes: Please contact with the donor directly for further clarification and understanding.
Project start date: Not Found
Project duration: Not Found
Eligible organization: As below
Selection criteria-They encourage enterprises that fit the above-described scope and meet the following criteria to apply:
● Level of maturity:
Are established as formal start-ups, growing and on a clear path to full or partial financial sustainability (e.g. if only some operations are commercially based) but still dependent on grants (or other support) to improve their business model and/or reach full financial sustainability.
● Innovation and technology focus:
Leverage technology or an innovation in product or service delivery to deliver value to smallholder and/or medium scale farmers in low-income countries.
● Mission and purpose:
Have a strong social purpose while using commercial mechanisms to achieve sustainability and scale.
● Target group:
Serve smallholder and/or medium scale farmers involved in crop production, livestock production, and/or aquaculture. Low-income and resource-constrained farmers should be a clear focus and priority and/or represent more than 30% of people served. Candidates should have a deep understanding of their end users’ specific circumstances and address the social and climate-related challenges they face.
Eligible Country: Geography-Ideally, operate in low-income communities.
Submission mail: Not found
How to apply: Interested applicant may apply through the website (Click to view).
● Only applications completed in English and submitted by this deadline will be considered.
Facebook page-Fund for Bangladesh