Providing young social Enterprise Prize, working on innovative solutions in response to the challenges of COVID-19,with a focused support package to increase their business resilience & sustainability.
The Scottish Government and SEED in collaboration with Youth Co:Lab an initiative co-led by UNDP and Citi Foundation has launched the ‘Impact Link: Social Enterprise Challenge 2020’ for youth-led social enterprises in Pakistan working on innovative solutions to counter health, social, economic and environmental challenges, with a particular emphasis on enterprises addressing challenges that have emerged as a result of the COVID-19 pandemic.
Successful applicants will be invited to take part in a virtual boot camp spanning five days in the first week of September 2020.
The program will be exclusively executed in Pakistan by UNDP Pakistan, SEED, DEMO, and the Social Enterprise Academy.
Upon completion of the boot camp, ten most promising enterprises will be selected and awarded with cash prizes. The top five winners of the challenge will receive a grant of PKR 820,000while the runners-up will receive PKR 480,000 to upscale their ideas.
Mentors and industry experts will be guiding these young entrepreneurs to build sustainable social ventures. The winners will also be showcased at the regional Youth Co:Lab Summit that will be held next year.