Fishbowl Challenge for Young Social Innovators (Up to $50,000 Seed Funding)
Ayomide is the Editorial Associate at The FATE School of…
Solve the world’s biggest social challenges through tech-powered solutions. The Fishbowl Challenge connects ambitious young individuals from around the world to develop technology-driven social ventures that address critical issues in Healthcare, Agriculture, and Sustainable Energy. For six (6) months, teams from around the world will go through various venture-building stages, with a shared goal to secure up to $50,000 in seed funding.
During this journey, they will benefit from the guidance and expertise of experienced mentors and judges within their respective industries, equipping them with the tools to turn their innovative ideas into reality.
The Fishbowl Challenge Grand Prize
Up to $50,000 in seed funding awarded to the winning ventures! Winners will receive up to $50,000 in prize money to further develop their ideas. Access to subject-matter experts, mentors, leading academics, and investors is also provided to help bring the winning visions to life.
Eligibility Criteria
Age: The Fishbowl Challenge is open to young aspiring social entrepreneurs between the ages of 18 – 30.
Education: Applicants from all educational backgrounds are welcome and encouraged to apply.
Background: Applicants from all around the world are welcome and encouraged to apply.
Language: Applicants must be comfortable conversing in English, as it will serve as the primary language of communication during the competition.
The Fishbowl Challenge Timeline
Application period: Applicants complete and submit applications by July 1st, 2023.
Team formation: Successful applicants join a global project team and are matched with an industry-expert mentor.
Round 1: Teams begin the venture-building process by creating a business plan that addresses a social problem or market opportunity using technology and receive judge feedback.
Round 2: Teams test and refine their assumptions through iterative prototyping and customer research, before presenting to a judging panel via live video conferencing.
Round 3: Finalists develop a roadmap to market and post-program execution plans. Teams travel to a European city* to present the final version of their business plan in front of judges.
Venture launch: Winners receive up to $50,000 in prize money to bring their tech-powered social ventures to life!
To apply for the Fishbowl Challenge, click here.