Posted:15 Apr 2011

IMPACT is pleased to announce that it is now accepting applications for the 2011 sustainable venture incubator programme.

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IMPACT is the first international incubator tailored to sustainable entrepreneurs ever to be held in Shanghai, China.  With an intensive mentorship programme spanning over seven weeks in September and October 2011, IMPACT will support a batch of young, internationally selected entrepreneurs whose projects address social and environmental problems in the developing world.  Over nearly two months, participants will build a vital network of established sustainability professionals, like-minded entrepreneurs, and investment resources.

More information is available at http://www.impactshanghai.org

Application

Applicants may apply to join Impact from any country in the world before the deadline on May 13th, 2011. Applications will be evaluated based on their level of originality, innovation, feasibility, demand, and of course, ability to address an environmental and/or social problem. Short-listed candidates will receive notification by May 15th.

Pitch Stop

All of the short-listed candidates will receive the opportunity to create their own portfolio-profile on the Impact crowd-funding platform. This provides an innovative way to raise support for their participation fee while at the same time promoting their venture, outlining their goals, and explaining who they are as an entrepreneur. The first 25 to raise €7000 will be invited to join Impact.

Mentorship

During the first 5 weeks in Shanghai, Impact participants will receive one-to-one mentorship and guidance from an international panel of social entrepreneurs and change makers.  Each mentor will work alongside the participants during their time in Shanghai, providing their skills, experience, and networks to help develop the participant’s ventures.

University & Media Tour

In the 6th week, Impact participants alongside a select group of mentors, will begin a University & Media tour across Shanghai. Participants will visit some of China’s most highly-acclaimed universities, meeting with local students, professors and budding entrepreneurs. By speaking to a variety of audiences, Impact participants will have the opportunity to promote sustainability and inspire a new wave of young entrepreneurs.

Investor Tour

During the final week, participants will embark on an investor tour. Each participant will have the chance to pitch their projects to large groups of potential investors and philanthropists. After six weeks of refining their concept and strategy, the investor tour presents participants with the ultimate opportunity to raise capital investment and build important financial networks.

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