UNDP Geneva and Impact Hub launch a joint initiative highlighting the role of innovation and entrepreneurship to accelerate the SDGsJul 25, 2016
GENEVA/ KUALA LUMPUR – July 25, 2016: UNDP and Impact Hub are joining forces to launch the #Accelerate2030 platform aimed at supporting and promoting the most promising impact-driven ventures across the globe who focus on tackling the Sustainable Development Goals (SDGs). Five entrepreneurs, selected with the support of the global Impact Hub network, will have the opportunity to participate in the inaugural Social Good Summit Geneva, Switzerland on October 6th 2016.
During the event the entrepreneurs will showcase their innovation and explore opportunities for expansion and scaling of their solutions. They will be connected with a dynamic ecosystem of impact investors, representatives from international organizations and governments, experts from the global supply chain and fellow entrepreneurs - all committed to supporting innovative ideas that accelerate the achievement of the SDGs.
To be eligible for #Accelerate2030, entrepreneurs need to be working on solutions focused on one or more of the Sustainable Development Goals. They don’t have to be members of Impact Hub but they need to apply through the Impact Hub in their country.
“The aim of #Accelerate2030 is to empower impact-driven innovators and entrepreneurs who are committed to tackling the biggest social and environmental problems of our time. The role of the participating Impact Hubs is to scout for innovative solutions in their countries and identify the ones with the highest potential for impact and scalability to other contexts. I see the #SGSGeneva as a unique opportunity for these entrepreneurs to get visibility and exposure, as well as to explore scaling opportunities and to build strategic relationships with international peers, including the Geneva development and finance community” - said Alexandra 'Santu' Boëthius, Co-founder and Impact Hub Lead of #Accelerate2030.
#Accelerate2030 will accept applications until August 25th for the Impact Hub Kuala Lumpur to complete the first round of national pre-selection. The top three nominated ventures from each country will then be reviewed by an international jury which will select the top five ventures to take part in the Social Good Summit in Geneva.
“These five finalists will get the chance to pitch their ventures in front of the handpicked audience at SGS Geneva. Additionally, they will benefit from a variety of business and training opportunities. We will organize one-on-one meetings with strategic partners, as well as a “Scaling-Up Clinic” focusing on business development for entrance into the global economy; in conjunction with specialized partners”, noted Sarah Bel, Communication specialist at UNDP Geneva.
“Impact-driven entrepreneurs play a crucial role in tackling the SDGs as they often have an exceptional understanding of pressing social needs in their local communities. Therefore, it is essential to support their work and to grow the ‘Impact ecosystem’. This being the main goal of #Accelerate2030, makes it a highly welcomed initiative” noted Michelle Gyles-McDonnough, UNDP Resident Representative for Malaysia, Singapore and Brunei Darussalam.
In addition to the event hosted in Geneva, the ventures nominated at national level will receive an invitation to the conference “Impact Investment and International Development Organizations” (IIIDO) hosted by UNDP and INSEAD Social Entrepreneurship Initiative in Yerevan, Armenia in March, 2017. IIIDO will focus on the opportunities and mechanisms of impact investing and the role that development agencies can play in promoting it. This event will present the entrepreneurs with another great opportunity to present their projects to both impact investors and development organisations targeting sustainable development goals as part of their major missions.
The national Impact Hubs participating in this first edition of #Accelerate2030 are: Sao Paolo (Brasil), Caracas (Venezuela), Bogotá (Colombia), Accra (Ghana), Bamako (Mali), Khartoum (Sudan), Yerevan (Armenia), Moscow (Russia), Manila (The Philippines) and Kuala Lumpur (Malaysia).
Contacts for Correspondents:
Ms. Marley Tinnock
+41 76 251 78 82
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UNDP partners with people at all levels of society to help build nations that can withstand crisis, and drive and sustain the kind of growth that improves the quality of life for everyone. On the ground in more than 170 countries and territories, we offer global perspective and local insight to help empower lives and build resilient nations.
Impact Hub is a fast growing global network of 85+ physical work and collaboration spaces that host and support more than 15’000 social innovators and mission-driven startups. Part innovation lab, part business incubator, and part community center, each Impact Hub offers its members a unique ecosystem of resources, inspiration, and collaboration opportunities to innovate for a new kind of economy - sustainable for all people, as well as the planet. https://impacthub.net