Join the social entrepreneurship competition
Win $2,000!
1st Place
- Cash Prize
- Full Scholarship to a LaunchX Online Program
- LinkedIn Badge
HOW IT WORKS
The submission fee per team to participate is FREE
Answer the questions to be considered. Our judges will be looking for researched and viable ideas.
Submit a video that will go on our AwardX Youtube. You will get points for watches, likes, and shares.
If chosen, you will be emailed before this date and asked a few more questions to secure your spot.
All the finalists will pitch at our live online Demo Day
We will announce the winner at the end of Demo Day.
Apply to 2025 AwardX Social Impact
3 Minute Pitch Video
Your video must be 3 minutes or less, anything over will be cut from the video and not considered. Your company or business idea will be judged on the following aspects.
Requirements
- The problem should be well-articulated, demonstrating a deep understanding of a significant and specific market need.
- The solution should be practical, feasible, and innovative, directly addressing the identified problem in a unique way.
- The value proposition should clearly communicate unique benefits and differentiate the solution from competitors.
Requirements
- There should be detailed market analysis with evidence supporting the size, growth trends, and opportunity in the market.
- The revenue model should outline how the business will generate sustainable income, with clear and realistic financial projections.
- There should be a thorough analysis of key competitors, with clear explanations of the business's unique selling points and competitive advantages.
Requirements
- There should be a clear plan for scaling the business, including strategies for market expansion, resource allocation, and scaling operations effectively.
- The operational plan should outline necessary resources, technology, and detailed steps for successful implementation.
- The financial plan should be comprehensive, with realistic financial projections, detailed cost estimates, and potential revenue streams.
Submissions will be judged out of a score of 30 total – up to 3 points for each criteria with an additional 3 points for presentation.
Ben Stern
Tenkara
Formerly, I founded Nohbo as a passion project freshman year of high school, after learning about the insanely destructive impacts of most single-use plastics.
Nohbo made waves with an appearance on Shark Tank, and went on to secure a deal with Mark Cuban. We partnered with CPG's and hotels to convert existing lines into podded solutions, collaboratively making products that melt away and left no trace behind. Nohbo has four issued patents.
Currently, I'm focussed on fixing fragmented supply chains with AI-driven solutions.
I'm a 2020 Thiel Fellow, avid backgammon player, and fly planes for fun.
