The Savvy Prize is back for the second year. Savvy is calling all entrepreneurs from around the world, with high-impact for-profit or non-profit projects, to apply for the Savvy Prize 2023 for Impact-Driven Entrepreneurs, which seeks to recognize and support the efforts of impact-driven entrepreneurs working to solve some of the world’s most pressing problems through innovative and sustainable ways. Aside from the recognition, the 2023 Savvy Prize comes with a lot of benefits including up to $3,000 in cash prizes, product development support, and marketing endeavors.

Requirements

To be eligible to apply for the 2023 Savvy Prize, you have to be a Savvy Fellow first. This means, if you’re not yet a Savvy Fellow, you have to apply for the Savvy Fellowship Program, and after being accepted into the ongoing Fellowship program, you can apply for the Savvy Prize immediately. Those who are already Savvy Fellows can immediately apply for the Savvy Prize. The application process for the 2023 Savvy Prize is very simple and straightforward. The application consists of six thought-provoking questions:
1. What is the problem you’re addressing and why is it important? Why is now the best time to address it?
2. What is your proposed solution? What makes it innovative and scalable?
3. Who will benefit from this solution (specific target population) and where are they located?
4. If you are successful, the world will be better off because…
5. Upon receiving the Savvy Prize, what are the key milestones you believe you will attain within the next 12 months? How will you know if you’re successful?
6. What makes you or your team the ideal leader(s) for this project?

Benefits

The top 10 finalists will receive a certificate of achievement. However, the top 3 winners will receive the following:
First Prize: $1,450 worth
1. $450 – In Cash
2. $450 – Article feature on 4 media websites
3. $550 – 1 year $540 web and app hosting + $10 domain name registration
Second Prize: $1,000 worth
1. $450 – Article feature on 4 media websites
2. $550 – 1 year $540 web and app hosting + $10 domain name registration
Third Prize: $550 worth
1. $550 – 1 year $540 web and app hosting + $10 domain name registration

Application Procedure:

1. There is no entry fee.
2. Submissions must be original, unpublished responses by the applicants and cannot infringe upon any copyright laws. The applicants must be the author of all entries and hold full rights to them.
3. By entering the Prize contest, applicants are deemed to have agreed to the use of their responses in any Savvy promotional material.
4. Savvy reserves the right to remove and disqualify submitted applications, which may cause offense or may be deemed unsuitable or inappropriate for this Prize contest.
5. Savvy cannot take any responsibility for entries that are incorrectly or incompletely submitted.
6. Savvy will not accept applications from previous Savvy Prize winners.

Method of Application:

For non-Savvy Fellows:
1. Apply for the Savvy Fellowship Program at https://savvyfellows.com/apply/
2. After being accepted into the program, you can apply for the Savvy Prize immediately from: https://savvyfellows.com/prize/
For Savvy Fellows
For Savvy Fellows (who are currently partaking in the program or have completed the program), you can apply for the Savvy Prize immediately from: https://savvyfellows.com/prize/

Application Deadline: December 31, 2022

For More Information:

Visit the Official Webpage