UNESCO’s Youth Entrepreneurship Tilt Promotes Youth Involvement in Sustainable Business

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The United Nations Educational, Scientific and Cultural Organization (UNESCO), alongside Germany’s Siftrung Entrepreneurship (Foundation for Entrepreneurship) and Japan’s Goi Peace Foundation invites young entrepreneurs to spur innovation and positive change through the Youth Citizen Entrepreneurship Competition.

The competition aims to inspire the youth into becoming positive catalyst in their communities and nation by recognizing and highlighting exemplary examples of youth creativity and entrepreneurship that encourages a harmonious and sustainable society.

Aspiring competitors must be between 15 and 30 years of age, have an innovative idea or currently running a business that sustains the development of the community in one of these fields:
* The environment
* Education
* Health
* Poverty reduction
* Peace building
* Cultural diversity
* Sustainable energy
* Food security
* Sustainable trade
*The elderly
* Empowerment of women and youth.

The competitors must also be able to submit and present their entris in English, as the panel of judges are a multinational conglomeration of professionals who have a voice and a solid opinion on the fields described above.

Interested youth must sign up online (https://www.youth-competition.org/register/) to become a registered member. The entry form for ideas and/or projects must be also filled out in English on the website’s corresponding forms. The completed and submitted forms will be revied by the competition administrators, and ideas and projects that pass a certain criteria will be nominated and published on the competition website. Applicants will be notified if their entries pass or fail the established standards.

Entries submitted to the competition will be judged against this set of criteria:

 

  • entrepreneurial vision

  • feasibility (e.g. relatively low capital investment requirement)

  • innovation

  • leadership

  • social impact (e.g. ecological benefit)

  • sustainability

  • scalability (The application can be multiplied.)

 

 

The competition will implement a thorough process:

 

  • Entries will be reviewed by the competition administrators, and only those that meet a certain standard and pass the preliminary screening will be published on the competition website. The general public can vote for their favorite entry and add their comments and recommendations.

  • Entrants may refine their entries up until the entry deadline to reflect the comments and recommendations received. They may also support their entry by submitting a video presentation of their enterprise idea or activity (up to 3 minutes).

  • The 10 entries receiving most votes in each of the two categories will be considered as finalists.

  • From among the finalists, the judges will make the final selection of three winners (Grand Prize, 2nd Prize and 3rd Prize) in each category.

  • Entries will be evaluated based on their entrepreneurial vision, feasibility, innovation, leadership, social impact, and sustainability, among other factors.

  • In addition, the People’s Choice Prize will be given to the entry with the largest number of votes in each of the two categories.

 

 

Interested youth entrepreneurs must submit satisfactory proposals on or before June 30, 2014 in order to qualify as finalists. Grand Prize winners and People’s Choice winners will be held during the Entrepreneurship Summit in Berlin in October 2014. Interested young entrepreneurs can visit https://www.youth-competition.org/ for more information.

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