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INNOVATION CHALLENGE

[SUBMISSIONS CLOSED FOR AUGUST 2021]

Test your innovative business idea with our annual impact innovation challenge. An annual event hosted by League of Innovators where youth can present their impactful ideas for prizes. In 2021 we had 3 separate categories with 5 finalists each. Each category winner received a cash prize, mentorship, and perks from our partners.

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SIGN UP ON OUR MAILING LIST TO BE NOTIFIED OF NEXT YEAR'S CHALLENGE! 

HOW ARE YOU MAKING IMPACT? 

The Impact Innovation Challenge features three specific categories for youth under the age of 25 to submit their startups and startup ideas. Whatever way you are making an impact we want to hear about it. Here were the three categories last year:

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Aspiring Entrepreneur

Category 1: Aspiring Entrepreneur
Brand new ideas (for profit or non-profit) that will focus more on understanding the problem. This category is especially suited to summer camp attendees exploring entrepreneurship for the first time.  You have been working on this problem or idea for less than a year and raised less than $10k in investments.

Growth Entrepreneur

Category 2: Growth Entrepreneur
Early-stage for profit impact businesses that have been operating for less than two years and have validated their model through early traction. Must not have raised more than $100k in investments. 

Non Profit Entrepreneur

Category 3: Non-Profit Entreprenuer
Early-stage impact-driven non-profits that have validated their model through early traction. Must not have received more than $100k in funding.

If you have any questions regarding your eligibility, write to us at Academy@theleagueofinnovators.com

INNOVATION CHALLENGE ROADMAP

Step 1: Consider joining the Summer of Impact Camp to best prepare for the challenge.
Step 2: Form a team or go solo.
Step 3: Flush out your idea and submit your application by the deadline (2022 TBD)


SIGN UP ON OUR MAILING LIST TO BE NOTIFIED OF NEXT YEAR'S CHALLENGE! 

TIMELINE (2021)

Thursday, August 5th @ 11:59 PM PST - Deadline to submit for the Impact Innovation Challenge
Friday, August 6th - Thursday, August 12th - Submissions are reviewed by a committee
Friday, August 13th - Finalists are chosen and announced
Tuesday, August 17th @ 3pm PST - 60 min pitch training session for finalists, delivered by Volition
Friday, August 20th @12:30 pm PST - Pitch practice for finalists, by Volition
Tuesday, August 24th @ 3pm PST - Final pitch event for the public

PRIZES

On top of a $5000 cash prize for the grand winner, top 3 winners had a selection of prizes that included:

Judging Criteria

> IMPACT: How are you creating impact in the world

> FEASIBILITY: How achievable and scalable is your concept

> INNOVATION: How novel and unique is your concept

> DEDICATION: Is there traction, execution, and/or passion for the solution

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ELIGIBILITY CRITERIA

  • Canadian Resident (International and PR residents accepted)
  • At least 50% of the founding team is under 25 years of age
  • You are building a social impact venture and introducing a new service, product, idea or approach that commits to social, environmental, and economic advancement or are building a venture that addresses the UN SDGs

 

What our previous participants have to say about our summer camps

Partners

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