Due Date: November 9, 2018

Applications are open for the Swiss Re Structure Business Owners for Strength Award2019 The Award acknowledges entrepreneurial efforts that take ingenious techniques to developing resistant societies and understanding the United Nations Sustainable Advancement Goals. While durability is the core style of this yearly program, its particular focus modifications from year to year.

The 2019 award will concentrate on ingenious options that provide more and much better access to health care for families in low-income neighborhoods. They’re searching for business-minded organisations that utilize innovation to effectively take on the behavioural, understanding, facilities, monetary and/or other barriers to such families’ access to health care options– from avoidance to treatment.

Award

The award makes up a monetary grant from the Swiss Re Structure and, depending upon the nature, scope and requirements of the business, non-financial contributions such as training and technical guidance from Swiss Re staff members and professionals.

3 finalists pitch their endeavors in person to an independent award jury of senior Swiss Re professionals, scholastic agents and chosen Swiss Re customers. The overall cash prize of USD 700 000 is divided amongst the winner (which gets as much as USD 350 000) and the 2 runners-up.

In addition, Swiss Re staff members all over the world are welcomed to elect their favourite of the 3 finalists. The finalist that amasses one of the most votes gets the “Worker Award” and an unique reward. The very same business might win both the Worker Award and the Strength Award in a given year.

Eligibility

Prospects ought to have the following staff member readily available to take part at the following phases:

  • the creator( s), for a one- to two-hour interview in between mid-December 2018 and end of January 2019 (top 12 prospects)
  • the management, to get agents of the Swiss Re Structure for one to 2 days of on-site due diligence in between mid-February and early April 2019 (leading 6 prospects)
  • a minimum of one creator, for training sessions in between mid-April and mid-May 2019 to prepare a pitch for the in person occasion and award event (3 finalists)
  • the group, to work together with the Swiss Re Structure on preparing a short video about the business in the 2nd half of April 2019 (3 finalists); the video should be all set no behind 3 weeks prior to the award event

More info about the date and area of the in person pitch and award event will be released here in November2018 Finalists will be gotten in touch with separately to set up travel and lodging (the expenses of which will be settled by the Structure).

Criteria

They motivate business that fit the above-described scope and fulfill the following requirements to use:

  • Level of maturity:
    Are developed as official start-ups, growing and on a clear course to complete or partial monetary sustainability (eg if just some operations are commercially based) however still depending on grants (or other assistance) to enhance their organisation design and/or reach complete monetary sustainability
  • Development and innovation focus:
    Utilize innovation or a development in product and services shipment to provide worth to underserved populations at scale.
  • Objective and function:
    Have a strong social function while utilizing business systems to accomplish sustainability and scale.
  • Target group:
    Serve reasonably to extremely bad neighborhoods in rural and/or metropolitan locations. Poor and susceptible populations ought to be a clear focus and top priority and/or represent more than 30% of individuals served. Prospects ought to have a deep understanding of their end users’ particular scenarios and address barriers to health care that they deal with.
  • Location:
    Preferably, run in low-income neighborhoods with limited/no access to quality health care.

Application

To request the 2019 Business Owners for Strength Award, finish the online survey about your business by 9 November 2018, 24.00 CET. Just applications finished in English and sent by this due date will be thought about.

If you have concerns or require assistance, you’re welcome to call us at [email protected]

To learn more, check out Swiss Re Structure

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