Congratulations to our Lion’s Den Social Innovation Challenge 2016 Winners!
The Soul of the Next Economy Forum is partnering with Social Innovation Challenge and Thrive Calgary to bring you the second Lion’s Den Social Innovation Challenge in 2016. Click here to see the Lion’s Den Social Innovation Challenge One Pager!
The Lion’s Den Social Innovation Challenge is a unique opportunity that brings together change makers, mentors, and funders – all focused on bettering society. Now is the time to share your idea, develop your concept, discover new partners and compete for prizes and start-up funding!
Part One – The Lion’s Den Pitch @ the Forum
Now – Register for the Forum and enter to be a part of the Lion’s Den here. Once accepted, you will receive resources to help you develop your pitch and additional instructions. Enter early as only 40 entries will be accepted. Entry deadline (if not filled prior) is Wednesday, September 28.
Before the Forum – Develop a 90 second pitch promoting your social innovation idea. Be sure to use the Social Opportunity Assessment tool described below!
At the Forum – We invite you to check out the schedule prior to the Forum to keep up with sessions that may pique your interest! Check out the complete Forum schedule for September 30 and October 1 here and learn more about the speakers here. We invite you to attend all of the Forum events and take advantage of the Pitching Pit which will be open over the lunch hour during the Forum.
Lion’s Den Social Innovation Challenge – Saturday, October 1 @ 1:30. Deliver your 90 second pitch to your peers, panel members and other Forum attendees. Enjoy the pitches of your fellow change makers. The top 8-10 finalists will be chosen based on People’s Choice and panel input.
Finalists – The finalists receive cash prizes of $150 each and direct coaching from business gurus that will help take you to Part Two – the Ultimate Social Innovation Challenge. Finalists also have access to our new Expert Panel.
Calgary CBC reporter Kyle Bakx will be the host for this exciting event.
Part Two – The Ultimate Social Innovation Challenge
Friday, October 14 – Submit your final PPT and any other documentation that you wish to provide the panelists.
Tuesday, October 18 – 7-9pm – Meet the panelists & funders and then present your proposals. Each finalist will have 3 minutes to present and 5 minutes for Q&A. Panelists and funders will meet while the audience provides input and then the winners are announced. NOTE – this will take place at Ambrose University (150 Ambrose Circle SW) in the Airhart theatre and is open to the public! Light reception at 6:30pm and competition starts at 7:00pm.
1st Place wins prizes valued at over $6,000! This includes $1500 cash from United Church of Canada Foundation, Datawind tablet, Innovate Calgary IP consultation package ($1,000 value), $1,200 of legal templates from Clausehound, $500 social media course from CanadaHelps , free business banking from ATB Financial ($1,000 value), business mentoring from Social Mentor Network($360 value/year) and e-learning from Small Business Solver ($295 value/year)
2nd Place wins prizes valued at about $3,000! This includes $1000 cash from United Church of Canada Foundation, Datawind tablet, free business banking from ATB Financial ($1,000 value), business mentoring from Social Mentor Network ($360 value/year) and e-learning from Small Business Solver ($295 value/year)
3rd Place wins prizes valued at about $2,500! This includes $500 cash from United Church of Canada Foundation, Datawind tablet, free business banking from ATB Financial ($1,000 value), business mentoring from Social Mentor Network ($360 value/year) and e-learning from Small Business Solver ($295 value/year)
Bonus – Quadruple Bottom Line prize – $1000 cash from Glenco Foundation
The quadruple bottom line is the next way that socially-based organizations are considering impact. In addition to financial bottom line, social bottom line and ecological bottom line, what is the spiritual bottom line? How does the initiative/organization impact people personally and in their relationships with each other? This is optional but take all of these bottom lines into account and you may win the $1,000 bonus prize!
Funding: Funding may be available for successful proposals from Calgary and area social innovation supporters. Our 2016 panelist & funders group for the final round includes: St. Andrew’s United Church, United Church of Canada Foundation, Trico Charitable Foundation, Calgary Arts Development, Futurpreneur Canada, and Innovate Calgary. Those finalists offered funding will negotiate this directly with the funder(s).
So, what does a successful social innovation idea look like?
Presentations will be evaluated based on the following:
- What is the social value potential?
- What is the social impact?
- What is the market potential?
- How much is needed? How many people need this?
- What is the sustainability potential?
- Are there partners? Ability to generate revenue? Ability to scale? Please note that preference will be given to projects that have engaged potential partners or advisory organizations in the process and that are financially sustainable with some earned revenues.
- What is the competitive advantage potential?
- Is this better than other options? How is this unique?
Please review and use the Social Innovation Scoresheet when preparing your proposal.
Register for the Forum and enter to be a part of the Lion’s Den here.
Thank you to our prize sponsors, final panel members and funders: