Global Social Venture Competition

Looking to start a business with social or environmental impact?

The Global Social Venture Competition (GSVC) is a global competition that empowers the next generation of social entrepreneurs to transform their ideas into fundable, scalable ventures that address the world’s most pressing challenges.

Berytech is the Regional Partner of GSVC in Beirut. We offer one complete ecosystem for innovative entrepreneurs to create and develop their own startups.

 

Apply now to the GSVC and explore social entrepreneurship!

 

Last year, FabricAid, a Lebanese startup, won the international finals over 550 startups. This year it’s your turn!

What do I win?

International Prize:

  • Travel & participation in the GSVC final, representing Lebanon, in Berkeley, CA, USA
  • A chance to win up to $80,000 in the finals in Berkeley, CA, USA
  • International visibility & access to international networks

Local Prize

Six months of incubation at Berytech which include:

  • Master entrepreneurship classes
  • Work sessions with leading experts and coaches
  • Access to workshops and events
  • Access to local and international networks
  • Support in accessing grants & funds
  • Six-month access to the Berytech Co-working Space
  • Coaching and preparation to present your Business Plan in the Finals
  • Access to follow-up support programs in Social Entrepreneurship

Where can I apply?

 

 You can download the application form for the Global Social Venture Competition 2019 here.

 

 

What are the conditions to apply?

  • It should respond to a social, societal or environmental need
  • It should have the potential for economic viability
  • It should have the potential for long-term growth and replicability
  • It should have a social or environmental impact
  • The venture must not be more than two years old, as measured by first revenues or first patent, whichever occurred earliest.
  • Ventures should include a technology component, whether a technology-based solution or a technology component is utilized to address the solution.
  • Submitted ventures must not have received more than $250,000 in funding from venture capital, private investors, grants (government or foundation), loans, or other funding sources as of December 31, 2018.
  • Lifetime revenue should not exceed $500,000 as of December 31, 2018.
  • The team on the project must include at least one student or a recent graduate* from any level of higher education (undergraduate, masters-level/graduate, or Doctoral) in any area of study in the world; Young graduates must meet the following criteria:*Recent students must meet the following criteria:
    • Recent Bachelor’s degree holders must have completed their degree with four (4) years of the application deadline (December 31, 2018).
    • Recent Master’s or Doctoral level degree holders must have completed their degree within two (2) years of the application deadline (December 31, 2018).

A more detailed form of eligibility guidelines is available here.

 

 What is my deadline?

  • Regional deadline: December 3, 2018: Complete the application form and send it by Dec 3, 2018, at midnight; A jury composed of members from Berytech, USJ and partner organizations will shortlist applications and provide the necessary support for local jury ceremony.
  • February 2019, Regional final for Beirut-Lebanon: Shortlisted teams will take part in the local jury ceremony in Lebanon & one winning team will be selected to represent Lebanon in the finals
  • Global finals: April 3-5, 2019 in Berkeley, CA, USA

How do I apply?

The application must be submitted in English. All questions must be treated in detail.

You will also need to provide the following documents:

  • An executive summary of 3 pages
  • A summary of interviews held with your stakeholders of 5 pages
  • CV and bio of the key people of the team/associates

Deliverables must be grouped together in a single Adobe PDF file named in this format “TeamName_GSVC_FirstTour”. The name of the team must appear on each page of each deliverable.

Email your files to gsvc@berytech.org

I have questions!

Contact us on gsvc@berytech.org  and we’ll be happy to answer you.

Success Story

FabricAID, second-hand clothes collector and distributor represented Lebanon in the GSVC 2018 finals and landed first place among the 19 finalists who were chosen to compete out of the 550 startups coming from 60 countries. Read the full story here.

 

Testimonials

Berytech has helped us to move from a volatile team into a robust start-up by connecting us with mentors and experts. They helped us shape our business plan and form a strategy by helping us connect with international bodies and potential partners in Europe and the Middle East. GSVC gave us exposure to potential investors.” Antoine Skayem, Riego – Local Winner GSVC 2017

“The GSVC competition was a good opportunity to meet teams from different places and to see how they function as social entrepreneurs, we were prepared well for the competition and everything was good. One of the disadvantages is that we didn’t test our application yet. We had one really good advantage on the business level that we had our business model defined and a good projection for the cash flow.” Nicolas Farah, LIMM – Local Winner GSVC 2017