GRANT OPPORTUNITY: Facebook Social Entrepreneurship Award

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Facebook is the world’s largest social network and connects over 2 billion people monthly. As part of its mission to give people the power to build community and bring the world closer together, it connects people on the platform with over 70 million businesses. Facebook not only helps businesses get discovered and find customers but also helps people develop connections to products and causes. To better support cause-driven businesses, Facebook has partnered with One Young World to launch the Facebook Social Entrepreneurship Award.

 On 5 October at the One Young World 2017 Summit in Bogotá, Colombia, Facebook’s VP of Global Marketing Solutions, Carolyn Everson, announced the Facebook Social Entrepreneurship Award and officially announced the opening of applications for One Young World Ambassadors to apply. In line with the company’s mission, the award will present a prize to 4 teams or individual social entrepreneurs with advertising credits and Facebook mentors who will share marketing expertise.

Who can apply?
One Young World Ambassadors exclusively. Ambassadors can apply as individuals or teams in groups (up to 5 individuals).

 Those with scalable businesses.

 Those who operate businesses that address a major social and/or economic issue in their region and empowers their community.

 The Participant and each team member (if any) must lead or be employed by a non-profit charity or a for-profit business legal entity, which is registered and/or formed under applicable laws in their jurisdiction

 Ambassadors must live and operate enterprises within Facebook’s 4 regions: North America, EMEA (Europe, Middle East, and Africa), Asia Pacific and Latin America.

 Government officials, political figures, and businesses politically affiliated (all as determined by Facebook and One Young World in its sole discretion) are not eligible to participate in the Contest.

Selection criteria
The Facebook Mentors will also serve as judges for the Prize Winners.

 Candidates will be assessed based on:

 Probability of increased impact following ad credit investment – 40%

 Evidence of social impact – 30%

 Innovation/originality – 30%

Timeline

 Deadline: 17 November, 18:00 GMT

 End of November 2017: Shortlisted candidates are contacted. Shortlisted candidates must submit a video.

 Early December 2017: Mentors select final Winners.

 Visit the official homepage here to learn more and apply now.

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