Members of the living labs that won the Global Third Prize at the Social Business Creation Competition

Members of the project that won the “Innovative Social Business Concept” award at the Social Business Creation Competition

Members of the project that won the “Impactful Social Business Idea” award at the Social Business Creation Competition

Social Impact Acceleration is the fourth competition round, in which contestants demonstrate their ability to multiply and scale up their project’s social impacts.

Execution and Scale-up is the third competition round, in which contestants demonstrate their ability to execute their social business model and scale it up.

The second competition round is Business Model Innovation, in which contestants demonstrate their ability to design a business model with dual objectives of profitability and social impact. To pass this round, each lab must obtain 30 points on a 100-point scale.

The first competition round is Social Innovation Generation, in which contestants demonstrate their understanding of the target social issues and propose effective solutions. To pass this round, each lab must obtain 30 points on a 100-point scale.

Members of the project that won the “Innovative Social Business Concept” award at the Social Business Creation Competition

Members of the project that won the “Impactful Social Business Idea” award at the Social Business Creation Competition

The first competition round is Social Innovation Generation, in which contestants demonstrate their understanding of the target social issues and propose effective solutions. To pass this round, each lab must obtain 30 points on a 100-point scale.