The Start-up Competition

Enactus is joining forces with Finance in Motion to launch a start-up Competition open to Enactus projects operating in and using green technology, in Egypt, Germany, Morocco, Tunisia and Ukraine.

The competition will take place in two rounds:
National round: Where Enactus national teams are invited to participate and take part of the competition. In this round, 3 projects will be selected as winner and will be rewarded a total of 46 000 €

International competition: National winners from the five participating countries will take part of an international competition in Germany. In this final round, TOP 3 projects will be granted a total reward of 30 000 €.

The competition is open to Enactus projects from the five participating countries. Each project has to:

  •      Operate and boost sustainable, technology driven farming practices AND/OR green industrial production.
  •      Fulfil the Enactus criterion
  •      Define an innovative business idea based on a solid business need/“people in need“-analysis;
  •      Can demonstrate their scaling or start-up potential via a 3-year-plan.

The winners will be selected based on the following criteria:

  •      Is the project able to solve the problem in the selective target group?
  •      Degree of innovation of the idea;
  •      Disruptive potential in the market;
  •      Long-term sustainability (triple bottom line) of the concept;
  •      Scalability and extensibility of idea;
  •      Start-up potential.

Participating teams have to fill in the online application form in English, describing:

  •      Problem/need-analysis
  •      Project scope and idea
  •      Project description
  •      Project status: results so far (proof-of-concept)
  •      Three-year business/scaling plan incl. investments, revenues, profit and impact for people in need.

Participating Teams from Morocco should send their application by email to no later than the 25th of March 2019 at midnight. (Moroccan Time).

It is mandatory that each team submits one projects only.