The European Investment Bank Institute Social Innovation Tournament recognises and supports the best European social entrepreneurs. It is organised in a different country every year to reward and sponsor European entrepreneurs whose primary purpose is to generate a social, ethical or environmental impact. This year’s Social Innovation Tournament will take place on 8 October 2020, in Lisbon, Portugal.
Projects are typically related to combating unemployment, marginalisation of disadvantaged communities and promoting access to education in a wide range of fields, from education and health care to the natural or urban environment, using new technologies, new systems, and new processes.
All projects compete for the General Category and Special Category First and Second Prizes of €50,000 and €20,000 respectively. In 2020, the Special Category Prizes will go to projects focusing on environment (with special emphasis on biodiversity and ecosystem conservation). Two projects will be selected to attend INSEAD Social Entrepreneurship programme in Fontainebleau, France.
The prizes are awarded by a jury of specialists from the academic and business worlds.
The Tournament is open to individuals or teams from (or residing in) the European Union Member States, Candidate and Potential Candidate countries, and EFTA countries that submit proposals to be implemented in one or more such countries. Entries are mainly expected from young entrepreneurs and social enterprises, the corporate responsibility departments of private sector companies of any size, NGOs and government or local government bodies and university communities.
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