The 2024 Entrepreneurs for Resilience Award aims to support social entrepreneurs enhancing access to quality primary healthcare for low-income individuals in low- and middle-income countries (LMICs) through innovative hybrid delivery models. The initiative collaborates with the Digital Connected Care Coalition and the UBS Optimus Foundation to combine expertise, networks, solutions, and funding for social entrepreneurs in the healthcare sector. Applications are invited from those proposing hybrid models that integrate physical point of care with digital tools. |
Scope |
Addressing challenges in providing quality primary healthcare, especially for low-income and rural populations, the award focuses on hybrid care models combining "brick" (in-person care) and "click" (digital tools) elements. The goal is to scale existing models that facilitate healthcare delivery, potentially offering financing solutions to make healthcare more affordable. These models should have linkages or the potential to integrate into government efforts and existing public health systems. |
Award Benefits |
- Total grant of USD 700,000 divided among the winning initiative (up to USD 350,000) and two runners-up, paid in instalments over two years. |
- People's Choice Award winner, determined by public online vote, gets the opportunity to connect with potential investors at an event hosted by Sankalp Forum. |
- Tailored non-financial support for finalists, including technical advice, training, advisory services, data-gathering, and potential follow-up funding from the UBS Optimus Foundation. |
- Access to a network of like-minded peers and opportunities to share knowledge. |
Eligibility Criteria |
- Social enterprises must align with the award's scope, demonstrating high social impact with measurable outcomes. |
- At least 30% of the customer base should be low-income populations, and enterprises should prioritize gender inclusivity. |
- Operations must be in countries defined as low-income or lower middle-income by the World Bank. |
- Ventures must operate on a market basis, showing potential for growth and scalability through earned revenue. |
- Established by 2021, serving at least 20,000 people, and with the potential to reach at least 100,000 people in the next two years. |
- Solid management team, well-defined responsibilities, and a diverse, well-structured workforce. Preference for ventures with at least one female founder or at least 30% women in the management team. |
- Legal compliance with the operational country's legal framework, allowing for grant funding from Swiss non-governmental organizations such as the Swiss Re Foundation. |
Application Deadline: 23 January 2024
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