The Forbes Under 30 $1 Million Change the World Competition is the largest ever for young social entrepreneurs.
Five or six finalists, selected from the complete pool of competitors, will receive a cash award of $100,000 USD. They will then compete on-stage at the Forbes Under 30 Summit in Philadelphia on October 6, 2015 in front of 2,000 world-class mentors and the best young entrepreneurs and game-changers in the world, as culled from the Forbes 30 Under 30 lists.
The overall winner will receive at least $400,000 USD in additional cash and in-kind support, bringing their award total to at least $500,000 USD, and the overall award total to $1,000,000 USD.
The competition calls on social entrepreneurs with disruptive and scalable ideas with the potential to change the world. It is open to both nonprofit and for-profit enterprises. This is not a business plan competition – organizations or companies must already be in operation and the prize money should be utilized to accelerate the most promising ideas.
All submissions must be submitted on HeroX.com. Applications will be screened by the Wharton Social Impact Initiative of the University of Pennsylvania. The finalists will be announced in early September, before competing on the main stage at the Forbes Under 30 Summit on October 6.
These Challenge Guidelines are part of the Challenge Specific Agreement that governs the competition and to which you must agree before making a submission. To view the Challenge Specific Agreement, click on “Submit an Entry.”