Deadline: 31-Jan-23
Your company is active in developing or emerging countries? Your company has innovative ideas and offers solutions that contribute to improving the living conditions in these countries? Then you can apply now for the German Entrepreneurship Award for Development 2023!
Objectives
The CDG e.V., BMZ and GIZ aim to support the development policy commitment of companies with respect to the SDGs in partner countries of the German Federal Government, and to make this commitment known to a broader public so that it can serve as an example for many other companies worldwide. One measure taken to achieve this goal is to present cash prizes to the winners of the ‘German Entrepreneurship Award for Development’ in two categories. At two-year intervals, awards are presented to companies whose projects or innovative business models in developing countries and emerging economies have made or are making a demonstrable contribution to one or more SDGs. The aim in presenting the awards is to make the general public aware of the remarkable achievements of the prize-winners and encourage other similarly outstanding achievements. In this way, CDG e.V., BMZ and GIZ create incentives for other companies to become involved in the field of development cooperation and in so doing promote international cooperation for sustainable development.
Funding Information
- The Entrepreneurship Award comes with prize money of EUR 30,000 in each of the two categories. The money flows into the prize-winning projects and product ideas, providing additional impetus for the companies’ international activities. The recipients commit to using the prize money for the dedicated purpose of continuing the company’s engagement for the benefit of the local population.
- The German Entrepreneurship Award for Development is conferred every two years on the initiative of the Carl-Duisberg-Gesellschaft e.V. (CDG) on behalf of the Federal Ministry for Economic Cooperation and Development (BMZ). The award honours the commitment of companies in developing and emerging countries that goes beyond the corporate objective and that benefits the local people. The award is given in two separate categories: Category A “Business for Development” and Category B “Innovation for Development”.
- The award ceremony in 2023 is expected to take place in June 2023 hosted by the Federal Minister for Economic Cooperation and Development, Svenja Schulze.
Categories
- Business for Development.
- Innovation for Development.
Application Criteria
- Business for Development
- In the ‘Business for Development’ category, the award distinguishes company projects and measures that have already been implemented or that are running successfully. The award honours long-term entrepreneurial engagement that goes beyond the company’s usual commercial activities abroad and displays measurable development-policy results at the local level. In line with the tradition of CDG e.V., this category focuses on activities relating to education. No awards are presented for pure PR campaigns, fundraising campaigns or one-off aid campaigns.
- Innovation for Development
- The ‘Innovation for Development’ category awards a prize for entrepreneurial projects that generate innovative products or services that promote sustainable business practices and improve people’s living conditions over the long term. The award is primarily aimed at companies that have developed a product to a state of market readiness and now want to put it to use or expand it. The proposals target the poorer sections of the population.
Eligibility Criteria
- The German Entrepreneurship Award for Development is aimed at German or European companies that are committed to development cooperation and whose project supports the general good. The results of the activities for which the award is presented must be available or be made available to the general public;
- The activities involved must demonstrate company engagement that clearly goes beyond commercial interests;
- Associations, clubs and private individuals are barred from application;
- Projects of companies that are represented on the jury by employees, managers or other individuals are barred from application;
- Companies from all sectors and business areas may submit proposals;
- Project proposals may only be submitted by employees, managers or otherv individuals representing the applicant company;
- Companies can only apply once for each category;
- Companies that have already received the German Entrepreneurship Award for Development may only reapply for the award with completely new projects. Then, too, only one application per category is possible;
- The company must be a suitable recipient of (possibly further) de-minimis aid (see application bndocuments, de-minimis declaration);
- The planned activities that are presented should be funded to at least 50% from the company’s own funds and at most 50% by the potential prize money;
- Companies or individuals may be barred from participation if
- Insolvency proceedings or similar legal proceedings have been initiated against their assets or a npetition for such proceedings has been filed or has been rejected for lack of sufficient assets. By submitting the application form, the submitter confirms that he/she has been informed of and consents to a credit report on his/her company being obtained via Creditreform;
- They are being wound up. By submitting the application form, the submitter confirms that he/she has been informed of and consents to a credit report on his/her company being obtained via Creditreform;
- They can be shown to be guilty of grave misconduct in their professional activities that casts doubt on the company’s integrity;
- They have not properly fulfilled their obligation to pay taxes and duties or contributions to the statutory social insurance scheme;
- They have made inaccurate statements in the procedure with regard to their suitability or the presented activities;
- They have attempted to influence the decision-making process related to the award in an impermissible way;
- They have attempted to obtain confidential information with which they could gain impermissible advantages with regard to the award;
- They have failed to comply with an earlier and still unfulfilled order to return aid.
For more information, visit Entrepreneurship Award.