Deadline: 1-Jun-22
The South African Breweries (SAB), in partnership with the SAB Foundation has announced the SAB SHARP Awards.
They find, support and scale social innovations – through challenge funding and tailored mentorship – which can directly and indirectly improve quality of life.
They define social innovation as innovation that demonstrates a sustainable business model while solving a social problem, with a particular emphasis on innovation that benefits women, youth, people with disability or those in rural areas.
Funding Information
Awards Can Range From
- R250,000 – R500,000 plus business development support to assist venture growth.
- In addition to the prize money, the awardees are assessed on a case-by-case basis and placed on a tailored mentorship program. This program is flexible and adjusted to the needs of each awardee, as mutually agreed by both awardee and mentor.
Target Audience
These awards target innovators, social entrepreneurs, institutions, students, researchers, social enterprises with innovative ideas or prototypes that empower women in at risk communities, either by assisting them to become economically independent or by addressing issues associated with Fetal Alcohol Syndrome or Gender-based violence.
Eligibility Criteria
The SAB SHARP Awards are open to:
- Any innovative solution that offers a credible prospect of meeting a demonstrable social need for low-income beneficiary groups (with a particular emphasis on innovation that benefits women in high-risk areas).
- All South African citizens 18 years or older.
Participation rules
They do not fund, sponsor or partner with the following:
- If you are an employee of the SAB Foundation, SAB Pty Ltd, SAB Miller Plc., ABI and affiliates
- If your business primary operations are sex, gaming, gambling, tobacco or illegal
- If your business is a franchise: you are a franchisor or franchisee etc
- If your business is an NPO, youth development/ educational organisation, women and children’s home, skills development project and does not generate income
- If you require sponsorship for an event, a launch, a conference, a forum, a seminar, a party or a fundraising function, land and building acquisitions
- If you require a bursary, a scholarship, an internship, and funding in the form of studies, exchange programmes and textbook, etc.
- If you require any form of sponsorship or donations.
For more information, visit https://sabfoundation.co.za/social-innovation-awards