Organised by the EIB Institute, the SIT recognises and supports the best European social entrepreneurs whose primary purpose is to generate a social, ethical or environmental impact.
The fifteen finalists selected will compete for four prizes awarded by a jury composed of specialists from the academic and business world: a first prize of EUR 50 000 and a second prize of EUR 20 000, in two different categories - general and special.
This year, the special category is sustainable consumption and sustainable production (including circular economy). Projects also compete for a residency at IRIS (Incubadora Regional de Inovação Social). Two projects will be selected to attend INSEAD Social Entrepreneurship programme in Fontainebleau, France.
The tournament runs in two rounds:
In the first round, a selection committee comprised mainly of EIB Group experts in innovation, environment and other relevant disciplines, will select 15 finalists. The finalists will be invited to a mentoring bootcamp to provide them with the necessary guidance for the finalisation of their proposals
In the final event, all the finalists will present and defend their projects to a jury composed of social innovation specialists.
The final event will take place in Dublin, Ireland, on 24 October 2019.