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 prizes will go to projects focusing on the environment (with a special emphasis on biodiversity and ecosystem conservation. 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 Lisbon, Portugal, on 8 October 2020.
The Chair, the monumental work of art that marks the entrance to the European Investment Bank's headquarters in the Kirchberg district of Luxembourg City is lit up in blue for World Children's Day 2021.