Tag Archives: Multiple Regions

bachelor's, Opportunities, Scholarships

WELLS MOUNTAIN INITIATIVE UNDERGRADUATE SCHOLARS PROGRAM

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Application Deadline: March 1, 2024

LOCATION: Multiple Regions

Applications for the Wells Moutain Initiative Undergraduate Scholars program is open  to students, male or female, from a country in the developing world who which to puruse their undergraduate program in their home country or other developing countries.

ELIGIBILITY:

Ideal Candidate – A student, male or female, from a country in the developing world who:

Successfully completed a secondary education, with good to excellent grades

Is 35 or under on March 1, 2024

Will be studying in his or her country or another country in the developing world*

Is pursuing his or her first bachelor’s degree or diploma

Will be enrolled in a program of study that will benefit the community and/or contribute to the continued growth and advancement of his or her home country 

Plans to live and work in his or her own country after graduation

Has demonstrated his or her commitment to giving back and has volunteered prior to applying

May have some other funds available for his or her education, but will not be able to go to pursue his or her tertiary degree without financial assistance

BENEFIT:

$3000 USD awarded annually and are provided throughout the undergraduate education of the recipient.

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SWISS RE FOUNDATION ENTREPRENEUR FOR RESILIENCE AWARD

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Application Deadline: 23 January 2024

LOCATION: Multiple Regions

The 2024 Entrepreneurs for Resilience Award will support social entrepreneurs working on a hybrid delivery model to improve low-income people’s access to quality primary healthcare in low- and middle-income countries

ELIGIBILITY:

Mission and purpose Applicants must demonstrate high levels of social impact and ideally be able to measure it in a reliable manner (eg improved health indicators, reduced out-of pocket expenses).

Target group Low-income populations must constitute at least 30% of the applicants’ customer base. Applicants should have a deep understanding of the specific circumstances of the people – women as well as men – they serve. Priority will be given to enterprises that are gender-inclusive, that is, strive to reduce gender inequalities.

Geography Applicants must operate in countries defined as low-income or lower-middle-income countries by the World Bank.

Operating model Applicants must operate on a market basis. While the venture may depend on grant funding, it must demonstrate an ability to grow and scale through earned revenue. Size Applicants must have been formally established by 2021, serve at least 20000 people and have the potential to reach at least 100000 people in the next two years.

Organisation Applicants must have a solid management team in which responsibilities are well-defined and distributed. It should also have a diverse, well-structured workforce. Preference will be given to ventures with at least one female founder, or at least 30% women in the management team.

Legal compliance Applicants must comply with the legal framework of the country or countries in which they operate and be allowed to receive grant funding from a Swiss nongovernmental organisation such as the Swiss Re Foundation.

BENEFIT:

Total grant of USD 700,000 for the three finalists. This amount is divided among the winning initiative (which may receive up to USD 350,000) and the two runners-up and is paid in instalments over two years.

The finalist that wins the People’s Choice Award, determined by public online vote, will be invited to connect with potential investors at an event hosted by Sankalp Forum, one of the world’s largest platforms for impact enterprises.

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