Tuesday 14 February 2023

100x Impact Accelerator by LSE 2023 (£150,000 in funding)

If you’re leading a non-profit or social venture, and you aspire to affect positive change on the scale of billions, you’ve come to the right place. (100x Impact Accelerator by LSE 2023 (£150,000 in funding))

We’re looking for the radical thinkers, the visionaries, the entrepreneurs who see a new world, a better world.
  • The 100x Impact Accelerator will give the most promising social businesses in the world a brand-new platform. And scale them to help us address major issues like health, migration and refugee issues, equitable economies, polarization, and climate change, to mention a few.
  • The 100x Impact Accelerator will offer essential grant-making services and resources for the social sector. That were previously only accessible to for-profit businesses and commercial corporations as a result of Sir Paul Marshall’s kind donation of £50 million to the LSE.
  • The first call for applications, which is accessible to social companies from all over the world, including Africa. 70% of which are from emerging markets. Will run until March 10th, 2023.
Benefits
  • The 10 social entrepreneurs chosen will each receive a grant of £150,000, access to LSE’s world-class expertise, and a 12-week program of specialized support from experts and social unicorn founders.
  • Each social entrepreneur chosen for the 100x Impact Accelerator will receive a grant of £150,000,
  • access to the world-class knowledge of the LSE, and
  • a 12-week program of individualized coaching from experts and social unicorn founders to help leaders decide how to maximize their impact.
  • The curriculum consists of two weeks of in-person instruction at the London School of Economics (LSE). Online consultations with specialists, and an annual Summit Day. Where all participants will make presentations to donors, investors, governments, and the media.
For ventures participating in 100x, all costs will be reimbursed.

Eligibility
  • Organizations in eight areas climate change and the environment, health and social care, refugees and cohesion, fair economies, happiness and wellbeing, democracy, education, and new frontiers will be awarded spots. These sectors closely align with the research priorities of LSE.
  • If you’re an impact-first organization, a registered charity, not-for-profit, or social enterprise, and you’re currently scaling social impact in one of our eight Impact Areas, then you are eligible.
  • We welcome applicants from anywhere in the world, as long as you have a minimum viable product (MVP) and a track record of achieving impact.
Purpose of 100x Impact Accelerator
  • The aim of 100x is to find the right combinations of knowledge, guidance, and funding. To help impact-driven organizations think more broadly and accomplish more. It apes the effective private sector company accelerator model. And strives to demonstrate how impact-driven organizations may end the cycle of grant-seeking and subpar governance. These elements frequently work together to restrict an organization’s ability to expand and have an impact.
Cohorts
  • Every year, the 100x Impact Accelerator will help two cohorts of ten social companies, 70% of which will be from emerging countries. The accelerator is seeking scale-up impact organizations with a tested business strategy so that it may assist in achieving their next significant growth spurt.
  • Organizations in eight industries that strongly align with the research interests of LSE will be given spots. Climate and the environment, health and social services, cohesiveness for refugees, equitable economies, happiness and wellbeing, democracy, education, and new horizons are some of these.
Application click here

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