Social Impact New Venture Challenge
Social Impact New Venture Challenge (SINVC)
The Innovation & Entrepreneurship Initiative hosts this offshoot of NVC, where teams can win up to $5,000. First and second place teams have automatic acceptance into the July SEA Change Social Enterprise Accelerator Cohort.
What is a Social Enterprise? A social enterprise is an organization that operates with the primary goal of addressing a social, environmental, or community issue through its business activities. Unlike traditional businesses that prioritize profit, social enterprises aim to generate revenue while simultaneously creating positive social impact. These organizations often reinvest a significant portion of their profits back into their mission to further their social goals. Social enterprises can take various forms, including for-profit companies, non-profit organizations with income-generating activities, or hybrid models. The key characteristic of a social enterprise is its commitment to balancing financial sustainability with social responsibility.
âš ÌýRegistration for the 2025 has closed. The winners will be announced on April 7!
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