SEIF Awards Tech for Impact


What are the SEIF Awards Tech for Impact?

The SEIF Awards Tech for Impact target European impact entrepreneurs who develop or make innovative use of technologies to tackle social and/or environmental challenges and contribute to the UN Sustainable Development Goals (SDGs).

 

Why Tech for Impact?

When it comes to technological progress and global challenges, we live in fascinating yet demanding times. Technology can be a great tool for positive change, as innovative technologies often represent highly scalable solutions with potential to make a significant contribution to reach the UN SDGs. At the same time, we need to be aware of the potential negative impact it may bring along. This is why it is crucial to foster the positive potential of impact driven tech entrepreneurs.

 

What are the benefits?

For Winners

  • A total prize money of CHF 40’000 is at stake (each award grants the winner a prize of CHF 10’000, see the categories below)

For all finalists

  • Unique opportunity to increase international visibility and gain reputation
  • Pitch to a top-class jury & a large audience of relevant stakeholders
  • Opportunity to pitch in front of impact investors
  • Opportunity to pitch in front of one of the largest networks of sustainable business leaders in Switzerland
  • Stay part of the SEIF network of impact fellows for future opportunities

 

Who are we looking for?

Impact driven entrepreneurs with innovative tech solutions designed responsibly to contribute to at least one of the UN SDGs. We are looking for European based entrepreneurs, operations can be worldwide. The positive impact dimension should be clearly reflected in the core business principles.

 

What do we mean by impact driven tech entrepreneurs?

We have a rather broad definition of impact driven tech entrepreneurs spanning across all sectors ranging from solutions applying AI, AR, nanotech, robotics or material science to low tech solutions, digital platforms or drones. You have either created a new solution or apply existing technologies in an innovative way to create positive impact to reach the UN SDGs. Meet last years finalists here.

 

Award Categories 2020

SEIF Award for Scalable Solution
supported by SEIF

SEIF Award for Responsible Business
supported by PwC

SEIF Award for Social Innovation
supported by UBS

SEIF Award for Future Impact Trend
supported by Julius Bär


1. Can projects from outside of Switzerland apply for the SEIF Awards?

Yes, definitely! The SEIF Awards are not at all limited to Swiss ventures. We are more than happy to receive applications from all over Europe as well, the operations can be worldwide. With Europe, we refer to the region’s Innovation Ecosystem and refrain from a purely political or geographical definition. The EU Research and Innovation programme Horizon 2020 provides a useful guideline and all participating countries are welcome to apply. 


2. Can we apply with any technical solution?

Yes, of course! From Low Tech to Deep Tech, there are endless opportunities to use the huge potential of technology to tackle today’s social and/ or environmental challenges!


3. How much does it cost to apply?

It’s free of charge! There is no cost to apply.


4. Do we have to apply directly for a specific category (e.g. scalable solution or responsible business)?

No, you just hand in a general application for the SEIF Awards. The jury will assign your case to a specific category during the evaluation process.


5. Can I submit my award application in German?

Yes, absolutely! You can submit your application in English or German.


6. What should be included in my business description?

The structure of your business description is free but it should include all relevant information about your business. The business description should be uploaded in PDF format and should not exceed 25 pages.

Please remember that all important information should be covered, but the reader should not feel overwhelmed with information. Ask for feedback from a person not involved in your organization!


7. We already applied for the SEIF Awards in the past. Can we try again?

Yes, definitely. Every startup develops and changes over time. Among our past year’s winners were several startups that won an award only after applying for the second time.


8. What are the evaluation criteria for the SEIF Award applications?

The jury focuses on the following criteria during the evaluation process:

  • Professional skills of the project team
  • Innovation of the project
  • Social / ecological impact
  • Quality of the business model and financing
  • Proof of concept
  • Replicability and scale

9. We have an updated SRS-report. Can we hand it in instead of the business description?

Yes, of course. If you also have a business description, please hand in both documents.


10.  Can I start my application and come back to it later?

Yes, you are able to save your application and finish it later.


11. Can I still change my application after submission?

Yes, but you have to submit your application again.


12. When do I hear back from SEIF?

The applications for the SEIF Awards are open from January 5th until March 31st 2020. After this deadline, we will review all applications and present them to the Jury. You will hear from us by mid April. However, we recommend to block the pitch day 28th of April in your agenda. Please be aware that we can’t give personal feedback to your application.


13. Where and when is the Award Ceremony?

The Award Ceremony takes place in Zurich, 17th of June 2020.

We continuously update the FAQs.