Calling all entrepreneurs & innovators who want to make profit with purpose!

 

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Inevitable trends are here towards responsible investments, value-driven consumer expectations and major economic changes driven by new technologies and emerging global challenges. Next generation of products / services need to be profitable, sustainable and social desirable at the same time.

The Business SPIRIT Award is a first of its kind in Ireland which seeks to celebrate organisations, entrepreneurs and innovators who are embedding social and environmental values in their business. 
This is your opportunity to get involved in the value-driven economy!

#businessspiritaward

Business Opportunity + Innovative Solution + Positive Impact 


 

 

CATEGORIES

BEST EARLY STAGE CONCEPT
 

Entry requirements

  • Idea phase with solid business concept
  • Prototype or pilot product
  • No corporate form or registered less than 2 years in Ireland
  • Value integration into business model
    (Environmental, Social, Governance factors)
BEST BUSINESS PRACTICE
 

Entry requirements

  • Well defined business model with revenue generation
  • Product/service on the market 
  • Registered company in Ireland
  • Evidence based impact (Environmental, Social, Governance factors)

 

Why apply?

 

We believe that the whole process should benefit your business and help you to create profitable solutions while generating positive impact on society and natural environment.

Every business leaders have the special chance to create value for your business and others – no matter if it’s related to your product, supply chain, use of raw materials or workplace practices.

The award will be presented at the Responsible Innovation Summit on 16 October, Croke Park, Dublin and the best finalists will pitch on stage for the final scores.

 

The best finalists will be awarded

 

  • Business plan development, access to finance and incubation space – Dublin BIC
  • Professional pitch preparation – SNP international communication agency
  • Ticket to the Responsible Innovation Summit
  • 1 day horse-assisted leadership training

Worth € 5000 +

 

 

Additional benefits to overall category winners:

  • Meridian or Streetwise programmes for leaders
    – Common Purposes
  • € 1000 cash / category winner
  • Business Mentoring and ESG consultancy

Worth € 6000 +

PROMOTION
Extra publicity and marketing

SUPPORT
Mentoring, networking and more

FINANCE
From cash to investors and services

 

 

 

 

 

 

 

 

 

 

 

 

 

 

How to apply?

 

check details
1.

APPLY
in your chosen
category!

fill out
2.

FILL OUT
the simple online
application form!

if selected
3.

IF SELECTED 
pitch at the
Responsible Innovation Summit!

 

The application process is closed for 2018

 

The award is supported by 

 

Panel of Jury

 

 

What to know about the evaluation?

We would like to highlight the best value-driven innovative business solutions where the market opportunity for the company means a positive impact on people and on the environment. We are looking for entrepreneurs who are realizing that considering social and environmental factors in business means that they are better equipped to tackle challenges and succeed - whether it is a way of managing risk or creating a commercial growth opportunity. Your efforts and achievements toward shared values are important and this award is here to offer further support in your journey.

 

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The aim of the evalutaion process is to find out why is this an innovative solution with strong business performance indicators and relevant Environmental, Social, Governance factors.

Investors are more interested to get a better understanding of how a company actually works before they pick projects to invest in.

Find out more about ESG reporting and why investors’ asking for this >

 

 

The evaluation process will cover 3 main area:
Business opportunity, innovative solutions and integration of values with a positive impact. 

The written application form will be judged by high-level experts who will not only give points but feedback on where to improve your business case. This form represents 75% of the total points and the best projects will have the chance to pitch their project live on stage at the Responsible Innovation Summit, which contributes the remaining 25% of the final scores.

 

Closing date: 7 October 2018

Please check out Term & Conditions here! 

 

The application process
is closed for 2018
Your next chance to apply: in 2019

 

 

Is this for me?

It’s a good start if you want to create profit with purpose.
Let your values shine through and show how your business can bring innovation to the next level!

Our goal is to ensure that your application is well treated and you get valuable feedback whether or not you qualify for the pitch on stage session. We know that these processes require extra effort and attention, but we also know that sometimes a little push with a deadline can be encouraging and rewarding at the end giving, you the opportunity to focus and have a better picture of your goals, plans and more. Therefore we would like to encourage you to use this award as a chance to work on your proposition, have experts on your side with some ideas for improvement and join a community of like-minded people. And don’t forget to enjoy being involved in a community to create better businesses building on shared values! 

Is this for social entrepreneurs or CSR projects?

This award is dedicated to recognizing business practices where values are integrated into the heart of the business model and all activities related to productions, operations and beyond. Therefore CSR projects are not accepted unless it's part of the business strategy with a visible impact on the factors mentioned above. If you consider yourself a social entrepreneur that's great but it's not a requirement at all- We want to get a clear picture of how you are creating values, regardless of your form of operation.

I'm not solving any environmental/social challenges directly with my product, service but I'm considering environmental, social factors in the production and operations.

You can still apply, if you are creating value trough your supply chain, product or service design, operational activities, advocacy or elsewhere please make sure you consider these elements as parts of your business practice. It all matters and makes you an ideal candidate to apply for the Business SPIRIT Award. It's even better if you have ways of measuring your impact in different areas. 

Do I need to enclose any official report? (like impact measurement, certifications, etc.)

If you have any official certification (FairTrade, Vegan, Biodegradable, Organic, Carbon neutral, etc.) please add it to your application. If you are in the process of getting an official certification related to your business/supply chain, please add this information to your application. It is not an entry requirement.