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Basscom

11 July 2019 by Reach for Change

Apply for the contest for social entrepreneurs PROMYANATA


The sixth edition of the contest for social entrepreneurs PROMAYATA is searching for scalable start-up ideas which improve the lives of children and youth. The contest is open for application until July 18th at: www.nova.bg/promyanata

Award Fund:
Five finalists will win a place in the Incubator of PROMYANATA (Game Changers) 2019 for a period of one to five years. As part of it, they will benefit from:

● Financial support
Initial capital of BGN 30,000 for the big winner and BGN 15,000 for each of the other two finalists with the highest online vote. The financing is aimed at helping participants in the Incubator develop a sustainable business model and secure their initial financial independence.

● Mentorship support and professional consultancy.
The finalists receive mentorship support by business specialists from Nova Broadcasting Group. Reach for Change Bulgaria will provide them with trainings, individual consultancy sessions and provision of its world recognized tools for strategic planning, measurement and management of social effects and growth.

● Community and contacts with potential partners
Participants in the Incubator gain access to a network of corporate partners (including potential investors, donors and other key contacts) and the community of social entrepreneurs in Reach for Change's programmes in Bulgaria and another 15 countries on three continents.

● Media coverage and public trust
Participants in the Incubator benefit from media support on the part of Nova Broadcasting Group covering their activities.

As part of the selection process, 10 to 15 of the best candidates will receive pre-incubation support in a two-month free training programme, which will allow them to develop their ideas before moving on to the next stage of the competition.

PROMYANATA is the biggest socially responsible initiative of Nova Broadcasting Group done in partnership with Reach for Change Bulgaria Foundation.

For more information: www.nova.bg/promyanata; http://www.facebook.com/promyanata.bg