Credit Suisse Lead 2030 Challenge for SDG 14 ( $50,000 grant)
Deadline: 1st of March, 2023
Credit Suisse is pleased to support SDG 14 and the Lead 2030 Challenge. The Challenge aims to identify and support impactful businesses that want to close the gap in attaining SDG 14 as much as possible. Entrepreneurs are encouraged to submit their business plans to Credit Suisse for consideration if they operate for-profit businesses that support the improvement of ocean health in any way.
Participants are invited to come up with solutions that could preserve and/or replenish the ocean’s natural resources. Participants are not limited to the examples below. For instance:
- Reducing marine waste (along any part of the value chain.
- Alternatives to single use plastic packaging/materials.
- Support sustainable aquaculture practices.
- Preventing food waste and food loss along the food supply chain from post-harvest to the retail and consumer level.
- Provide marine conservation benefits.
Alternatively, solutions linked to opportunities for enhanced or new economic activity derived from the ocean. For example:
- Ocean related energy.
- Blue carbon initiatives.
- Minimise shipping contribution to climate change.
Benefits:
The winning solution will receive:
- Sponsorship to participate in the One Young World Summit 2023
- A US$50,000 grant from Credit Suisse
- 12 months of mentorship from a team of Credit Suisse professionals. The mentorship team will work to accelerate your solution based on the needs of your initiative or organisation, such as:
Business strategy
Best practices for data collection
Monitoring and evaluation
Product design
Eligibility:
- Aligned: Evidently aligned with the SDG14 challenge.
- Youth-led: Founded by a person aged 18 – 30.
- For-profit: Be a registered business operating with a for-profit model.
- Focused: Well-structured time horizon, identified key stakeholders and beneficiaries, and proposed outcomes that are reasonable and well thought out.
- Proven: Solution is readily available, being piloted, implemented, or scaled
- Impactful: Solutions must have a positive social impact, for example, generating educational outcomes, employment opportunities, or developing skills.
- Measurable: Solution’s impact in society must be adequately measured and/or be measurable.
- Financially viable: Must be able to achieve efficiency and to survive independently through the resources they generate and/or the investments and donations they attract.
- Scalable: Potential to grow impact after expanding in scope or size and/or into other regions.
