What’s your moonshot innovation to a global grand challenge that leverages exponential technology and has a potential to impact a billion people in 10 years?

2019 Winner

Amalia Sapag

Amalia Sapag

Project: Anti-Lox
Anti-lox is an effective and safe biotechnological antidote for the venom of Loxosceles spiders, developed in Chile for the world’s benefit.

Overview

The purpose of the SingularityU Chile Global Impact Challenge is to foster entrepreneurs, startups and anyone with moonshot ideas to have positive impact. We intend to improve the lives of Chileans and scale the moonshot to impact a billion people worldwide in 10 years.

Singularity University hosts this Global Impact Challenge in collaboration with HER GLOBAL IMPACT for the 7th consecutive year since 2013. HER GLOBAL IMPACT seeks to promote the development of new industries and businesses led by female entrepreneurs, using exponential technologies that generate positive impacts on society.

What moonshot innovation would you develop to solve a global grand challenge (environment, energy, water, food, health, disaster resilience, governance, learning, space, security, prosperity, and shelter) using exponential technology that would impact the lives of a billion people in the next 10 years?

The prize

The winner of this challenge will secure a full scholarship to attend Singularity University’s Global Startup Program (GSP). The GSP helps future-focused entrepreneurs transform radical ideas into tangible impact on a global scale. It’s a structured, immersive program offering startup-focused educational resources and world-class mentorship from SU’s faculty, staff, and industry experts—in a safe, nurturing environment. The program aims to scale startups into global businesses. We want to inspire you to solve the world’s biggest challenges and impact the lives of a billion people.

 The GSP brings together entrepreneurs from around the world for structured, immersive workshops and intensive fieldwork in multiple locations around the globe, as well as continued access to support and resources via a best-in-class connectivity platform.

The GSP will start by helping to cultivate a new mindset and toolset to overcome the challenges of technological disruption. Next, the program will work with you to accelerate your time to product-market fit, transform your startup from an idea to a venture that can help a billion people (“billion-scale”), and connect you with a global community to catalyze results. In short, GSP is designed to help you create a 10x startup at a global level.

What does the GSP do?

  • Accelerates your growth
  • Scales your operations for global impact
  • Helps you strengthen your tech stack
  • Connects you with a global network of mentors and investors

Learn more about the GSP here

Dates and timeline

Applications open: April 12, 2019
Applications close: May 31, 2019
Announcement of Finalists: July 12, 2019
Pitch event & Winners announced: July 25, 2019

Additional information can be found at herglobalimpact.com

Rules & Criteria

Applicants must meet the following eligibility requirements:

  • The challenge is open to residents and citizens of Chile
  • This challenge is open to female entrepreneurs, using exponential technologies that generate positive impacts on society
  • You must be age 21 or older on the first day of the GSP
  • You must be fluent in written and spoken English
  • Your venture is a fully formed entitiy (in seed, idea-stage or scale-up) and has at least two full-time co-founders.
  • You must be able to participate in the entire Global Startup Program
  • Applicants selected as finalists will participate in the Live Pitch Event

We will be really thrilled to find:

  • SU mission alignment: You have a startup in one of the global grand challenge (GGC) spaces.
  • Team: Your startup has at least two full-time co-founders.
  • Experience: You have expertise in an exponential technology and/or a key GGC space.
  • Time: Your venture is a fully formed entity, and is in the seed-stage or idea-stage.
  • Traction: You have demonstrated market traction (LOIs, purchase orders, validated trials, sales, etc.).
  • Eagerness to learn: You’re looking for a substantial shift in mindset and skill set, and are eager to globalize your startup and 10x your impact.
  • Availability: You’re available to the GSP Activate (three weeks) phase, and the SU campus in Mountain View for the Accelerate (three weeks) phase.

The GSP is for startups aligned with global grand challenges (GGCs) that want to 10x their current startup and scale it globally. We’re looking for startups that have experience with exponential technology, some level of demonstrated market traction, and an eagerness to radically level-up their business. Cohorts include founders from different countries, backgrounds, ages, ethnicities, and cultures, and you’ll find gender diversity in cohorts representing more than 40 countries.

We will evaluate submissions using the following criteria:

  • Degree of the solution’s relevance to the theme of the challenge
  • The regional relevance in solving the challenge in Chile
  • Project or Idea leverages exponential technology to solve the problem
  • Feasibility, viability, and coherence of implementing the idea
  • Impact & compelling need and potential to scale globally
  • Committed existing team
  • CV or resume
  • Summary of accomplishments
  • An abstract of the project idea
  • Video (provide url) of the project idea
  • Applications open: April 12, 2019
  • Applications close: May 31, 2019
  • Announcement of Finalists: July 12, 2019
  • Pitch event & Winners announced: July 25, 2019

Frequently Asked Questions

Global Impact Challenges (GICs) are incentive competitions organized by partners in countries around the world to identify innovative startups & solutions using exponential technology to solve the world’s pressing challenges. The winner of this challenge receives a full sponsorship to attend Singularity University’s 2019 Global Startup Program (GSP).

 

The GSP is for startups aligned with global grand challenges (GGCs) that want to 10x their current startup and scale it globally. We’re looking for startups that have experience with exponential technology, some level of demonstrated market traction, and an eagerness to radically level-up their business.

Ideal candidates full-time founders with a fully formed entity in the early-stage or seed-stage.

Intellectual property resulting from a GIC belongs to the applicant(s).

The selection process has 2-3 phases, depending on the GIC. The first phase involves a review of all applications to determine 5-10 finalists, and the second phase involves final judging to select the winner at a pitch event.

Yes, there is an expectation for winners to continue working on their winning projects.

GIC winners are responsible for their own travel expenses to/from SU.

In all cases where a GIC winner cannot attend GSP, the winner forfeits his or her GSP seat to the first runner-up and would then need to reapply for admission in a future year.

For more information, see the Global Solutions Program.

 

Still have questions?

Contact the Global Impact Challenge team at SU at gic@su.org.