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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?
Overview
The purpose of the SingularityU Peru Global Impact Challenge is to foster innovations and startups that positively impact the lives of people living in Peru, with an ability to scale and impact a billion people worldwide in 10 years.
What 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?
Why Host a Global Impact Challenge in Peru?
SingularityU Peru Global Impact Challenge is seeking to identify Peruvian innovators with projects or startups that can have the vision of positively impacting the lives of millions of people in the world through the creation of products, services and solutions with the use of exponential technologies.
The Prize
The winner receives a seat at the Singularity University Global Startup Program 2019 (GSP 2019). Singularity University’s Global Startup Program 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.
The GSP 2019 Program
The Global Startup Program 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.
We’ll start by helping you cultivate a new mindset and toolset to overcome the challenges of technological disruption. Next, we’ll 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.
Dates and timeline
Applications open: October 26, 2018
Applications close: November 23, 2018 at 1:00PM Lima, Peru time (PET)
Announcement of Finalists: November 26, 2018
Pitch event & Winners announced: December 5, 2018
Sponsored by:
Rules & Criteria
Applicants must meet the following eligibility requirements:
- You must be a citizen of Peru
- You must be at least 21 years of age at the time of application
- You must be fluent in written and spoken English
- You must be able to attend the entire SU Global Startup Program (April – June 2019)
We look for people from all professional backgrounds, but will be really thrilled to find you if:
- You’re a founder of an idea-stage startup or an individual with a moonshot idea
- You’re an accomplished entrepreneur, technologist, scientist, or change agent with expertise in your chosen field(s)
- You’re already considering how to leverage exponential technologies to create positive impact in the world
- You’re committed to the long-term journey of launching an impact-focused startup
- Degree of solution’s relevance to the theme of the challenge
- The regional relevance in solving the challenge in Peru
- Feasibility, Viability and Coherence of implementing the idea
- Entrepreneurial and innovative potential, with a focus on technological novelty
- Applicant’s leadership experience and quality, profile, achievements, and potential
- CV/Resume
- Summary of accomplishments
- An abstract of the project idea
- Within the abstract, describe and detail the following: your idea and problem/opportunity you are addressing, your solution and long-term impact, applied technology for your solution, and your business model
- A video URL of the project idea
- Applications open: October 26, 2018
- Applications close: November 23, 2018 at 1:00PM Lima, Peru time (PET)
- Announcement of Finalists: November 26, 2018
- Pitch event & Winners announced: December 5, 2018
GIC Organizing Team
Gary Urteaga
Organizer, SingularityU GIC Peru
FutureMed 2013
Irina Rymshina
Founder, Hoope
GSP 2014
José Ostolaza
Founder, Teleservicios Populares
SU EP 2016
Frequently Asked Questions
Global Impact Challenges (GICs) are annual incentive competitions held in partnership with sponsor organizations worldwide and organized by geography and theme. These challenges act as a platform to identify outstanding entrepreneurs, leaders, scientists, and engineers with the most innovative ideas for moonshot innovations and startups that can positively impact a billion people in 10 years. The winner of each challenge receives a full sponsorship to attend an SU program.
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.
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.
The winner will cover their air travel expenses to and from SU for the winner.
In all cases where a GIC winner cannot attend the SU Ventures Incubator program, the winner forfeits his or her seat to the first runner-up and would then need to reapply for admission in a future year.
Still have questions?
Get in touch with the Peru GIC organizers by emailing them at peru@gic.su.org, or contact the Global Impact Challenges team at SU at gic@su.org.