reSET, whose mission is advancing the social enterprise sector, is pleased to announce that the application process for its 2016 Impact Challenge has commenced.
Now in its sixth year, the Impact Challenge competition is open to early-stage entrepreneurs and startups from all industries that operate or have operations in New England, and whose business or business concept is designed to create a positive social and/or environmental impact. Startups from the following states can apply: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, or Vermont.
Applications close June 1 and honorees will be notified by late August. The competition culminates at reSET’s Impact Awards Night. After a three-leveled application process, honorees chosen by an expert jury will receive unrestricted seed capital and expert professional services valued at $100,000. The event will be held on October 27, in Hartford and winners will be required to attend.
“The purpose of the reSET Impact Challenge is to award funding and to bring regional attention to the most innovative, impactful, and viable startup social ventures,” said Benjamin Simmons-Telep, Programs Manager at reSET. “We’re equally committed to providing feedback at every level of the application process so participants’ businesses benefit regardless of whether they make it to the final round.”
reSET’s Impact Accelerator was recently a winner of the U.S. Small Business Administration Growth Accelerator Competition and was the only Connecticut accelerator to receive the award in 2015.
To learn more about the Impact Challenge, visit www.theimpactchallenge.org or attend an information sessions at the reSET Business Factory, 1429 Park Street, Hartford. Session dates are:
- Tuesday, April 26, from 9:00 to 10:00 a.m.
- Wednesday, May 11, from 12:00 to 1:00 p.m.
- Tuesday, May 24, from 4:00 to 5:00 p.m.
- Thursday, May 26, from 11:00 a.m. to 12:00 p.m.
To learn more about reSET, visit www.socialenterprisetrust.org