The Social Innovation Tournament is the European Investment Bank initiative which aims to promote innovative ideas and to reward initiatives that contribute to creating social, ethical and environmental impact. It covers projects in a wide range of fields such as education, healthcare, environment, circular economy, inclusion, job creation, ageing and many more. 

To mark the tenth anniversary of the SIT, winning projects in the General Category and Special Category will be awarded a first or second prize of €75 000 and €30 000 respectively, and an Audience Choice Award of €10 000.
The winner of the first prize in the General Category will also benefit from an EY mentoring voucher (half-day business plan fine-tuning).
In 2021, the Special Category Prizes will go to projects focusing on sustainable living.  Two projects will be selected to attend INSEAD’s Social Entrepreneurship programme in Fontainebleau, France.

The Final Event will be held on 7 October in Lisbon, Portugal.

Finalists become members of the SIT Alumni Network and can apply to participate in a Scaling Executive Programme, e-learning programmes, webinars, innovation grants programme (SITolarships), investor’s fair and other mentoring activities.

Eligible applicants

• The Tournament is open individuals or teams (students teams are also welcome) from or residing in the European Union Member States,Candidate and Potential Candidate countries and EFTA countries whose proposals are to be implemented in one or more of these countries
• The Tournament aims to attract both non-for-profit and for-profit organisations, in particular young entrepreneurs and social enterprises, NGOs, corporate responsibility departments of private sector companies of any size, government or local government entities and university communities

How to apply

Any single applicant can submit as many proposals as they want.
Proposals should be submitted in English and sent to institute@eib.org.

Deadline: 3 March 2021, 23:59 CET. 

Find out more here.