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. 

The winning projects in the General Category and Special Category will be awarded a first or second prize of €100 000 and €40 000 respectively. The Audience Choice Award of €10,000 will be decoded by the public, based on their votes.

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 2023, the Special Category prizes will go to projects focusing on sustainable cities and communities
The finalists will be invited to a tailor-made training programme (Mentoring Bootcamp, e-training on pitching and communication techniques, Rehearsal Bootcamp) to provide them with the necessary guidance for the finalisation of their proposals.

Other awards:

• The Audience Choice Award worth €10 000 is decided by public vote.
• Membership of the SIT Alumni Network. Finalists become members of the SIT Alumni Network and benefit from numerous opportunities, from capacity building and various learning initiatives to networking and international visibility, to scale the impact of their venture.

All finalists will present their proposals at the Pitching Competition, to be held in Stockholm, Sweden on 27-28 September 2023.
 
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: 23 February 2023, 23:59 CET. 
 

Find out more here.