Applications Invited for Bayer Foundation Women Empowerment Award 2024

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About the Organization

Bayer Foundation’s vision is to catalyze advances in Science and Social Innovation for a world with Health for all, Hunger for none. There is no meaningful progress without science and social innovation. Fundamental research and cutting-edge advances in science are the basis for progress. Social innovators bring concrete and long-lasting change to people and communities.

About the Award

Are you a woman entrepreneur driving change in Asia Pacific, Latin America, Africa or the Middle East? Apply for the chance to join the Accelerator Programme, and gain valuable exposure, resources, and opportunities for your business to thrive!

The Bayer Foundation Women Empowerment Award (WEA), powered by Impact Hub Network, is a vibrant celebration of women entrepreneurs leading innovative change.

This award goes beyond mere recognition; it is a dedication to support women pioneering in health, nutrition and related climate-smart solutions. We’re seeking 15 exceptional winners (5 per region) to join the 6-month Accelerator Programme. Together, we are actively shaping an inclusive and equitable future for all.

Benefits

As one of the fifteen award winners, you’ll receive:

• 6-Month Accelerator Programme: Mentorship, expert network access, and unwavering entrepreneurial support.
• Sponsored Trip to Berlin: Enjoy a sponsored trip to the award ceremony early June 2024.
• €25,000 Cash Support: Fuel your business growth and amplify your impact.
• Visibility and Recognition: Media presence to share your story with the world.
• Join the Alumni Network: Connect with an influential global community of women entrepreneurs.
• Access to the Impact Hub Network: Join 320K Impact Makers accelerating inclusive and sustainable innovation at scale.

Eligibility

The award seeks to support women entrepreneurs driving impactful solutions in the Global South region, specifically Asia Pacific, Latin America, Africa and the Middle East. To qualify, applicants must centre their solutions around health, nutrition and their intersection with climate-related challenges. Additionally, the solutions should emphasise social or community impact. Applicants are encouraged to integrate this focus into their applications. Stand-alone climate-smart solutions will not be accepted.

To be eligible to apply for the Women Empowerment Award, please make sure you meet the below criteria:

Women business leaders:

• The applicant must be a woman in a leadership position ((co)-founder or C-level) in the company. Other leadership positions in the organization may (can also) be filled by males.

Has a sustainable business/financing model:

• Organisations of any legal entity type may apply, as long as there is a strong business mindset and the business is not dependent on grants/donations/subsidies/etc as a sole income stream.

Offers an impactful solution in health, nutrition, and/or climate-smart solutions in either field:

• This includes but is not limited to solutions in food, agriculture, and water. Stand-alone climate-smart solutions will not be accepted, they must be related to health and nutrition.

Is creating a social or community impact:

• Solutions should (aim to) be accessible to Low or Middle-Income Communities. Higher product/service prices before economies of scale are accepted.

Is driving impact in the Global South:

• The business must drive its impact in low- and middle-income countries in Africa, Asia Pacific (excluding Australia & New Zealand), Latin America, or the Middle East. Business registration in the Global South is preferred.

Is revenue-generating and has received a maximum of one million USD in funding:

• The business should have annual revenue between 0 USD and (to) 1 million USD.

Strong personal drive & commitment to impact:

• The applicant should have a strong personal drive and commitment to social impact. We favour applicants who have had to overcome obstacles in life.

How to Apply

Apply before March 27th!

For more information please check the Link

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