Applications Invited for GAIA Impact Challenge (GIC)

Applications Invited for GAIA Impact Challenge (GIC)

Organization: The Golden Space Global Capital, Pte Ltd

Apply By: 11 Nov 2019

Grant Amount: 36739 USD

About the Organization:

The Golden Space Global Capital, Pte Ltd is a private impact investment holding company that supports positive, purposeful, transformative and profitable projects/companies to grow in the world in order to create the new Golden Age that is full of love, light, balance and oneness on Earth & in full alignment with the mission of The Golden Space.

About the Challenge:

GAIA Impact Challenge (GIC) is a global program powered by The Golden Space Global Capital with the mission to support and accelerate for-profit early stage innovative companies that have the purpose of positive impact to our Mother Earth (Gaia) with focus on the betterment of Marine Life, Women & Children, Plants & Animals.

Application Criteria:

You should have the following qualities

1) Stage of Project:

  • Ideation, Prototype (Product and/or Service) with some market validation, Early Investment Stage (Pre-Seed & Seed)

2) Geographical Location:

  • Applicants can come from any country but priorities will be given to the countries where The Golden Space® Centres are present (Singapore, Malaysia, Indonesia, Australia, Austria, UAE, Hong Kong, UK, USA)

3) Other Criteria’s:

  • Companies do not have to be incorporated at the point of application.
  • Companies who have not incorporated their business at the point of application and are in the process of applying or prototyping, a relevant official proof must be illustrated.
  • The company should be incorporated and be registered at the point of fund disbursement.

What do they look for in an application?

1) Compelling Social or Positive Impact Objective

  • Clear and Measurable Impact Objectives on any of these areas (Marine Life, Women & Children, Plants & Animals)

2) Sustainable Business Model

  • Strong and feasible busines model (strong value proposition, market size, clear monetization and profitability, competitor landscape, strategies to sustain the business)
  • Reasonable organization and operations capabilities

3) Committed Team

  • Management Team able to demonstrate commitment to execute the plan
  • ​Team members have relevant experience and expertise in the market/ industry and social needs.
  • Team possess strong mindset and heart set on result, social mission and ethics accountability.

Grant Amount: SGD 50,000

Deadline: 11 November, 2019

For more information please check the Link


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