To be eligible for funding through the VIA, you need to meet the following criteria:
– The proposed idea/business plan should showcase impact in Greece’s economic and/or social sectors.
– Applicants must have incurred less than $5,000,000 in debt, grant, equity or other sort of funding.
– Early-stage applicants should be able to demonstrate a complete proof of concept.
– Applications are welcomed from for-profit entities only.
– Ventures are expected to be able to demonstrate a high impact, be sustainable and scalable.
Minimum $10,000 to maximum $50,000 per winner.
Winners must be present to receive a cash award. The cash awards paid by the Venture Impact Award sponsors do not constitute an investment in the winning proposals and sponsors do not receive equity or issue a loan in exchange for the prize money. Awards will be issued in the name of the company. The award sponsors will issue a letter confirming the use of the funds and the terms of payment. Each award will be split into 2 equal payments that will lie 6 months apart. Before releasing the 2nd payment winning teams should submit a 6-month report detailing how they used the funds previously transferred to them and also how they plan to use the future ones. Sponsors will review and approve the 6-month report before releasing the 2nd payment. At the end of the 12 months, winning teams should submit a 12-month report detailing how they used the cash awarded together with a cover letter addressed to the award’s sponsor.
September/October – Applications are open
October/November – Applications are due. Review of proposals.
December – Finalists and Winners announced.
Nosilia, established in 2001, is a Greek nonprofit aiming to fulfill primary healthcare, home care, and palliative care needs for individuals in need, extending support also to their families. Nosilia offers such services free of charge, serving a diverse demographic, including the elderly, chronically ill, and disabled individuals.
What we accomplished with your gift:
Odyssea supports vocational job creation and training for young Greeks (ages 18-34) who are from disadvantaged groups, low income, refugees or migrants, and are not in education or employment situations. Odyssea provides hard and soft skill vocational training and employment placement services.
What we accomplished with your gift:
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