FeaturesPress Release

CHIVAS REGAL UNVEIL FINALISTS OF $1M GLOBAL SOCIAL ENTERPRISE COMPETITION

Chiva

[14th March, 2017]: Today, at the Skoll Centre at the world-renowned University of Oxford, 30 of the brightest startups from across the globe were unveiled as finalists of the Chivas Venture-a global search to discover and reward the world’s most promising social entrepreneurs.Each finalist, including RecylePoints from Nigeria,will travel to Los Angeles in July to compete for a share of $1 million to maketheir dream of creating a better future for the worlda reality.

Now in its third year, the Chivas Venture has to date received almost 6,000 applications across six continents from startups that are striving to use innovation and enterprise to make the world a better place.The vision of the future as imagined by this year’s finalists is a place where protein bars are made from crickets and shoes made from garbage;where walls of moss clean city air and consumers create value from everyday waste.

 

One finalist will represent each of the 30 participating countries at the hotly-anticipated Chivas Venture Final in Los Angeles in July. There they will brush shoulders with some of the biggest names in business and entertainment, and have just five minutes to impress the expert judging panel with their world-changing ideas and deliver the pitch of their lives.

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In preparation for the Chivas Venture Final, the 30 finalists have travelled to Oxford to take part in a transformational Accelerator Week programme created by the Skoll Centre for Social Entrepreneurship embedded within the Saïd Business School at the University of Oxford. During an intensive five days of learning, the finalists have the opportunity to develop leadership skills, take part in practical workshops and be inspired by global experts on critical topics that affect social startups.

 

Andrea Warriner, Deputy Director of the Skoll Centre, commented:

In today’s uncertain political and economic climate,social enterprise has never played a more important role in securing a better future for our society.There’s an incrediblepool of entrepreneursin the Final 30 of this year’s Chivas Venture competition, who we believe really have what it takes to make a difference. We’ve got agreatprogrammelined up for this week, and welook forward to being inspired by our finalists, while giving them an unforgettable experience.”

 

Richard Black, Chivas Regal Global Brand Director, added:

“We were blown away by the calibre of entries for this year’sChivas Venture competition. The businesses are a great example of the ingenuity and passion of entrepreneurs across the world who are committed to creating a better world for generations to come. The founders of Chivas Regal were entrepreneurs who gave back to their community, and by discovering and supporting startups who too give back to the wider global community, the ChivasVenture is continuing their legacy. At Chivas we firmly believe that generosity and success go hand-in-hand – and when you share your success with others,business becomes truly rewarding.”

 

From Monday 1st May to Sunday 4th June, the public will be able to show their support for their favourite finalist through a live vote. Over the course of five weeks, the public’s vote will determine how the first $250,000 in funding is split among the finalists. The winner(s) of the remaining $750,000 in funding will be decided on Thursday 13th July at theChivas Venture Final in Los Angeles, after a high-stakes pitch in front of the judges and a live audience.

 

To learn more aboutRecylePointsand the other 29 global finalists of the Chivas Venture, visit their pages at www.chivas.com/the-venture.

 

The Chivas Venture Finalists:

 

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Chioma Ukonu Of Recycle Points and another finalist

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Chioma Ukonu of Recycle Points and some other finalists

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Watch this video featuring Chioma Ukonu of Recycle Points:

 

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