Awards for entrepreneurs 2021

In Spain, entities such as INJUVE, the Caja de Ingenieros Foundation and the Endesa Foundation organize competitions and prizes for innovation and entrepreneurship.

For startups, especially during their early stages of life, the financial endowments granted by competitions and prizes represent an alternative way of financing through which to obtain the necessary impetus for the development of the project.

With today's article you will discover 3 awards for entrepreneurs with innovative projects, which you can apply for during this year 2021.

2021 National Young Entrepreneur Competition

Organizing entity:

Youth Institute (INJUVE)

Purpose:

Promote entrepreneurial culture and business creation among young people.

Award:

Each of the 10 winning projects will receive €20,000 for the execution of the business idea.

Beneficiaries:

Young people with entrepreneurial projects, under 35 years of age and with Spanish nationality or legal residence in the country, regardless of the sector in which they carry out their activity.

Main requirements:

Companies must be already incorporated at the date of application and be between 1 and 3 years old. -Businesses must have some innovative element, whether in terms of product, process, marketing or organizational.

Application process:

The project can be submitted through the General Registry of Injuve, in any of the records of the General State Administration and Regional and Local Administrations, or through a post office or through the electronic office of the Ministry of Social Rights and Agenda 2030.

On the other hand, the report to be submitted must include detailed information on the following sections: -

  • Activity and product or service.
  • Geographic scope of action.
  • Management team and staff.
  • Innovative nature of the project.
  • Current status of the project.
  • Economic and financial data.
  • Explanation of why he thinks he deserves the contest. -...

Deadline for submitting applications: 15/07/2021.

Entrepreneurship Award 2021

Organizing entity:

Caja de Ingenieros Foundation

Purpose:

To promote the business and development of emerging companies, through the award for talent and their professional excellence.

Award:

15,000€.

Beneficiaries:

Spanish companies legally constituted as of 2020. Companies incorporated prior to this period must demonstrate the development of a relevant business activity starting in 2020 (in terms of turnover, team, strategy, etc.).

Main requirements:

The projects submitted must belong to the field of science, technology and innovation.

Application process:

The project must be submitted through the web form and include a video or elevator pitch along with other data such as the business model, information about competitors, and financial and team data.

The projects will be evaluated according to the following previously established evaluation criteria:

  • Viability and clear competitive advantage
  • Feasibility
  • Opportunity

Deadline for submitting applications: 31/10/2021.

+50 Emprender Awards 2021

Organizing entity:

02:59 Films and Generación SAVIA (a project by the Endesa Foundation in collaboration with Fundación Máhumano).

Purpose:

Identify, promote and accompany the country's senior talent.

Award:

10,000, 5,000 and 3,000€ for the first, second and third place finishers, respectively.

In addition, the winning projects will receive legal advice on innovation protection and online training for the development of the business plan.

Beneficiaries:

Spanish citizens over 50 years of age with entrepreneurial projects.

Main requirements:

Entrepreneurs must currently be developing a project, whose launch is after 01/01/2019.

Application process:

Applicants must fill out the Form of participation and send a video with a maximum duration of 3 minutes, explaining the business idea.

The projects will be evaluated according to the following previously established evaluation criteria:
  • Originality and innovative nature of the idea.
  • Feasibility and scalability of the project.
  • Capacity of the entrepreneurial person.
  • Number of beneficiaries
  • In addition, it will be appreciated that the project is framed in a strategic sector and generates employment.

Deadline for submitting applications: 15/11/2021.