Innovation Fund for Youth Social Entrepreneurs

Empowering the Next Generation

About the Fund

The Innovation Fund for Youth Social Entrepreneurs is a philanthropic initiative designed to support young innovators with groundbreaking ideas that address Sustainable Development Goals (SDGs). Inspired by the success of Emma Kraft, who raised over $13,000 for her Coral Sunscreen project aimed at regenerating coral reefs and addressing SDG 14, and donated 10% of her profits to seed this fund, we aim to empower youth to bring their visionary projects to life.

Our Mission

Our mission is to champion and implement the ideas and imaginations of youth globally, providing them with the resources and mentorship needed to tackle some of the world’s most pressing challenges. We aim to foster a community of young social entrepreneurs committed to sustainable development and positive social change.

Application Process

  1. Eligibility Criteria: Ages 15-25, project aligns with SDGs, clear plan for development.
  2. Application Steps: Online application, proposal submission, initial screening, interview, final selection.
  3. Grant Options: Feasibility Test ($50-$250), MVP Development ($1,000-$5,000), Full Grant ($10,000+).

Reinvestment Strategy
Grant recipients can choose to donate a percentage of their grant fundraising to return and ignite the fund and/or pledge a percentage of their profits to give back to the fund.

Dream Tank as Fiscal Sponsor Dream Tank acts as a fiscal sponsor, offering legal and tax-exempt status to projects. This allows grantees to receive tax-deductible donations and reduces administrative burdens. The base level contribution includes a 5-8% administration fee. Grantees can also donate a portion of their proceeds back to support future youth entrepreneurs.

Mentorship Packages

Applicants and grant recipients have access to various mentorship and support packages through Dream Tank and Teens and Parents on Track. These packages provide holistic support for project development and personal growth. For more details, visit our Mentorship Packages Page.

Donation Levels and Benefits

We plan to open Applications upon raising our first $50k. Below are ways you can support:

  • Dream Builder ($500): Recognition, newsletter updates, virtual roundtable invitation.
  • Visionary Supporter ($1,500): All Dream Builder benefits, thank-you video, project reports, annual event invitation.
  • Global Changemaker ($5,000): All Visionary Supporter benefits, feature in impact report, private mentorship session, special recognition. Includes one Feasibility Test Grant for a Young Entrepreneur.
  • Dream Launcher ($10,000): All Global Changemaker benefits, and Includes one MVP Development Grant for a Young Entrepreneur

Call to Action Invest in Tomorrow’s Leaders Today! Join us in supporting the next generation of social entrepreneurs committed to making a difference. Your donation will empower young visionaries to create sustainable solutions for a better world. Together, we can drive change and build a brighter future.

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