Forbes Under 30 $1 Million Change the World Competition

Forbes Under 30 $1M Change the World Competition

Last date to apply

September 6, 2016

About Forbes Under 30 $1 Million Change the World Competition

Forbes Under 30 $1 Million Change the World Competition is the largest-ever competition for young social entrepreneurs, funding those disruptive and scalable ideas that address global challenges. The competition is open to both Profit and Non-Profit Organisations, as:  

  • Forbes Change the world Profit Global competition : Open to All
  • Forbes Change the world Non- Profit Competition: Open to only US based Social Entrepreneurs. 

It is not a b-plan competition rather the participating companies must be in operation and the prize money should be utilised to quicken the most promising ideas.

Events Dates                                    
Application for Forbes Profit and Non- Profit Competition begin  August 15, 2016
Last date to apply for Forbes Profit and Non- Profit Competition September 6, 2016
List of Finalists by September 23, 2016
Summit  October 16-19, 2016
Result for Profit Competition October 17, 2016
Result for Non- Profit Competition October 18, 2016

 

Applications had to be made Online on YouNoodle.com and will be screened by the Wharton Social Impact Initiative of the University of Pennsylvania. The finalists have to travel to Pennsylvania, USA  from October 16-19, 2016 for the Forbes Under 30 Summit.

  • A full pass to the Summit will be provided; finalists are responsible for their own travel expenses.
  • International applicants need to be mindful of visa and other logistics issues.

Forbes Under 30 $1 Million Change the World Competition

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Forbes Under 30 $1 Million Change the World Competition Eligibility Criteria

Gender Both 
Region

Profit Competition : Global

Non-Profit Competition: US 

Class/ Age Social Entrepreneurs Under 30 years of age 
Details
  • Active Social Entrepreneurs born after October 6, 1986, who are a founder, co-founder, or top executive of their organisation.
  • Both nonprofit and for-profit social entrepreneurs are eligible to apply.

Not Eligible to apply

Candidates born on or before October 6,1986 are not eligible to participate.

Forbes Under 30 $1 Million Change the World Competition Reward

The challenge will award a total of $1,000,000 USD in cash and in-kind prizes

  • The overall winner will receive at least $400,000 USD in additional cash and in-kind support
  • Five or six $100,000 USD prizes 

Other Benefits to the Finalists

  • Finalists will be invited to participate in the Under 30 Impact Lab – an afternoon during which the attendees at the Under 30 Summit will work with challenge finalists to help them solve problems and accelerate their growth.
  • A full-pass to the Summit will be provided

Kindly Note: Finalists are responsible for their own travel expenses. 

International applicants need to be mindful of visa and other logistics issues.

Other Prizes Include

  • Non Profit Prizes
  • For Profit Prizes
  • In-Kind Prizes

Forbes Under 30 $1 Million Change the World Competition Application form and Process

  • Candidates have to Apply Online at the official website of YouNoodle.com
  • Candidates are required to answer around 30 questions in which they have to write short answers upload documents and create short videos.
  • Candidates have to submit all the documents well before September 6, 2016 at 11:59PM Eastern Time.
  • All the submissions must be done on YouNoodle.com

Forbes Under 30 $1 Million Change the World Competition Selection Process

  • From the pool of applications received, five or six competitors will be shortlisted who will receive a cash award of $100,000 USD. 
  • Candidates shortlisted will be asked for follow-up information or telephone interviews. The shortlisted candidates selected will be intimated before September 23, 2016. The shortlisted candidates will be informed email.
  • The shortlisted candidates d must be able to travel to Philadelphia, Pennsylvania from October 16-19 2016 for The Forbes Under 30 Summit.
  • At the Forbes Under 30 Summit in Philadelphia (October 17 & 18, 2016) they will have to compete in the presence of 2,000 world-class mentors and the best young entrepreneurs and game-changers in the world, as culled from the Forbes 30 Under 30 lists.
  • At The Forbes Under 30 Summit the winner will be selected.

Judging Criteria


The judging will be done on the following basis:

  • True to the competition’s name, the judges will look for innovative models that attack big problems with solutions that are ascendable.
  • The judges will look for a team of experts who have some bold ideas with the potential to make a huge impact. 
  • Judges are looking for solutions in the areas of education, extreme poverty, sustainability, global health and any other number of other social problems.

Forbes Under 30 $1 Million Change the World Competition Contact Details

Tel for application related Queries: +1 (415) 495-1062

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Forbes is an American business magazine owned by Forbes, Inc. Published biweekly, it features original articles on finance, industry, investing, and marketing topics.

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