Greiner Family Impact Initiative
We believe that impact entrepreneurs with a sustainable business model can also have a measurable impact on society.
Access to quality education and decent employment opportunities reduce the risk of poverty and social exclusion.
We want to address this issue – join us!
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In 2018, the Greiner Family decided to dedicate a set amount of funds to giving back to society. The family has set up an accelerator program for impact entrepreneurs and is building a selective network of impact investors to bridge the gap between start-ups, know-how and funding.
Based on the principles of the UN Sustainable Development Goals, the Greiner Family each year defines a specific area it wants to focus on. In 2018, the aim of the initiative is to support equal access to education and employment opportunities as a means to reduce risks of poverty and social exclusion.
Six impact entrepreneurs will carefully be selected and are required to show a valid business concept and the proof that their idea has or will have a measurable impact.
The six start-ups will be going through a 4-months acceleration program delivered by Impact Hub Vienna. Based on a modular approach, the program will take place in three blocks in both Vienna and Munich.
These modules consist of trainings in Sales and Marketing, Negotiating, Organisation and HR Strategy, Impact Measurement, Financial Skills and Pitch Training. Participating start-ups receive expert support, tailored workshops as well as ongoing (virtual) guidance.
At the end of the accelerator program, the Greiner Family will organise a Pitch Day where the ventures get the opportunity to pitch their business case in front of a selected group of impact investors.
What you get
Virtual Guidance & Peer-to-peer
Access to impact investors
The pre-selection criteria are as follows:
- The start-up is registered in the European Union.
- The start-up has a sustainable business model.
- The business idea is scalable.
- The start-up has a proven concept or has achieved proof of market.
- The start-up supports access to education or employment for underrepresented groups in our societies.
- The start-up team is fluent in English.
- The team is willing and able to pay for travel expenses.
Disqualifying criteria for start-ups:
- The revenue streams / the start-up itself depends on state funds.
- The legal framework does not allow for the idea to be developed.
Entrepreneurs can apply for the Greiner Family Impact Initiative via this link until October 9, 2018. The Greiner family and Impact Hub Vienna will choose the 6 most promising start-ups to participate in the accelerator program based on the named criteria.
- Application Deadline: October 9, 2018
- Interview Call (online): October 10, 2018
- Winners Announcement: October 15, 2018
- Program Kickoff (online): November 6, 2018
- Module 1 (Munich): November 27-29, 2018
- Module 2 (Vienna): February 26-28, 2019
- Module 3 (Munich): April 9-11, 2019
- Pitch Day (Munich): April 11, 2019
Impact Hub Network
Impact Hub Vienna is the leading partner behind this program as well as Austria's largest impact innovation lab. 1600m2 of co-working space in Vienna’s 7th district offer a space for start-ups, programs, workshops and events. Impact Hub Vienna designs and implements many renowned acceleration programs through which impact ventures receive support from starting-up to scaling their business globally.
Impact Hub Munich is the supporting partner of the program, complementing it with its space, opportunities as well as their broad network of ventures, investors and partners.