Fundación Mapfre launches 7th edition of its Social Innovation Awards

Fundación MAPFRE, in collaboration with IE University, has launched the seventh edition of its Social Innovation Awards to identify projects with a high capacity for social transformation and a positive impact, which can demonstrate their value and potential for improving people's lives.

Researchers, entrepreneurs, scientists and students from universities and business schools will be able to present solutions focused on three objectives: improving safe and sustainable mobility; promoting health and supporting healthy behavior; and promoting initiatives that encourage active aging, improving quality of life for people aged 55 to 75.

The awards will be open in four regions, Brazil, the rest of Latin America, the United States and Europe.

A total of 12 finalists will be shortlisted, namely one for each category and region. The selection will take place between December 2023 and March 2024, during which time there will be five rounds of evaluation.

The grand final, where the three winners (one per category) will be chosen, will be held in Madrid in May 2024.

All twelve finalists will have the opportunity to become part of a public relations plan, will obtain high visibility in the eyes of potential investors, and will receive coaching and mentoring from experts in their fields so that they can develop their proposals in the most effective way. The winners will also receive free consulting services from Fundación EY and an individual prize of 40,000 euros.

All the finalists will be part of this community of social innovators that fosters the exchange of expert knowledge and provides training, networking, and dissemination to enhance the projects.

Anyone who is interested can submit their project up until November 30 on the Fundación MAPFRE website.