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CLIMATHON– Y Accelerator Challenge, 2019

Do you vote for the climate?

Young Champions of Pakistan, Y Accelerator Challenge is designed to breathe life into the ambitions of brilliant young green entrepreneurs.

Living in environmentally challenging times calls for a climate-friendly change and innovation. For young minds in our societies, a clean environment is a safer environment. Change is predicted, expected, and it is with the increasing awareness of modern youth that climate-friendly alternatives are being nurtured. In the search of sustainable solutions to everyday problems. The Pakistan Red Crescent Society (PRCS), in partnership with German Red Cross, under its dedicated Climate Change Programme is committed to strengthening institutional and individual capacities to combat climate challenges. Youth is one of the focus areas for PRCS to engage and capacitate in the climate debate. The Y- Accelerator challenge is being organised jointly by PRCS Youth & Volunteer (Y&V) and Climate Change programmes to promote climate change knowledge and innovation to fight with climate challenge by engaging youth/aspiring green entrepreneurs.

How it will happen?

PRCS is promoting climate entrepreneurship through “Climathon – Y Accelerator Challenge” which is the concept based on pitch model where aspiring and existing entrepreneurs with sustainable green business concepts will be benefitted. It will be a competition among green ideas. Y accelerator challenge is the premier startup competition that puts selected pitches in front of sector experts, a 3-5 minutes pitch. The event will bring together investors, founders, and startup enthusiasts to watch visionaries pitch their ideas.  Based on the relevance of the selected ideas, PRCS will assist entrepreneurs to link up with the industry to promote, sustain and scale up the idea.

The ideas for Climathon are open for Federal Territory Islamabad, Rawalpindi, AJK, GB, KPK and Punjab. The registrations are open online for submission of ideas until 14th April 2019. The selected ideas will be pitched in front of Jury on 22nd April 2019 in PRCS Head Quarters Islamabad in a mega Climathon event. The cost of boarding, logging and accommodation to top 10 selected idea holders will be borne by PRCS and based on competition on 22nd April, three ideas will be selected by experts Jury. The top three selected ideas will be awarded for the execution of their idea. The prize money details are as below.

1st – winner – PKR 70,000
2nd – Runner-up – PKR 50,000
3rd – 3rd position – PKR 30,000

Eligibility

  • Age: All Climathon- Climate Entrepreneurship – Y Accelerator Challenge applicants, whether individuals or members of a team, must be between 12-35 years of age. Documentation may be required.
  • Location: The idea proposed in the Climathon must be implemented in Federal, Punjab, KP, GB and AJK.
  • Residency: All individual applicants and team members must be Pakistani or AJK citizens. Documentation will be required of the finalists.
  • Entry Form: Competition entrants must complete an online entry form on site to enter the Competition. In case of more than one member, only the team lead will submit the registration form on behalf of the team.
  • Start-Ups Only: Pitch must have ideas or business models in the start-up phase.

 

Selection criteria

Evaluation criteria will include novelty of the idea; complexity, clarity and details in the prescribed format; also, feasibility, practicability, sustainability, the scale of impact, user experience and potential for future work progression. Equal opportunity will be given to each province and state.

Percentage distribution of different parameters:

  • 10% – user experience
  • 30% – increment/innovation
  • 30% – impact/potential/sustainability
  • 30% – sharing resource/collaboration

How you can enter?

Come up with the idea where you think you can bring a sustainable solution to our daily life problems keeping in mind our theme. With the prize money, you can fulfil your dream of executing your own green idea. Our team of Mentors and Partners will provide full support to launch your start-ups/projects. Submit us your idea at info.climathon@gmail.com

Top 10 ideas will get the opportunity to present their ideas in our mega Climathon event held at Islamabad on 22nd April 2019.

The last date of submission of the idea is 14th April 2019

For any information call

03041030446

03041030211