Penny Appeal Canada Social Accelerator Fund 2024
Three cash grants available for socially impactful ventures by startups in the Zone Learning Network.
The Penny Appeal Social Accelerator Fund was established by Penny Appeal Canada (external link) to support three high potential social ventures within the Zone Learning Network.
Penny Appeal Canada is a relief and development organization that offers thoughtful programming to empower communities through prioritizing local needs.
The purpose of the Penny Appeal Canada Social Accelerator Fund is to provide a one-time injection of funds, more human resources, and strategic guidance to take each initiative to their next level of growth. Finalists will pitch competition-style to an expert adjudication panel, with the top three initiatives receiving prizes.
Prize Details
The top three finalists will receive the following:
- A one-time cash grant
- Funds to support a student intern
- Coaching, programming and other supports at the Social Ventures Zone
Prize breakdown:
- 1st place: $10,000 grant and 1 paid student intern ($6,000 value)
- 2nd place: $7,000 grant and 1 paid student intern ($6,000 value)
- 3rd place: $5,000 grant and 1 paid student intern ($6,000 value)
Eligibility
Applicants must meet all of the following criteria:
- Must be a social venture that address a social challenge at the core of their operations
- Active member in one of the 10 zones in the TMU Zone Learning network
- Currently registered in CEDZ100 and continuing membership for the 2024-2025 academic year
Application Requirements
- Must meet all eligibility criteria
- Must have completed the application linked below
- Must have a completed letter of recommendation as detailed in the application form
- Must have completed the (google doc) Intern Job Posting Template (external link)
- Must be available to pitch in-person on TMU campus on November 19
Dates and Deadlines
- Applications open: October 15, 2024
- Application deadline: November 1, 2024
- 6 finalists will be selected by November 6, 2024
- Pitch competition: November 19, 2024
Pitch Competition Event
Join the Office of Zone Learning for the 2024 Penny Appeal Canada Social Accelerator Pitch Competition! Hear from six innovative social enterprises incubated across the Zone Learning network as they pitch for a chance at the $10,000 grand prize!
Experience a pitch event in-person and learn about how startups within the Zone Learning network are making an impact. In addition to the pitch competition, TMU students are invited to bring their resumes to this event and network with potential future employers!
