Handels Impact Innovation Cup
Handels Impact Innovation Cup

Handels Impact Innovation Cup

Are you ready to make a difference?

The Handels Impact Innovation Cup, in partnership with the School of Business, Economics, and Law, GADDEN, HHGS, and Venture Cup Sweden, and proudly founded by Ernströmgruppen, is your opportunity to turn your sustainable business ideas into reality.

Inspired by the global sustainability goals, this competition challenges you to create an impactful solutions that address a sustainability challenge while also being economically viable and socially responsible. Whether it’s a new business venture or an innovative project, we want to see how you can drive positive change. Apply alone or together with a couple of new friends!

Key Dates

  • Competition Opens: September 6th
  • Application Deadline: October 21th
  • Pitch Day: November 6th at the Innovation Expo
  • Winner Announcement: November 7th at the Gala Banquet

Competition Categories and Prizes The Handels Impact Innovation Cup offers the opportunity to compete in up to four different categories, each aligned with the pillars of sustainability. Each category winner will receive a cash prize of 50,000 SEK to help bring their idea to life.

How to Compete

Step 1: Prepare Your Idea

To compete, the majority of the group must consist of Students from the School of Business Economics and Law.

Step 2: Submit Your Business Plan

You enter the competition by answering all the questions in the competition form.

The competition form consists of the following questions:

1. Summary/Background: Describe your business idea, vision, and how you plan to achieve it. Explain how it addresses a local sustainability challenge and give us the name of your business/project.

2. Market Analysis: Provide an overview of your industry, identify your target audience and potential competitors/collaborators, and discuss relevant trends and forecasts.

3. Products or Services: Offer a detailed description of your product or service, including your product development strategy.

4. Financials: Explain how you intend to use the capital to launch your idea, including both short-term and long-term financial plans.

You can make changes and improvements to your submitted entry anytime before the deadline on Octorber 21st. To ensure you receive feedback on your business idea, it's important to register your submission on time. The deadline for guaranteed feedback is October 7th!

The Handels Impact Innovation Cup is not just a competition—it's a platform to showcase your ability to balance profit with purpose. With the support of our esteemed partners and sponsors, we look forward to seeing how you plan to shape a sustainable future!

Now it's time - click on CONTRIBUTE to get started!

Partnering with the Handels Impact Innovation Cup reinforces our mission to foster innovation and entrepreneurship. We are excited to collaborate and witness the next generation of entrepreneurs develop sustainable solutions and create lasting impact

-Mehkar Sheikh, CEO Venture Cup

Start:Sep 5, 2024
End:Oct 21, 2024

Rewards

    Environmental - 50,000 SEK

    This category is for business ideas that focus on environmental sustainability. Your project should address a relevant and feasible environmental challenge.

    Social - 50,000 SEK

    This category is for business ideas that focus on social sustainability. The challenge you address could relate to inequality, discrimination, or similar issues.

    Governance - 50 000 SEK

    This category is for business ideas that promote or relate to strong governance practices, such as transparency, ethical conduct, diversity, and accountability. We are looking for solutions that help businesses operate with integrity, ensure responsible management, or foster trust with stakeholders.

    Project - 50,000 SEK

    This category is for projects targeting environmental or social issues. Your project should address a relevant challenge with a practical solution. The prize is awarded for initiatives with a fixed timeframe, evaluated on their potential for positive impact within that period.