Young Caribbean Water Entrepreneurs Shark Tank Competition 2024 ($4,000 in Seed funding) Deadline: 4 August, 2024
Applications are open for the Young Caribbean Water Entrepreneurs Shark Tank Competition 2024. The Young Caribbean Water Entrepreneurs Shark Tank Competition seeks to provide a unique opportunity for young persons from the Caribbean, aged 18 to 34 years, to pitch innovative and impactful water-related project ideas to support better water resources management in their community, country or the Caribbean region.
Global Water Partnership-Caribbean (GWP-C) has recognised for many years the critical importance of creating avenues for young people to become involved in water governance and management ventures. Development challenges in the Caribbean will ultimately be inherited by the region’s youth. Young people are solution providers and have ideas and energy to act for sustainable development. GWP-C therefore sees the importance of empowering young people to be agents of change in contributing to and advancing Caribbean water security.
Through GWP-C’s work and interaction with its youth partners and young people within water and related sectors, it is evident that they often do not have access to funding or resources to easily advance their project ideas. Additionally, they do not always have easy access to technical support to turn their ideas into fully workable projects.
It is, therefore, with great pleasure that GWP-C announces the launch of its 2024 Young Caribbean Water Entrepreneurs Shark Tank Competition. This is the fourth time the competition is being held, the first being in 2019, the second in 2020 and the third in 2022.
Themes
Seed fundingwill be awarded for the best project/idea under the following themes:
- Water and Agriculture
- Water and Climate
- Water and Health
- Water and Energy
- Water and Tourism
Eligibility
- You must be a Caribbean national residing in the Caribbean region;
- Be aged between 18 – 34 years;
- Have an innovative project/idea under any of the above themes.
Assessment Criteria
Each of the selected finalists will receive feedback, critiques and advice on their proposals to prepare to pitch their water-related project/idea to the sharks in the competition’s finals.
Proposals will be assessed based on various areas (but not limited to):
- Innovation
- Water Resources Management Relevance
- Practicality of Implementation
- Projected Impact
- Financial Feasibility
- Project Sustainability
- Stakeholder Engagement and Partnerships
- Business/Industry Analysis
- Market Research
- Competitive Analysis
- Gender Mainstreaming
Deadline: 4 August, 2024
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