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Kiron Open Higher Education is named EMEA's UBS Social Innovator 2016
London, 7 November 2016 – Kiron Open Higher Education, a
The Final in London brought to a close the first four months of the UBS Social Innovators program in EMEA. The program was launched by UBS to find enterprises working on innovative solutions to society's most pressing challenges. Participants were required to have already developed proof of concept for their solution. A winner was nominated for each region (APAC, EMEA, Switzerland) from over 1,200 applicants from 96 countries.
"There is an evidently growing appetite amongst our clients and investors in general to support innovative solutions to important social issues. Through UBS Social Innovators, and our Community Affairs program, we are developing this growing market and assisting social enterprises achieve greater scale and impact," says Nick Wright, Managing Director, EMEA Community Affairs and Chair of the jury for EMEA.
Support for the UBS Social Innovator
In partnership with the non-profit organization Ashoka, UBS will help Kiron Open Higher Education market and develop their business idea as part of a tailored year-long Accelerator program designed to help them grow their impact. An additional aim is to make the enterprise more attractive to investors and thus facilitate the next stage of its development. The winner will also receive a cash grant of 40,000 USD and access to a global network of social investors.
Support for Finalists
Kiron Open Higher Education was named the UBS Social Innovator after being selected as one of four Finalists for the EMEA region. Due to the high
Enabling Enterprise fills a fundamental gap in education, by ensuring all students develop enterprise skills,
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Right to Succeed has a mission to develop, pilot and scale collaborative solutions to educational inequality, where poverty meets education system failure. It has developed an evidence-led, collaborative approach to turning around failing secondary schools in low-income communities.
The winner of UBS Social Innovators for EMEA was selected following an intensive, multistage process. In the first stage, 12 candidates were invited to a two-day Bootcamp where they benefited from the expertise of Ashoka, philanthropists from the global UBS network and specially selected UBS employees.
Four candidates qualified for the EMEA Final in London during the two-day Bootcamp. In a second stage, the candidates presented their ideas to a panel of judges made up of UBS senior management.
Detailed overview of the 12 shortlisted participants and the finalists: