How to Apply for Young Caribbean Water Entrepreneurs Shark Tank Competition 2024 (Up To $4,000 in Seed funding)

GWP-C is excited to announce the exciting launch of the 2024 “Young Caribbean Water Entrepreneurs Shark Tank Competition.” This will mark the fourth edition of the competition, following the successful events held in 2019, 2020, and 2022.

The main objective of the Young Caribbean Water Entrepreneurs Shark Tank Competition is to offer young individuals, aged 18 to 34 years, from the Caribbean region a special platform to present their creative and impactful project ideas related to water resources management.

The competition aims to support and foster improved water management practices in the Caribbean by showcasing innovative solutions proposed by the youth.

Program Overview

many years, the Global Water Partnership-Caribbean (GWP-C) has recognized the vital significance of involving young people in water governance and management initiatives. As the region’s youth will ultimately inherit the development challenges in the Caribbean, they are seen as solution providers with the ideas and energy to contribute to sustainable development. Therefore, GWP-C aims to empower young individuals to become agents of change and drive progress in Caribbean water security.

However, GWP-C has observed that many young people involved in the water and related sectors often lack access to funding and resources to advance their project ideas. Additionally, they may face difficulties in obtaining technical support to transform their ideas into fully feasible projects.

To address this gap, GWP-C will provide seed funding for the most promising project or idea in the following themes:

• Water and Agriculture
• Water and Climate
• Water and Health
• Water and Energy
• Water and Tourism

Benefit

• A grant of $4,000 will be provided to support the top project or idea

 Eligibility Criteria

To be eligible for consideration, you need to meet the following criteria:

• You should be a citizen of a Caribbean country.
• You should be currently living in the Caribbean region.
• Your age should be between 18 and 34 years.
• You should have an innovative project or idea related to any of the mentioned themes.

 Assessment Criteria

The finalists who have been chosen will be given feedback, critiques, and guidance on their proposals to prepare them for presenting their water-related project/idea to the sharks during the finals of the competition. The proposals will be evaluated considering a range of factors, including 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

How To Apply

• The official launch of the competition took place today, March 1st, 2024. The deadline to submit your application or project proposal is August 4th, 2024 at midnight Atlantic Standard Time (AST).
• Applicants must use the online project proposal template to submit their proposals by August 4th, 2024. The proposals should be in English, and a maximum of two (2) people are allowed to apply for submission together.

Visit the official website of the Young Caribbean Water Entrepreneurs Shark Tank Competition for more information.

Application Deadline

August 4, 2024.

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