Network news
Fourteen teams representing different schools in Luxembourg will be challenged to develop (“from scratch to pitch” within a week) a business idea that could help solving some of the world’s most pressing problems.
The concept of the Challenge created by youth-led initiative Impact Wombats was launched in 2020 with the support of European Impact Investing Luxembourg (EIIL). The 2021 edition of the Social Entrepreneurship Challenge, sponsored by Spuerkeess and Fondation Été, has been organized in collaboration with IMS Luxembourg.
On their virtual entrepreneurial journey, Challenge participants will be supported by mentors – inspiring entrepreneurs, among whom are Alex Rochegude (Flashiz), Patrick Kersten (Doctena), Bert Boerman (Governance.com), Pit Zens (Klin), Aida Nazarikhorram (LuxAI) and others. The Challenge coaches Eryn Zander and Nicolas Hentgen will introduce the students to the foundations of social entrepreneurship and sustainability.
The teams will present their final pitches on Friday 23 April at 17h30, with an expert jury deciding the winner of the Challenge. The pitching session will be broadcast live on website impactwombats.com as well as on @ImpactWombats social media.
Impact Wombats - a youth movement started in Luxembourg in early 2020 by a group of high school students with an idea to promote social entrepreneurship as a constructive way to tackle the most pressing global issues. Youth-led initiative has become a platform aiming to inspire young people to apply their motivation, creativity and passion and build business ideas for a sustainable future and a better world. The name of the organization pays tribute to wombats, animals native to Australia, who became real heroes of the Australian bushfires as the large and complex system of wombat burrows provided a safe underground refuge for other wildlife.