Madrid Impacta Award

Companies that meet the following requirements may participate:

• Be SME.
• Have any of the following legal forms:

• • Physical persons: individual or self-employed entrepreneur, limited liability entrepreneur, communities of property and civil companies.
  • Legal persons: public limited company, limited company, new company limited company, labor limited company, cooperatives and associations that carry out an economic activity on a regular basis.

• Have started your business activity from the January 1, 2019.
• To have issued billing for the project for which the award is submitted.
• Have a social entrepreneurship project:

• • Original, creative, disruptive and innovative, with or without a technological base.
  • Oriented to respond to complex situations.
  • With a positive impact that generates an economic benefit for the business and also for society as a whole.
  • Measurable, characterized by developing new products or services, identifying new customer segments, alleviating shortage problems in any sector (health, food, housing or similar), implementing automation and digitalization of traditional sectors, training in digital and technological skills or Similar.
  • With a prototype of a product or service tested in the market with already measured or measurable results.
• Have a methodology oriented to measurement of social impact and degree of mitigation or resolution of the problem or need that is intended to be solved.

The total endowment of this edition is €50,000, with the following breakdown:

• First prize to the “Social Company of the Year 2024”, financially endowed with €12,000.
• Second prize to the “Social Company of the Year 2024”, financially endowed with 6,500 euros.
• Third award to the “Social Company of the Year 2024”, financially endowed with 4,000 euros.
• 11 second prizes, financially endowed with €2,500 each of them, in the following categories:

1. 1. Social entrepreneur in the young category, where the youth of the entrepreneur will be valued.
   2. Best Madrid social entrepreneurship project.
   3. Social company of the entrepreneurship and innovation centers of the Madrid City Council.
   4. Social enterprise with the best elevator pitch.
   5. Social company with the greatest potential for growth and international projection.
   6. Social enterprise with the greatest environmental impact.
   7. Social company with the greatest impact on the universal accessibility of cities.
   8. Social enterprise with the best project in the field of clean energy.
   9. Social enterprise with the best project in the scientific/technological field.
   10. Social enterprise with the best project in the field of well-being and health.
   11. Social enterprise with the best project in the field of education.

In addition, the winning companies will receive in kind different contributions from sponsors:

• Impact Hub Madrid: two Breathe in memberships Impact Hub for each of the three winning companies of the “Social Company of the Year 2024” award for six months and six months of free Conecta Digital membership (connection to a global community with which you can interact both in Madrid and in more than 100 cities in the world) for each of the eleven companies that won the second prize.
• PwC Spain: eight weeks of mentoring related to the key aspects for growth for the company that won the first prize “Social Company of the Year 2024”, developed by professionals from PwC's High Growth Companies area.
• IBM: Access to the “Startup with IBM” program with IBM Cloud credits for more than 100 services for 12 months with expert coaching sessions for the three companies that won the “Social Enterprise of the Year 2024” award.
• REPSOL Foundation: six months of monitoring and specialized mentoring with experts in multiple disciplines for the company that won the second prize for “Social company with the best project in the field of clean energy.”
• Crisalion Mobility: will provide the company that wins the first prize “Social Company of the Year 2024” with 10 hours of mentoring from its steering committee.

The evaluation criteria that the jury will use to select the finalist projects will be those listed below, in order of priority:

• Created social project and its capacity to provide real solutions to complex situations or situations of special social and economic vulnerability (maximum of 20 points).
• Origin of the idea, evolution and actions carried out by the promoters to implement the project in such a way that it contributes to solving the problems detected at the origin (maximum of 10 points).
• Importance of the need it covers. Your ability to solve a significant and unmet problem in the market will be evaluated, offering a unique and scalable solution that positively impacts society. (maximum 10 points).
• Income and billing plan carried out by the project submitted for the award (maximum 10 points).
• Motivation and degree of commitment of the promoter or promoters as key elements for promoting their impact initiative, as well as their academic training, as long as it is linked to the field of social entrepreneurship (maximum 10 points).
• Future growth strategy. Elements of the project that favor its reproduction on a larger scale (maximum of 10 points).

Applications must be submitted, along with the required documentation, in the Registry of the Madrid City Council:

• Electronically, accessing the Electronic Headquarters of the Madrid City Council: Application for participation in the Madrid Impacta 2024 award. In this case, one of the electronic identification systems accepted by Madrid City Council must be used.

The legal persons, entities without legal personality and other subjects bound by article 14.2 of Law 39/2015, of October 1, on the Common Administrative Procedure of Public Administrations, are required to submit the application by electronic means.

• in person, in the registry offices of the Madrid City Council. They may also be presented through the other forms provided for in article 16.4 of Law 39/2015, of October 1, on the Common Administrative Procedure of Public Administrations.

The deadline for submitting applications has ended.

To the request for participation must be attached 2 independent documents according to the following specifications:

impact project

Written in Spanish and with an extension of between 5 and 8 pages. Pick up mandatory information about The next points:

• Sector of economic activity of the project.
• Detection of the challenge, opportunity, problem or other motivational element.
• Identification of the intended social impact.
• Identification of the degree of innovation of the project.
• Sustainability management model.
• Scalability and replicability.
• Action plan.
• Start date of activity or new line of business, as appropriate.
• Schedule that reflects the evolution of billing.

Identification of the promoting team

A brief summary will be provided, in Spanish, of the person or each of the promoters of the project that summarizes the trajectory or trajectories as agents of social change, and that refers to motivation and commitment, individual or group.

Reference may be made to the academic training of the promoters if it is related to the field of social entrepreneurship.