Private: Private: Private: Impact Innovation Lab Cohort 5 Online Course

Impact Innovation Lab is Now Accepting Applications for the Fifth Cohort!

The local social incubation programme – Impact Innovation Lab (The Lab) is now accepting applications for its Fifth Cohort from today until 7th August 2024. The Fifth Cohort is themed “Create Social Change with Innovation”, providing an open and experimental social innovation platform to help participants actualise their ideas and create positive change for society. As an incubator, The Lab aims to help participants execute social innovation projects to alleviate poverty, promote social inclusion, foster well being and cohesion of society. Not only will participants receive all-around support in training, consulting, resources from a makerspace, and commercial referrals, but they will also have a chance to receive seed funding to actualise their visions step by step.

Impact Innovation Lab is organised by MakerBay Foundation and funded by The Social Innovation and Entrepreneurship Development Fund (SIE Fund). This programme consists of three parts: Elementary Training, Seed Funding Application and 6-month Incubation Period. In the first part, participants will take part in a series of on-site and online events to gain a better understanding of social innovation, and build an entrepreneurial mindset. The flagship event of Elementary Training is the Idea Generation & Prototyping Bootcamp, themed “Community-Driven Ideas / Community-Rooted Innovations”, the participants will explore the community needs and ways to build a more equitable and inclusive living environment. The bootcamp incorporates design thinking and business modelling to help participants experience the process of social innovation. Elementary training also includes Maker Skills Workshops, which encompass woodworking, laser cutting and no code technologies, and more. Through these maker skills, participants can make physical or digital prototypes to test their solutions. The Seed Funding Application for the Fifth Cohort will start accepting proposals in September 2024. Awarded projects will receive up to $100,000 in seed capital, and enter a six-month incubation period to gradually bring their visions to life.

Applications for the Elementary Training of Cohort 5: By 7th August 2024 (HKT 17:00)

Eligibility

• Permanent Residents of Hong Kong aged 18 or above
• Interested parties can join the activities and training sessions individually and form a team of 1 to 5 members for seed funding application. The proposal should be related to local poverty alleviation and social inclusion, and the target beneficiaries are members of the public in Hong Kong who are generally residents of Hong Kong without conditions of stay

Schedule of Cohort 5

Evaluation Criteria

For the details and FAQ, please refer to the official website: https://makerbay.net/impact-innovation-lab/

For enquiries or suggestions, please call our hotline (852) 4638 0364 or email us at thelab@makerbay.org.

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