418 ideas, 140 judges, 8 months, and several pitches later… the top winners of the DBS-NUS Social Venture Challenge were finally chosen and revealed at the Awards Ceremony on June 6th in Singapore! In a turn of events, the prizes went not to the top three teams as originally planned, but the top four teams as the judges felt the calibre of the teams deserved it.
Winner : Zaya Learning Lab (India)
First Runner Up : Maya Universe Academy (Nepal)
The winning teams had a strong educational focus. Zaya Learning Labs, which improves teaching quality at low-income schools in India, came first winning a cash prize of 30,000. Maya Universe Academy, the first and only free private school in Nepal where parents “pay” in time rather than cash, came second receiving a cash prize of $15,000. Two teams tied for third place, each taking home $10,000 – Bodhi Health Education, which improves healthcare in India by providing medical education to community workers and Local Alike, which promotes community-based tourism in Thailand with the objective of preserving local cultures and providing additional economic opportunities.
The 7 finalists pitched their social ventures live in front of over 250 people at the Awards Ceremony on June 6th. The audience included the President of the Republic of Singapore, Dr. Tony Tan, renowned social entrepreneurs such as Sebastien Marot as well as impact investors, resource providers, corporates, venture philanthropists, academia and aspiring social entrepreneurs and change-makers.
You can see the pictures of the Ceremony here.