To support local government redesign efforts and recognize the innovative work already underway, the Public and Nonprofit Leadership Center has partnered with state associations to create the Local Government Innovation & Redesign Guide and host a yearly Local Government Innovations Awards ceremony.
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The purpose of the Mosaic Social Entrepreneurs Cup is to seek out, celebrate and promote Minnesota's most innovative and effective social entrepreneurs and the organizations they lead. To be selected, four finalists make presentations to the judges and the audience at the annual Engaged Philanthropy Conference.
The four finalists will make their investment pitch at the Engaged Philanthropy Conference (EPCON) August 23rd at the Hyatt Regency in downtown Minneapolis. The winner of the competition receives a $20,000 grant, 40 hours of consulting services from partners at SVP, and participation in a design thinking boot camp hosted by d.school@coco. The winner will compete for the Minnesota Cup grand prize of $40,000.
"This year's finalists have impressed us with some powerful ideas to address our community's social issues," says Brad Brown, SVP Executive Director. The winner of the Mosaic Social Entrepreneurs Cup will go on to compete against other divisional winners for the Minnesota Cup grand prize of $40,000.
Finalists will be judged on the following criteria.
Social Value Proposition: Finalists must make a compelling case for why the community needs this social venture and the value it would add to our society;
Innovation: Finalists must demonstrate innovation in their product, service, or business model; and
Social Return on Investment: Finalists must demonstrate the outcomes they create for the people they serve and the long-term benefits accrued to society at large from their work.
The winner of the Minnesota competition receives a $20,000 grant, 40 hours of consulting services from the partners at SVP, and participation in a design thinking boot camp delivered by d.school@coco. The first runner-up receives $5,000 and 20 hours of consulting services from SVP. The remaining finalists receive a $1,500 honorable mention award. CliftonLarsonAllen, ranked as one of the nation's top 10 certified public accounting and consulting firms, is managing the Mosaic Social Entrepreneur's Cup judging process.