Skoll Foundation

 

Skoll Awards: Frequently Asked Questions

Skoll Awards for Social Entrepreneurship
Frequently Asked Questions

1. How do I get nominated for a Skoll Award?
2. What does Skoll look for in an Awardee?
3. What if I have previously applied for a Skoll Award?
4. When will the winners of the 2013 Skoll Awards be announced?
5. How does the Skoll Foundation define a social entrepreneur?
6. The guidelines state the Skoll Foundation will not support new or early-stage business plans or ideas. Can you provide clarity about that requirement?
7. Does the Skoll Foundation only fund nonprofit organizations, or do they also fund for-profit social enterprises?
8. What is the typical budget size of Skoll awardees?


1. How do I get nominated for a Skoll Award?

The Skoll Foundation applies a multi-year sourcing process for the Skoll Awards for Social Entrepreneurship. Our goal is to save organizations valuable time and effort, while identifying the most highly-aligned social entrepreneurs. To that end, the Skoll Foundation only accepts nominations from our network of partners and does not accept unsolicited nominations.

2. What does Skoll look for in a grantee?

  • Social Entrepreneur: The organization is led by a visionary social entrepreneur whose values are embedded in the culture of the organization.
  • Issue Area: The mission of the organization addresses a critical and timely issue identified by the Skoll Foundation as one of world’s most pressing problems.
  • Innovation: The organization has an approach that fundamentally disrupts an unsustainable and unjust status quo to solve social and/or environmental problems.
  • Impact Potential: The organization’s innovation is positioned to effect large-scale policy, behavior, and/or infrastructure/systems change and shows evidence of significant impact already achieved. The organization has a sound and viable business model and a compelling plan for achieving long-term growth and sustainability.
  • Collaboration: The organization has partnerships in place to optimize its model and execute its mission on a larger scale. It is a key actor that has local, regional, national and/or other key players in its ecosystem.
  • Skoll Leverage: The organization will benefit from engaging with the Skoll Foundation by collaborating with our network of entrepreneurs and by accessing media and fundraising opportunities as well as other services provided by Skoll. This requires that the organization actively participates and engages with the Skoll community of social entrepreneurs and thought leaders.

Skoll Award recipients typically exhibit many of the following characteristics:

  • Led by a visionary, effective social entrepreneur serving as a spokesperson for their issue area
  • Strong leadership team and board
  • Clear and unwavering focus on mission
  • Sound business model, scalable for impact
  • Strong, strategic partnerships
  • Commitment to measurement, evaluation, and learning
  • Diversified and mission-aligned funding sources

3. What if I have previously applied for a Skoll Award?

You are eligible once every application cycle, even if you have previously applied and not received the Award.

4. When will the winners of the 2013 Skoll Awards be announced?

The 2014 Skoll Award winners will be announced in early 2014, and will be formally recognized at the Skoll World Forum on Social Entrepreneurship in April 2014.

5. How does the Skoll Foundation define a social entrepreneur?

Social entrepreneurs are society’s change agents—creators of innovations that disrupt the status quo and change our world for the better.

6. The guidelines state the Skoll Foundation will not support new or early-stage business plans or ideas. Can you provide clarity about that requirement?

Skoll funds only organizations that have already demonstrated impact, with proven innovations that can be scaled to catalyze large-scale change.

7. Does the Skoll Foundation only fund nonprofit organizations, or do they also fund for-profit social enterprises?

Skoll funds only nonprofit organizations.

8. What is the typical budget size of Skoll awardees?

While the Skoll Awards for Social Entrepreneurship do not have an absolute budget threshold for eligibility, we have found that: organizations with annual revenues (i) below US$2.5 million that have activities primarily in developed countries; and (ii) below US$1 million that have activities primarily in developing countries, tend to be at a disadvantage in the selection process. The selection process prioritizes organizations based on their ability and readiness to expand their impact significantly and/or scale up solutions, which tends to favor organizations with budgets that fall within these parameters.

 

© 2014 Skoll Foundation.