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Classified in: Environment, Science and technology, Business
Subjects: PDT, SBS

Entries for Chivas' Global $1m Competition for Startups That Blend Profit With Purpose Close in One Week

Final chance to apply for the Chivas Venture 2020 - enter before 31st October 2019

LONDON, Oct. 23, 2019 /PRNewswire/ --

Entries for Chivas' global $1m competition for startups that blend profit with purpose close in one week!


Leading blended Scotch whisky, Chivas, has announced the final call for UK applications for the 6th year of the Chivas Venture - the global competition that gives away $1 million in no-strings funding every year to the hottest social startups that blend profit and purpose to have a positive impact on the world.

The competition, which brings to life Chivas' belief that blended is better ? in life, business and Scotch ? invites the brightest entrepreneurs using business to change the world for the better to compete for a chance to win training, funding and exposure on a global scale. Thanks to the $5 million provided in funding to previous finalists, the Chivas Venture has positively impacted over two million lives to date.

UK entrepreneurs are invited to follow in the footsteps of Dimitris Vassiliadis ? 2019 finalist for England and Wales ? whose app 'GivingStreets' aims to bridge the cashless divide and enable rough sleepers and buskers to receive cashless donations; and Scott Kennedy ? 2019 finalist for Scotland and Northern Ireland ? whose startup Revive Eco aims to eradicate the traditional 'take, make, dispose' way of thinking by transforming used coffee grounds unto environmentally-friendly products.

Jean-Christophe Coutures, Chairman and CEO of Chivas Brothers, parent company of Chivas, said:

"As we kick off the sixth year of the competition, it is incredibly uplifting to know that so many entrepreneurs across the world are continuing to use business to tackle a whole host of social and environmental issues that threaten our future on this planet. To date, Chivas Venture finalists have provided over 34 million litres of safe drinking water, recycled over 1,300 tonnes of waste and provided 75,000 days of education for women and girls ? to mention just a handful of their many accomplishments. That's why, through the Chivas Venture, we want to continue to harness the power of the world's purpose-driven innovators, and help accelerate their impact."

Ahead of the Chivas Venture Global Final the winning finalist from each participating country will take part in an initial round of public voting for a share of the funding. The finalists will then battle it out at the Global Final for the remainder of the $1m fund.

At the Global Final in 2019, social startup Xilinat from Mexico was awarded the largest share of the fund, with founder Javier Larragoiti receiving $310,000 towards his business that aims to change the sugar industry as we know it. Larragoiti was awarded the funding by an esteemed judging panel including actress and entrepreneur Zoe Saldana, Chairman and CEO of Pernod Ricard, Alexandre Ricard, economist Sonal Shah and global winner of the Chivas Venture 2018, Cemal Ezel, the founder of Change Please.

Chivas' belief in blending - in life, business and Scotch - was instilled by founding brothers James and John Chivas, who pioneered the art of blending whisky in 19th century Scotland, and shared their success with the local community as their business grew.  

Today, the Chivas Venture plays a central role in Pernod Ricard's 2030 Sustainability & Responsibility roadmap - an ambitious set of environmental and social targets supporting the United Nations Sustainable Development Goals, and aligned to four key areas: nurturing terroir, valuing people, circular making and responsible hosting.

If you think you've got what it takes to change the world with your startup, apply for the Chivas Venture 2020 before the 31st of October and find out more about why blending profit and purpose is better at www.chivas.com/the-venture.

#ChivasVenture / Twitter: @ChivasVenture

About Chivas

Chivas believes that blended is better, in life and in Scotch.

Leading blended Scotch whisky Chivas' belief in blending was instilled by founding brothers, James and John Chivas, who pioneered the art of blending in 19th century Scotland. Since then, Chivas has been integral to the growth of the Scotch whisky category worldwide ? by bringing together the best malt and grain whiskies to create something extraordinary.

Chivas champions the power of blending in life, as well as in Scotch. In bringing people together to create greater success ? which is why Chivas is proud to be the global spirits partner of Manchester United, the world's biggest football club; and in blending profit with purpose to enrich the lives of others ? which is why the Chivas Venture supports social startups with $1m in annual funding.

From its home in Speyside, Scotland, Chivas now reaches more than 100 countries across the globe, who together have made Chivas the global success it is today, selling more than 4.2 million 9L cases every year. 

The Chivas range blends timeless classics with modern innovation, including: Chivas 12, Chivas Extra, Chivas XV, Chivas Mizunara, Chivas 18, Chivas Ultis, Chivas 25, Chivas Regal The Icon, and the Global Travel Retail exclusive Chivas Brothers Blend.

Chivas. Success is a blend.


The Chivas Venture

The Chivas Venture gives away $1 million in no-strings funding every year to the hottest social startups from around the world. Since the competition first launched in 2014, over 8,000 social enterprises have applied for the chance to receive a share of the annual $1 million fund. To date, the competition has awarded $5m across 100 startups, who have positively impacted over 2 million lives around the world.

Last year at the Chivas Venture Global Final in Amsterdam, social startup Xilinat from Mexico was awarded the largest share of the fund, with founder Javier Larragoiti receiving $310,000 towards his sugar business that aims to change the sugar industry as we know it.


Photo - https://mma.prnewswire.com/media/1015599/Chivas_global_competition.jpg



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