The International Olympic Committee (IOC) has announced the names of the nine social enterprises – businesses that generate profit to fund social initiatives – that will benefit from grants totaling US$300,000 through its Olympism 365 Innovation Hub.
The recipients of the Enterprise365 grants, selected in collaboration with Beyond Sport and Women Win, are: The Grass Skir Project (Papua New Guinea); Ba Nga Afayo Initiative (Uganda); Tanjun Associate LLP (India); Arena Recycling Industry (Tanzania); Power Meri (Papua New Guinea and Australia); AMANDLA (South Africa); Alive and Kicking (Kenya); Tomorrow Women in Sports Foundation (Uganda); and Oasis “Reach For Your Dreams” (South Africa).
The Olympism365 Innovation Hub, a collaboration between the IOC, Beyond Sport and Women Win, is “a global community advancing new ideas and technologies to maximize the powerful impact of sport,” as described on the program’s website. The program is designed to back new and impactful approaches to sport for sustainable development. Four distinct funding opportunities have been launched through the Olympism365 Innovation Hub: Grassroots365, Enterprise365, Collective365 and Tech365.
