100K Impact Investment Prize for Founders

100K Impact Investment Prize

A 100K investment prize for a Canadian venture creating real impact for people, communities, and/or the planet.

A collaboration of Spring & CIVIC

APPLY BY JUNE 13thopens in new tab
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Overview

Are you building a venture with purpose and a bold, scalable solution? The Impact Investment Prize is a $100k investment for Canadian founders creating real impact for people, communities, and/or the planet. If you’re currently raising equity investment, apply now. 

Spring seeks to change the world through innovation. We do this by connecting and educating founders and investors to create a sustainable, healthy & equitable world. In pursuit of this mission, we have supported over 3000 alumni across Canada and the globe, catalysing $83M of impact investment.

CIVIC’s mission is to catalyze more investment in impact startups in Canada, for more (and better) outcomes. We achieve this goal by organizing events (just like ImpactFest) as well as formal and informal training for impact investors and impact entrepreneurs.

What You Need to Know

This award is brought to you by CIVIC and Spring. In addition to the prize itself, we will spread the word about our finalists, with the prize winner being announced July 11th at Startupfest in Montreal with the top ventures in attendance. All finalists will present their company publicly to an industry panel and receive warm introductions to investors in our communities.

The Impact Investment Prize winner will also receive:

The Shortlist Process

The Finalist Process

The winner of the $100k Impact Investment Prize will be selected by Impact Angel Investors and announced at the Startupfest closing ceremony.

On July 11th, shortlisted finalists will pitch their companies on the main stage to the audience, followed by a Q&A with a panel of impact investors & ecosystem experts.

Who Is Eligible?

Canadian impact ventures. For us, an impact company is a for-profit venture that’s creating meaningful, measurable positive change for people and/or the planet. Your company must be working toward solving a social or environmental issue and contributing to one or more of the UN Sustainable Development Goals. This can include human health, planetary health, education, food security, reduced inequality and more. 

The prize is open to all impact ventures, but we’ll prioritize those led by entrepreneurs from equity-deserving groups with bold, scalable solutions. 

Our shortlisted top ventures must be available to engage in due diligence conversations with investors in the lead up to Startupfest and to pitch in person at the event. Learn more about Startupfest 2025 here.

The Prize is Brought to You By:

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