Kellogg Social Entrepreneurship Award

Amount: $70,000

# Students Awarded: 1

Application Deadline: April 21, 2024

Interviews: TBD MAY

Description: The Kellogg Social Entrepreneurship Award allows students to use their business knowledge to make a positive social impact. Each year, one Kellogg student is awarded $70,000 to support their work in the development of a social venture post-graduation.

Eligibility:

• Students must be willing to pursue their endeavor full time upon graduation. 
• The business entity may take any legal form, but must be independent and still in the startup phase. 
• The central mission of the venture must be oriented to have a social impact. 
• Students must be completing their MBA degree within the 2024 calendar year.  

Kellogg Social Entrepreneurship Awardees are additionally eligible to apply for both Loan Assistance Awards and, if employment status meets the program guidelines, the Collins Loan Assistance Program.

Criteria for Selection:

• Does the venture have a clear path to self-sustainability?
• Will the venture create significant social impact?
• Does the venture address a root cause or deliver enduring benefit?
• Is the approach innovative, unique or a significant improvement to existing approaches?
• Does the leadership have a clear idea & implementation strategy? Can they execute?
• Is there a demonstrated viable scaling plan?
• Has the leader demonstrated commitment to the idea and venture?
• Is the leadership well-positioned for success?

Students planning to work in social impact post-graduation can apply for funding to help pay down a significant portion of their Kellogg student debt over two years. (Includes continuing work on your own social impact venture full-time, OR working for a social impact organization, social enterprise, or nonprofit).

Awards are typically between $20k-$75k.

Applications will be accepted through April 21, 2024.  If selected for the second round, interviews will take place in May.

The Social Impact Loan Assistance Awards are separate from the Collins Family Loan Assistance Program (LAP), and from the Kellogg Social Entrepreneurship Award. Students who are eligible can apply for all 3 awards, and each award has a separate application process. Please review the post-graduation awards page on the Social Impact website for more details.