BCG X Social Impact accelerator is an employee-led initiative. We are looking to make as much of a positive contribution to social and environmental causes as we can by leveraging our methodology, network, and talent. As a pro-bono initiative, we don’t take equity or any fee – the program is entirely free.
Who would have ownership over my initiative if it’s chosen?
The ownership of the initiative is with the applicant. BCG X has no intentions to take ownership of any ideas. Be aware though that there might be other applicants or other stakeholders, with similar ideas. Also, some of the work BCG X does commercially is as venture builder: we may have or will build ventures which operate in the same field of your submitted ideas. If you think your idea needs specific protection, please do not submit it here but rather get in touch with us. We’ll be happy to clarify.
Can I submit more than one initiative?
You certainly can! Feel free to submit multiple initiatives. But make sure that your application forms are complete and comprehensive.
Can I submit my application in another language than English?
Since we are an international company, the application process will be held in English. This is done to ensure employees across all our EMESA offices can fully understand your initiative, and can vote for it. If you prefer to submit your application in another language, this is possible in French and German – although following steps (and especially pitching) might need to be held in English. For other languages, please get in touch sending an email to email@example.com, and we will try to accommodate your request.
How advanced does my initiative have to be?
We are accepting applications from initiatives in different stages of maturity and will adjust our support package accordingly. If you only have a brilliant idea but haven’t done any research or work on it so far - it will not be sufficient unfortunately. We are looking for initiatives that already took the first step (at least) and have looked deeply into the domain in which they are playing. Ideally, you have a clear understanding of your vision, value proposition and USPs. Also more mature initiatives, that have already gained first traction, are more than welcome to apply, as we would focus on helping you scale and accelerate on your growth plan.
When is the application deadline?
Applications are now closed. The deadline for applications was 18th of May 2023 (at 23:59 GMT)
Ugh, the submission deadline is tight. Is there any other way to participate?
If you can't meet this submission deadline, there'll be another round next year. But be aware that the theme of the program in next round might change.
Do I need to be located near one of your offices?
No. We will run most of the process virtually, including the day to day once the initiative kicks off. We expect a significant overlap of your working hours with working times of our employees in EMESA – in order to ensure maximum collaboration Also, we hope to do some of the activities and meetings in-person; for that reason, your ability to be present in one of our hubs (especially Berlin, London, Paris) for limited amounts of time, would have a positive impact on the collaboration success.