The Seven Fund has announced a new Breakthrough Innovation Grant competition.

The Breakthrough Innovation Grant (BIG) of up to USD $20,000 will be given to the most innovative business ideas that will have an impact on poverty alleviation in the Philippines.

We are looking for small and medium-sized enterprises (SMEs) as well as social entrepreneurs whose ideas can serve as drivers for poverty alleviation and social improvement. Proposals must be innovative, resourceful, scalable, and fit the particular needs of the Philippines to drive wealth creation.

If you think you have a good business idea go to their website enter the competition.