Young innovators competition to be held in Boston

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BOSTON – Boston College and Forbes Summit Group are teaming up to find the world’s best innovators and entrepreneurs under the age of 30 as part of a competition to be held in Boston on Oct. 16-19.

BC’s Center for Entrepreneurship and Center for Social Innovation at BC have signed up to be Forbes’ “academic partners” for the 2016 Global Change the World pitch competition, part of the three-day Forbes Under 30 Summit.

Two pools of innovators, for-profit entrepreneurs and non-profit start-ups, will each compete for $500,000 to fund their business.

The for profit competition, which seeks a “disruptive” idea with the strong basis and scalable potential to change the world, will be hosted by actor Ashton Kutcher and Guy Oseary, co-founders of Sound Ventures.

The nonprofit competition, hosted by Charles and Lynn Schusterman Family Foundation, seeks U.S.-based entrepreneurs who are creating innovative solutions to improve education for PreK-12 students around the nation.

As “academic partner” for both competitions, Boston College will oversee the initial pool of applicants from around the world, narrowing the field to 2,000. From there, the Under 30 Summit’s assessment panel will pick four non-profits and four for-profits to pitch their ideas at the Summit.

Stephanie Berzin, the co-director of the Center for Social Innovation has said that competitions “demonstrate the power of collaboration” between industry sectors in order to cultivate solutions for today’s global problems. The Center itself promotes “innovation from within,” nurturing sustainable innovations to advance social justice.