The GLOBIS Venture Challenge (G-CHALLENGE) is a business plan contest open only to current students and graduates of the Graduate School of Management, GLOBIS University.
The purpose of the G-CHALLENGE is to encourage the creation of new business for aspiring entrepreneurs who wish to take on the challenge and established business owners who are seeking to grow their business by providing the following opportunities:
To apply, applicants need to submit a business plan alongside other required information during the entry period. If the applicant is selected as a finalist, they will pitch their business plan before a panel of judges at the G-CHALLENGE Final. The winning team(s) will be awarded the opportunity to receive mentoring and an investment of up to 10 million yen by GLOBIS University.
We are excited to introduce the “KIBOW Award” as part of the G-CHALLENGE starting in 2023, aimed at nurturing impactful startups and supporting visionary leaders driven by a strong passion to create positive change. We welcome those dedicated to solving social issues, while also considering scalability and economics to apply for the “KIBOW Award.”
The world grapples with a wide range of social issues. Japan for example, faces challenges such as the loneliness and isolation experienced by elderly citizens, educational disparities among children, the challenges of balancing work and child-care for working parents, and dwindling populations in disaster-affected areas.
Addressing these diverse social issues and making a lasting impact (on society or the environment) should not be the responsibility of government agencies and non-profit organizations alone. We recognize the potential of corporate and startup initiatives in this domain and refer to investing with this kind of impact as the primary goal as “Social Impact Investment.”
Pioneering this approach in Japan is the KIBOW Social Impact Investment Fund, which is financed and partially managed by GLOBIS. This fund invests in startups that bring about significant changes and inspire hope within communities, in line with its name “KIBOW,” derived from the Japanese word for “hope.” The newly launched KIBOW Award shares its name and vision with this existing Social Impact Investment Fund.
If you would like to apply, please download the G-CHALLENGE Information Guide below and review the information before applying. All information on this site is also available in the Information Guide.
Download
You can also find the recording of the G-CHALLENGE Info Session by clicking this link.
Please refer to the G-CHALLENGE Information Guide.
Apply through the G-CHALLENGE Entry Form.
Winners of the contest will receive the “Grand Prize”. (Multiple teams can win the Grand Prize.)
Two types of awards will be given in this competition. More than one team may receive an award, or none may be awarded. Multiple teams can win an award.
1. Grand Prize All teams that enter the competition are eligible for this price. It is primarily based on business success and expansion, as well as financial return (refer to Criteria for judgment in the Information Guide for details).
2. KIBOW Award Teams applying for the KIBOW Award are eligible for this award. While seeking a financial return, the business plan must show the potential for social impact (lasting effect in solving social issues) (refer to Criteria for judgment in the Information Guide for details).
Either award contains the following benefits:
G-CHALLENGE Office, Graduate School of Management, GLOBIS University
Email: gvc@globis.co.jp (Mon-Fri) 10:00 – 18:30 JST (Sat, Sun, Public Holiday) Inquiries will be processed from the following business day.
Visit our Japanese webpage for the most updated information.
