26 November 2024 – Nine social enterprises will benefit from grants totalling USD 300,000 from the International Olympic Committee (IOC), through its Olympism365 Innovation Hub. These grants are designed to support social enterprises – businesses that generate profit to fund social initiatives – working on sport-for-development projects. The funding will enable these organisations to develop income models which will, in turn, finance initiatives that use sport for sustainable development.
The nine recipients of the Enterprise365 grants, selected in collaboration with Women Win and Beyond Sport, are all using innovative ways to leverage sport for sustainable, positive change:
This is the second group of grantees announced from the four funds of the Olympism365 Innovation Hub, following the earlier selection of 12 grassroots projects using sport to drive social development within their communities.
Empowering communities through sustainable sports equipment and climate education
The work of each of the grantees illustrates the powerful impact of combining sport, sustainability, and social development. For example, Tanjun Associate LLP has worked with the International Table Tennis Foundation to donate sustainable bamboo table tennis tables to rural schools in the northern Indian states of Uttarakhand and Uttar Pradesh.
With the support of the grant, Tanjun aims to support the Indian sports equipment industry to transition to a circular economy model. This will be achieved by training and upskilling women to develop sustainable sports equipment, and by delivering community sport for development programmes focused on climate education in underserved schools.
This is a great opportunity to bring our climate solutions to a stage designed for sports and innovation, and to continue to train a workforce of women who will create sustainable opportunities for themselves alongside participation in sport. We look forward to receiving guidance and support from an international community that places climate goals at the top of their agenda.
Rekha Dey, Managing partner at Tanjun
Transforming lives through inclusive sports and skill development
In Kenya, Alive and Kicking is addressing the chronic shortage of affordable, durable sports balls – a problem which further limits children’s access to sport, especially in underserved communities. Since its inception, the organisation has been developing transferrable skills for women and people with disabilities by teaching the art of hand-stitching balls, which are then donated. It has also implemented sport for development programmes in community schools to address key health issues.
The grant will allow Alive and Kicking to scale up the production and donation of hand-stitched balls for visually impaired sports. This includes disability-focused programs that will provide training for teachers to deliver inclusive sports sessions in schools across Kenya.
The funding will enable us to further develop our sound ball for visually impaired youth while training educators to help children learn goalball and blind football. This aligns with our mission to use sport as a powerful tool for social change and development, as we aim to create a more inclusive and equitable environment for individuals with visual impairment.
Sehba Nyaronga, CEO of Alive and Kicking
Funding the future
The grants for social enterprises are split into two tiers to reflect the broad range of this work:
In addition to direct support, the Innovation Hub aims to build a network of social entrepreneurs all working in the field of sport for sustainable development. This network will support and learn from each other and will provide business models for the global sport-for-sustainable-development sector.
Driving innovation through the Olympism365 Innovation Hub
The Olympism365 Innovation Hub, a collaboration between the IOC, Beyond Sport and Women Win, is a bespoke programme and fund that will support 50 innovations/grantees that use sport for development around the world, through a multimillion-dollar investment that will benefit thousands of people and communities by 2026.
Aiming to foster new and innovative ways to use sport for social change, four distinct funding opportunities have been launched through the Innovation Hub: Grassroots365, Enterprise365, Collective365 and Tech365.
For more details on Olympism365 Innovation Hub initiatives and funds, visit the Olympism365 Innovation Hub.
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