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Schwab Foundation for Social Entrepreneurship: awarding social innovators that create progress and positive transformation.

Friday, 20 September 2024.



About renowned global brand supporting the entrepreneurial spirit and projects that make the world a better place. Basically about one winner of the Rolex Awards, and initiative that has been supporting individuals “with innovative projects that improve life on the planet, expand knowledge, propose solutions to major challenges, or preserve our natural and cultural heritage for future generations”.


Today we bring you another formidable case.


Since 1998, the Schwab Foundation for Social Entrepreneurship has been awarding world's leading social innovators across the most diverse geographical boundaries and sectors, ranging from AI to healthcare, education to the green transition and waste reduction to empowering underserved populations.


This award not only spotlights social innovators driving change that leads to positive impact to millions of people across the word, but also “highlight that these innovative solutions are a reality and have proven to be effective, sustainable and economically viable in creating progress”,  complementing market efforts or developing approaches.


There are four award categories:


(1) Social entrepreneurs - who employ innovative, market-based approaches to directly address social issues.


(2) Public social innovators - leaders in the public sector in government or in international organizations who harness the power of social innovation to create public good through policy, regulation or public initiatives.


(3) Corporate social innovators - leaders within multinational or regional companies who drive the development of new products, services, initiatives or business models that address societal and environmental challenges.


(4) Collective social innovators - people who bring together organizations to solve complex problems that cannot be tackled by individual actors.


Alice Damasceno, first Brazilian shortlisted in the Corporate Social Innovators category of the 2025 Social Innovation Awards said:


“With a mix of surprise, and great honor, I received the news that I had been selected as one of the finalists for the Schwab Foundation for Social Entrepreneurship Social Innovation Awards 2025. Being on the Corporate Social Innovators shortlist with three pioneering social innovators Caitlyn Chen, Eric Cioè Peña and Fred Hersch is already a great accolade. This recognition is not the work of one person, but the effort of a beautiful Lenovo team that I have the pleasure of being part and represent. Thanks to Latimpacto for the nomination. And thank you to everyone who has been part of this incredible journey!”


Click here to follow the Schwab Foundation on LinkedIn for more updates and insights, and at the image below to read more in an article by the World Economic Forum.


The winners of the 2025 Social Innovation Awards will be announced at the World Economic Forum Annual Meeting in January 2025.




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