Total Prize Money of 220 Million Won Supported
The Brian Impact Foundation is publicly recruiting for Round 1 of 'Side Impact,' a project that supports changing the world through technology. A total prize of 220 million KRW will be awarded to 30 teams finally selected through reviews and voting by the Side Impact community.
Side Impact is the first public contest project launched with the goal of discovering and supporting technology-based projects that are being developed or operated to create meaningful social change. Brian Impact plays a role in helping projects become self-sustaining.
In last year's beta round, a total of 59 projects applied, including 'Nabiyam,' a platform focusing on systematically solving problems faced by children suffering from food insecurity, and 'Gye-dan Jeongbok Jido' (Stair Conquest Map), a mobile app that allows anyone to register and conveniently access information about hidden stairs everywhere.
Applications for Side Impact Round 1 will be accepted on the website from August 1 to August 15. Eligibility requirements are: ▲ projects that use technology to solve social problems, ▲ teams composed of two or more members (Korean nationals aged 14 or older), and ▲ early-stage projects that have not received investment from corporations or personal investment associations.
Through community voting, 30 projects will be finally selected in October and receive a total prize of 220 million KRW from Brian Impact. Twenty projects selected for the Spark Track will each receive 5 million KRW, and ten projects selected for the Impact Track will each receive 12 million KRW in operating funds.
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