In a public-private partnership between Seedstars and the Peace and Human Rights Division of the Swiss Federal Department of Foreign Affairs (FDFA), the initiative aims to strengthen and support areas prone to strong migration movements such as the Middle East and Africa by addressing the root causes of irregular migration and strengthening the socio-economic rights of migrants.

After the success of its first cohort, where 20 startups were selected for solutions that range from financial services, education, health, and more, the Migration Entrepreneurship Prize launched its second cohort to scout for socially-driven businesses on a mission to enhance the socio-economic inclusion of migrants.

"We look forward to see how the winning startups will offer migrants with an opportunity to work and earn a living. Entrepreneurship by, with and for migrants has a strong potential to improve lives in countries of origin, transit and destination," shared Jana Röthlisberger, Program Manager at the FDFA.

The full list of 20 startup winners of the Migration Entrepreneurship Prize 2022 second cohort can be found here. The global winners are set to take part in the Seedstars Investment Readiness Program and have access to the Seedstars network of partners, mentors, and investors.

***

ABOUT SEEDSTARS

Seedstars is a Swiss-based private company with a mission to impact people’s lives in emerging markets through technology and entrepreneurship. The groups’ activities cover over 90 emerging ecosystems through a variety of initiatives such as the Online Seedstars World Competition, acceleration programs, physical hubs called Seedspace, venture capital investments and company building activities. Seedstars The Documentary is a feature film featuring the company’s vision to give a voice to the game changers of the developing world.

"They tried to bury us, they didn’t know we were seeds." - Mexican proverb

ABOUT THE FDFA’s PEACE AND HUMAN RIGHTS DIVISION (PHRD)

The FDFA's Peace and Human Rights Division (PHRD) is responsible for the promotion of peace and human rights as set out in the Federal Council’s foreign policy strategy. It focuses on the security of the individual and protecting people against violence, war and acts of arbitrary treatment. The PHRD is part of the Swiss State Secretariat.