In this episode, Andrew visits with Dr. Matt Smith, Director of Strategic Alliances at OSV Institute for Catholic Innovation. Andrew and Matt discuss the OSV Innovation Challenge that was launched in 2020 which is now accepting applications for its 2021 Challenge. Through this Challenge, OSV is “building up Catholic innovators by offering contestants opportunities for personal development, professional guidance, and idea incubation — and a shot at one of three $100,000 project prizes.”
If you want to learn more or apply for your shot at a $100,000 prize, go to www.OSVchallenge.com for more information.
Our Sunday Visitor was founded in 1915.
Rebranded in 2021 to the OSV Institute for Catholic Innovation. Which felt like it supported their vision in a clearer way. The 2021 Challenge opened to applications on February 1, 2021.
2020 was the first year of the Challenge and it was highly successful. They were also able to learn a lot from that experience. The Challenge was the brain child of President, Jason Shanks. They are thrilled to be able to continue to grow this program.
The recap of the 12 finalists is available on their website. But what is most interesting is that those finalists showed a highly varied spectrum of ministries. They were able to see a great variety of applicants and finalists.
Not everyone needed the exact same help or acceleration. Knowing that, they want to start to building a community among the applicants. And they will be putting emphasis on that community building into this next Challenge.
Even if you don't win the challenge, just the process and the effort, is so beneficial to the organization. Sometimes we need that challenge or that purpose to pursue the idea.
Does the Church have an innovation problem?
We need to be on the offensive rather than the defensive. OSV wants to lead and be a catalyst for the new evangelization. Entering in dialogue of innovation in the Catholic community and bringing it back to the foreground.
OSV roots are in innovation and entrepreneurship so this direction makes sense for them. They make their money from the Church and so they believe that their money should go back to the Church.
We need communication to open up for our Catholic innovators who are using their great ideas to forward the Church. To not only think about taking an idea to Silicon Valley but to think, how can I serve the Church with my talent.
With this idea, how can we bring not just a tribe of innovators but a tribe of investors?
Applications opened February 1 and close April 1, 2021
Contact Matt for questions surrounding your application.
Rolling Rounds for applicants, meaning your application will be viewed as it is submitted.
Prize money for the finalist and semi-finalist. This change from last year comes from feedback they received from last years semi-finalists.
If you would like to connect with Matt, you can reach out to him at: [email protected]
Andrew's Key Take-Aways:
If you want more details about the OSV Innovation Challenge, go to www.OSVchallenge.com and check it out. If you have questions or want to visit with me, hit me up at [email protected]. I’d love to chat.
"In a conference, what I'm really looking for is the practical TOOLS on how to do your job well and the MOTIVATION to go out and be ready to get back to work. I've gotten both of those things from Petrus. I'm really excited to get back home and HUSTLE and really put my all into it."