As part of the Social Good Summit, Mashable will host the inaugural Startups for Good Challenge, a special event to showcase startups that are striving to improve the world.

Startups that are building or using technology to positive impact on the world can compete for a chance to present at the Social Good Summit and win a $10,000 cash prize for their company.

Eight finalists will be selected to pitch their idea at the Social Good Summit. A panel of judges that includes Mashable, the UN Foundation, 92nd Street Y and industry experts will select the finalists and winner. Finalists will receive a $1,000 travel stipend and two nights of hotel rooms in NYC to attend the competition.

Application criteria includes:

*Company headquarters must be based in the U.S. or UK

*Is using technology and/or social media to provide an innovative solution

*Has been in operation for at least a year with a product/technology/site that is public facing at the time of application

Is your startup changing the world for good? Then apply today!