The African Innovation Foundation
(AIF) has announced the call for entries for the 2014 Innovation Prize for
Africa (IPA). The prestigious Prize aims at encouraging innovations that
contribute to sustainable development in Africa. The winning submission will be
awarded a prize of USD 100’000, with two additional USD 25 000, one for the
runner up with an innovation with the best business potential and the other one
for the runner up with the innovation with the best social impact.
In an effort to drive African-led
development, the IPA invites African entrepreneurs and innovators to propose
projects that unlock new African potential under one of five categories which
include:
- agriculture and agribusiness;
- environment, energy and water;
- health and wellbeing;
- ICT applications;
- manufacturing and services industries.
Prize
The 2014 IPA will consist of three
Prizes, which will be given following the criteria outlined above:
- First Prize (USD 100,000): This prize will be awarded to the innovator with the overall best innovation that meets all the above mentioned IPA criteria with clear business potential.
- Runner-up Prize (USD 25,000): This prize will be given to the selected innovator with a commercially driven innovation. Beyond the aforementioned five criteria, this category of Award will be assessed on its marketability potentials and will be awarded to the innovation with the best commercial/business potential.
- Special Prize for Social Impact Innovation (USD 25,000): This category of award will be assessed on its particular social impact in the community/country and will be awarded to the innovation with the best social impact.
- Finalists: This is a group of IPA participants who will be invited to the face-to-face interview and to the award ceremony. All finalists will receive certificates, and the IPA secretariat will work with them to mobilize in kind support to facilitate next steps for their innovation.
Deadline: October 31, 2013
For more information, click here.
Hi Abiola, Thanks for the information. Could you give more information about submitting entry for this competition. Are there forms to complete, etc.
ReplyDeleteThanks again, Muhammed Afolabi
Hello Muhammed,
ReplyDeleteI am glad you appreciated it, You sure have form to fill in which you will provide all the information about your proposed project. kindly copy and paste the following link to your browser- http://goo.gl/wGwOy4
You will find every necessary information there. Thanks