The African Innovation Foundation (AIF) is calling on all African innovators to submit their entries for the fourth edition of the Innovation Prize for Africa (IPA) competition. The IPA is presented annually, enabling and encouraging African pioneers to develop creative ideas and techniques to overcome some of the challenges faced by the continent and support sustainable development.
“At the African Innovation Foundation, we are passionate about Africa and its potential, that we firmly believe will be led by empowering a new generation of African innovators and entrepreneurs. But we also recognize that this new generation needs the resources and the opportunities to realize their ambition,” said AIF and IPA founder Jean-Claude Bastos de Morais.
“IPA provides a platform to encourage and harness these entrepreneurial skills to help improve the lives of Africans and to help realize untapped potential. The prize is also a great way of unleashing creativity and promoting growth within the African continent.”
All innovations are evaluated based on the following criteria:
(4) social impact and Scientific/technical aspects.
The best submission will be awarded a grand prize of USD 100,000. The second prize of USD 25,000 will be awarded to an innovator with an innovation which has the best commercial and business potential. An additional award is a special prize granted to the innovator whose innovation has the best social impact in the community.
The IPA encourages entries in five (5) key categories:
(1) Agriculture and Agribusiness,
(3) Energy and Water, Health and Wellbeing,
(4) ICT applications,
(5) Manufacturing and Services Industries.
DEADLINE: October 31, 2014