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2018 Innovation Prize for Africa for African Entrepreneurs.

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Applications are been welcomed for the 2018 Innovation Prize for Africa for African Entrepreneurs from  African entrepreneurs, academic or inventors with an innovation that could potentially provide an African solution to some of the continent’s every day challenges.

IPA is an initiative of the African Innovation Foundation (AIF). The Innovation Prize for Africa (IPA) honours and encourages innovative achievements that contribute toward developing new products, increasing efficiency or saving cost in Africa. The prize also promotes among young African men and women the pursuit of science, technology and engineering careers as well as business opportunities with potential of contributing to sustainable development in Africa.

Type: Entrepreneurship

Eligible Fields: The Prize focuses on the following Innovation areas:

  • Agriculture/Agribusiness
  • Environment,Energy and Water
  • Health and Wellbeing
  • Information, Communication and Technologies (ICTS)
  • Manufacturing and Service Industry

Value of AwardThe IPA 2018 will consist of three Awards and support to all nominees which will be given following the criteria outlined above:

  • First Prize (US$100 000): The overall winner whose innovation demonstrates the best innovation with clear business potential
  • Second Prize (US$25 000): The innovator who best demonstrates a commercially-driven business innovation. Beyond the aforementioned five criteria, this Award will be carefully assessed on its marketability and commercial potential.
  • Special Prize for Social Impact (US$25 000): The innovation that demonstrates the greatest social impact.
  • 7 nominees each receive a voucher worth $5000

To be taken at (country): Innovation Prize for Africa (IPA) winners will be announced and awarded at a special ceremony. Venue and exact date will be announced by mid-April 2018 and will be posted on IPA website and other social media channels.

Eligible Countries: African countries

The theme for Innovation Prize for Africa (IPA) 2017 is “African innovation: Investing in prosperity”. This theme stems from the United Nations (UN) Sustainable Development Goal (SDG) No. 9 which calls on countries to build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation. AIF believes that funding streams, investment and resources are critical to obtain a clear value chain for innovation in Africa, contributing to sustainable development.

Eligibility:  Below are specific guidelines on who can apply and how to apply:

  • Eligible innovations MUST be by Africans for Africa. Africans in the Diaspora can also apply if their innovations are of significance for Africa. People who do not hold citizenship of an African country are not eligible to apply. An exception will be made for Africans who hold the citizenship of a non-African country;
  • A fully completed application form with a full description of the innovation must accompany each submission; if not, the entry will be disqualified;
  • The innovation description should clearly illustrate the social and/or economic outcome and impact with regard to African development and the priority area chosen; it should also be in line with the IPA assessment and selection criteria.
  • Application forms and description of the innovation should be in English, French or Portuguese. While the innovations can be conducted in any language including local languages, the submissions should be translated and submitted in English, French or Portuguese;
  • Applicants are required to attach a letter of support/endorsement from an institution or an authority with knowledge of their innovation. This will serve as a testimony of how important the innovation is in addressing development challenges faced by Africans.
  • Each mandatory question on the application form MUST be answered; if not, the application will be deemed incomplete and disqualified.
  • There is no application fee and age limit, but the applicant must be in a position to defend their submission at any stage of the process.

Selection Criteria: In the overall assessment of winning applications, the winners are established with reference to:

  • The uniqueness of their innovations and superiority to similar or alternative solutions;
  • The size and nature of positive social impact that can be attributed to application of their innovation;
  • The potential of the innovation to become a commercial success or sustainable (for social innovations)

The following are the five criteria to be considered:

  1. Originality: The uniqueness of the product and its superiority in comparison with similar or alternative products in the market
  2. Marketability: The extent to which the innovation sufficiently addresses the problem it seeks to solve at a cost or model that is accessible to the target market
  3. Scalability: The extent to which the solution can be easily applied to other similar markets beyond the applicant’s immediate or local environment
  4. Social impact: The ability of the innovation to create or effect positive or desirable change within the target community and beyond
  5. Scientific/technical aspects: For tangible technical/scientific products; the extent to which the technical/scientific specifications of the innovation are grounded on established science and sufficiently address anticipated product risks.

 

How to Apply: 

  • All applications must ONLY be submitted through our online portal for the competition at: https://ipa.africaninnovation.org/s/login/
  • Applications can be submitted in English, French or Portuguese.
  • You can select your preferred language when you land at the link above.

A duly completed form with a full description of the innovation must accompany each submission; otherwise the entry will be disqualified. Each mandatory question must be answered fully and making a reference to the attachments does not replace answering the question and would lead to disqualification.

Before starting your application, please read the Terms and Conditions very carefully. You can access them here.

Application Deadline: 10th January 2018 at 23:59 GMT.

Visit Award Webpage for details

Award Provider:  African Innovation Foundation (AIF)

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