African Entrepreneurs: Apply for Innovation Prize for Africa (IPA) and Stand a Chance to Win $100,000





About the Award
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.

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.

Previous Innovation Prize for Africa (IPA) editions have held in Botswana (2016), Morocco (2015), Nigeria (2014), South Africa (2013) and Ethiopia (2012). Last year’s winners were selected from nearly 1,000 entries across 46 countries.

IPA is looking for applications in social and economic innovation including manufacturing and service industry, health and well-being, agriculture and agri-business, environment, energy and water, and ICT showcasing ground-breaking innovations. Other ventures are also welcome to apply, though.

Value of Award
The IPA 2018 will consist of three Awards and support to all nominees which will be given following the criteria outlined above:
Eligible Countries: African countries

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 Fields
The Prize focuses on the following Innovation areas:
Innovations that fit into a thematic area not identified above are also welcome. However, the IPA Secretariat must be notified about this submission, with full details.

Eligibility
Below are specific guidelines on who can apply and how to apply:
Selection Criteria
In the overall assessment of winning applications, the winners are established with reference to:
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.
Method of Application
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

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