Deadline- 31 October 2013
African Innovation Foundation (AIF) is seeking entries for 2014 Innovation Prize for Africa (IPA). This purpose of this prize is to encourage 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.
Categories-
- agriculture and agribusiness
- environment, energy and water
- health and wellbeing
- ICT applications
- manufacturing and services industries
The Innovation Prize for Africa (IPA) is an initiative of the African Innovation Foundation (AIF). It mobilizes African innovators and entrepreneurs by providing a total of USD 150 000 to the winners who deliver market-oriented solutions for African-led development. The IPA honours and encourages innovative achievements that contribute toward developing new products, increasing efficiency or saving cost in Africa. The prize also encourages private equity investors, government and development leaders to invest across sectors and build a climate that fuels Africa’s economic growth.
AIF supports innovations and other novel initiatives with potential of contributing to sustainable development of African countries. This includes supporting home-grown innovations, facilitating technology transfer as well as supporting other platforms that enhance the exchange of ideas and collaboration among researchers, inventors, entrepreneurs, investors and policy makers. AIF also promotes transparent processes and procedures within the public sector and combat illegitimate appropriation and dissipation of resources within both the private and public domains. AIF’s areas of activity encompass programs & projects in the fields of: Innovation & Access to Technologies, Governance, Education & Culture and Health.
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