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AFRICAN INNOVATION FOUNDATION ANNOUNCES 2016 INNOVATION PRIZE FOR AFRICA

August 10, 2015 posted in Competitions

African Innovation Foundation Announces 2016 Innovation Prize for Africa

The African Innovation Foundation (AIF) which mobilizes African innovators and entrepreneurs has announced the launch of its 5th edition of the Innovation Prize for Africa (IPA) competition to be held next year and carries theme “Made in Africa.”

Application should be submitted not later than 31st October 2015 with the winner being awarded $150,000 while all nominees will receive additional post-prize support of $5000 to help take their innovations to a higher level. However IPA 2016 is opening new opportunities for 10 young Africans and 10 women whose innovations are addressing pressing challenges in Africa. 

Incentives include: training and pitching opportunities, association with the AIF brand, and local, regional and international media coverage as well as networking opportunities with potential investors.

The competition was launched in 2011 with the aim of mobilizing African innovators and entrepreneurs by providing US$ 150,000 for market oriented solutions that support African-led development.

I am very excited about the Made in Africa theme that is expected to attract applications from 54 African countries. According to the Director of IPA Pauline Mujawamariya, IPA 2016 marks bold steps towards mobilizing all innovation enablers to join hands and ensure that African innovations make it to the markets.

The IPA edition was first launched in Addis Ababa (2012) followed by Cape Town (2013), Abuja (2014) and Skhirat, Morocco (2015). It brings together the best of African creativity in the fields of science and technology, environment and energy, agri-business, health and well-being, the manufacturing and service industry, as well as the ICT sector. The program has engaged, inspired and transformed more than 3,000 movers and shakers across the continent, supporting more than 35 star innovators in 49 countries.

The AIF is calling for innovators across the continent to bring forward innovations that will feed the demand and supply needs of African markets, stimulate local enterprise, and put African innovations on the world map.

More information on the Innovation Prize can be found on the AIF website.


Source: Science Africa website

Article by Diana Omondi (Science Africa Correspondent)

10 August 2015

 




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