The Innovation prize for Africa (IPA) an initiative of the African Innovation Foundation (AIF) is an annual event that seeks to catalyze African innovative entrepreneurs by injecting $150,000 into projects that provide market- oriented solutions to socio-economic issues that will ultimately lead to development on the African continent. Over the past four years the initiative has engaged over 3000 people in the innovation space across the continent while supporting more than 35 star innovators in 49 countries. Specifically, IPA is focused on;
• Mobilizing leaders from all sectors to fuel African innovation ecosystem
• Promoting innovation across Africa in key sectors through the competition
• Promoting science, technology and engineering as a rewarding career path among African youth.
• Encouraging entrepreneurs, innovators, funding bodies and business development service providers to exchange ideas and explore innovative business opportunities.
The African Innovation Foundation is also poised to encourage women and youths in Africa by selecting the 10 best innovations submitted by women and young innovators not older than 26 years after the awards ceremony. The selected projects will be fine-tuned, with support given to help move the projects forward.
Celebrating its 5th year by 2016, the call has just been made for applications, for the 2016 Innovation Prize for Africa which is tagged ‘Made-in-Africa’. The competition would provide Africans the platform to showcase their innovative skills while exhibiting the potential to create positive change in Africa and simultaneously creating prosperity for Africa. To shed more light on the 2016 theme, IPA Director-Pauline Mujawamariya says;
“IPA 2016 marks bold new steps towards mobilizing all innovation enablers to join hands and ensure that African innovations make it to the markets.”
For more information on criteria and to find out how you can you send in your applications, please click on the link http://ipa.africaninnovation.org/. Deadline for application is October 31, 2015.