4th Africa Energy Innovation Competition for Entrepreneurs

0
102
Africa Energy Innovation Competition

The 4th Africa Energy Innovation Competition for Entrepreneurs is set to upscale the development of early-stage energy firms across Africa.

Across Africa, the main energy challenge is to rapidly deliver modern energy services to millions of households and businesses using sustainable and affordable energy technologies.

This competition challenges early-stage energy entrepreneurs from Africa to collaborate with local research institutions or industries to develop practical and sustainable energy products/services/prototype models for a social enterprise or energy management system using local resources.

Eligibility for the Competition

Young professionals between the ages of 18 and 35 years from Africa are invited to participate in the Africa Energy Innovation Competition and nominate a relevant local research institution or organization.

Applications may be submitted by a team of up to three people.

At least 1 member of the team must be from the local research institution or industry.

Teams may be formed across different schools, institutions, companies, countries etc.

Individuals or teams may submit multiple applications.

Prizes and Recognition

The finalists and winners of the Africa Energy Innovation Competition will be selected by a panel of academics and experienced development professionals from public and private sector institutions.

Winners of the competition get the opportunity to:

1. Pitch their proposed solution/service/prototype model at the 2019 Nigeria Energy Forum, in Lagos, Nigeria, using a poster and short 2-minute video.

2. Benefit from unique networking opportunities with other young leaders as well as some of the most senior decisionmakers in government, international development, academia, and the private sector.

3. Attend business development workshops, receive support from start-up incubators and cash investment prize of up to USD 5000 to demonstrate the proposed solution in the host community determined in collaboration with organizers.

You may also like How to Apply for the 2019 Tony Elumelu Foundation Business Grant for African Entrepreneurs

Africa Energy Innovation Competition Guideline

Your proposed prototype model submission must not exceed 1-side of an A4 page and should include the following:

Project title
Your Solution (250 words)
Partner Institution or Industry
Expected Impact (50 words)
Short abstract (50 words)
Design tools and method (50 words)
Problem Statement (50 words)
Estimated costs and timeline (50 words)

Submissions must be in Microsoft Word or PDF format by email to info@thenef.org.

The subject line of the email should follow the format: [Country] Title of the Project.

Submissions that exceed the word count may be disqualified.

Shortlisted submissions would be invited to participate in the final round by submitting a 1-page poster to summarize their design, with a detailed budget, 2-page Design Brief, and a Short 2-minute video to describe a prototype model of the proposed solution.

You may also like How to Apply for the African App Launchpad Initiative for African Entrepreneurs

Judging Criteria

The first round of submissions will be evaluated using the following attributes:

• Local Content: utilize local resources, demonstrate use of local expertise, alternative energy services or efficient solutions for powering agriculture, education, healthcare, industries etc.; and be significant enough to impact large numbers of people, households and/or businesses.

• Originality and creativity: present solutions that are original, creative in areas that are either underdeveloped or severely underdeveloped in research and literature.

• Commercial Viability: proposed prototype model should be realistic, practical rather than just theory, cost efficient and outline commercial arrangements that address obvious roadblocks, using a specific prototype model.

• Clarity: ideas should be presented in a clear and concise manner with realistic completion timeline.

Africa Energy Innovation Competition Timeline

Deadline for proposal submission:

January 31, 2019

Announcement of submissions selected for the final round

February 20, 2019

Deadline for final submissions:

March 13, 2019

Announcement of winners:

April 9, 2019

You can learn more about the competition by visiting the Competition Website

Good luck as you participate in the competition.

Share this post with your friends and networks so they too can apply.

Don’t forget to subscribe to our email list using the sign up form below so you get more information on similar opportunities.

GET THE LATEST UPDATES
I agree to have my personal information transfered to MailChimp ( more information )
Join over 30.000 visitors who are receiving the latest news on business grants, loans and entrepreneurship development opportunities.
We hate spam as much as you do. You can be sure your email address will not be shared with anyone else.
Want to get connected to tips and opportunities to secure start-up, implement your ideas or grow your business? Sign up for free updates
Just enter your name and email now and have them delivered right into your inbox

Leave a Reply