The 5th Africa Energy Innovation Challenge is set to advance the sustainability of early-stage energy firms across Africa.
The aim is to develop clean, innovative and bankable energy services for households and businesses, based on low-carbon technologies.
This competition challenges early-stage energy entrepreneurs from Africa to collaborate with local research institutions or industries to develop a prototype model of a key device/equipment for a social energy enterprise or energy management system using local resources.
ELIGIBILITY AND HOW TO APPLY
Young professionals between the ages of 18 and 35 years from Africa are invited to participate in the 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 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 2020 Nigeria Energy Forum, in Lagos, Nigeria, using a poster and short 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
4. Recieve a cash prize comprising grants or equity investments of up to USD5,000 to demonstrate or scale the proposed solution.
COMPETITION TIMELINE
Open Call for Proposal:
December 15, 2019
Proposal Submission Dealine:
January 30, 2020
Shortlist for final round:
February 14, 2020
Deadline for final submission:
February 28, 2020
Live pitch, Poster Exhibition & awards:
April 1, 2019
For more Information: Visit the website for 5TH Africa energy innovation competition 2020 for early stage business ideas
