Kofi Annan Award for Innovation in Africa
Do you have a goal to change food security in Africa as a social entrepreneur? Here’s your time to shine: the Kofi Annan Award for Innovation in Africa 2024. This esteemed prize looks for technologically advanced or digital solutions to improve the resilience of food systems. However, what is the benefit, and who qualifies? This is your comprehensive introduction to this opportunity, which is meant to inspire innovators like you and contribute concretely to the goal of ending hunger in Africa.
Applications are currently being accepted for the Kofi Annan Award for Innovation in Africa 2024. Initiated by the Austrian Federal Chancellery in partnership with the Austrian Development Agency, the Kofi Annan Foundation, and the United Nations World Food Programme (WFP) Innovation Accelerator, this esteemed award aims to equip social entrepreneurs with digital or technology-driven solutions that tackle food security and resilience in Africa. This is your chance if you’re a social entrepreneur dedicated to using creative approaches to end hunger in Africa.
Benefits of the Kofi Annan Award
The Kofi Annan Award for Innovation in Africa provides comprehensive support to selected ventures:
- Acceleration Bootcamp: Nine teams will participate in a virtual WFP Innovation Bootcamp, offering mentorship and expert guidance to refine their innovations.
- Funding Opportunities: Successful bootcamp participants can apply for equity-free funding, with up to EUR 250,000 available for three ventures.
- Sprint Programme: The selected three ventures will enter a 12-month WFP Sprint Programme, gaining access to a global network, mentorship, and resources to boost their growth.
- Network of Innovators: All nine ventures, regardless of funding, will benefit from a robust network of businesses, investors, and mentors.
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Kofi Annan Award Eligibility Criteria
To be eligible for the award, your venture must meet these criteria:
- Legal Entity: Must be a for-profit entity, incorporated for at least two years.
- African Focus: A solution anchored in at least one African country.
- Local Presence: Existing presence or partnerships in the country of implementation.
- Addressing Priority Topics: Clear focus on one or more priority topics of the award.
- Market Reach: Potential to impact over 1 million people.
- Stage of Development: Minimum Viable Product (MVP) or validated prototype.
- Committed Team: At least three full-time employees.
- User Validation: Evidence of user or customer validation.
- Commercial viability: a clear path to financial sustainability.
- Implementation Plan: Potential for implementation in the 12-month Sprint programme.
- Positive Impact: Contribution to food security, employment, climate resilience, and resource protection.
- Diversity and Inclusion: Demonstrated commitment to gender balance, non-discrimination, and social inclusion.
- Environmental and Social Focus: Attention to environmental protection, gender equality, and social inclusion.
For Further Information
For more details about the Kofi Annan Award, visit the official website.
Kofi Annan Award Application Process
To apply for the Kofi Annan Award:
- Deadline: Applications must be submitted by February 8, 2024, at 11:59 p.m. (CET).
- Online Application: Complete the application form here.
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Conclusion
Social entrepreneurs have a rare opportunity to expand their solutions and impact food security and the Sustainable Development Goal of Zero Hunger through the Kofi Annan Award for Innovation in Africa 2024. In the event that your project satisfies the requirements and fits these objectives, this prize may serve as a springboard for expanding your influence throughout Africa. Fill out an application right now to join this life-changing experience.