The Innovation Prize for Africa (IPA) 2013 has announced its top 10 finalists. These entrepreneurs have created African solutions to every day African challenges.
The top 10, five of which represent South Africa, were chosen from more than 900 applications from 45 countries and provide practical examples of Africa‘s investment potential.
Finalists are leaders in the areas of agriculture, environment, health, ICT and manufacturing.
The winners of the IPA 2013 will be announced on 7th May in Cape Town. The winner will receive US$ 100, 000 for the best innovation based on marketability, originality, scalability, social impact and clear business potential.
A runner up will receive US$ 25, 000 for the best commercial potential and another winner will receive US$ 25, 000 as a special prize for social innovation.
The top 10 finalists are:
- Zero-Blade Wind Converter, Tunisia
- SavvyLoo, South Africa
- The TBag Water Filter, South Africa
- The Malaria pf/PAN (pLDH) Test Kit, South Africa
- The Fonia Husker Machine, Senegal
- Novatech Construction Systems, Cameroon
- Mobenzi, South Africa
- Mimosa for Solar Power Production, Nigeria
- Agroforestry Model Farm, Sudan
- AgriProtein, South Africa
The IPA selection committee represents private equity investors, seed funders, venture capitalists, entrepreneurs and development leaders who are looking for ideas that move Africa forward.
The call for applications for IPA 2014 will be announced in July 2013. For detailed information of competition categories, conditions of entry, and submission details, visit: InnovationPrizeForAfrica.org.
