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.
Advantages of the Kofi Annan Prize
Those chosen for the Kofi Annan Award for Innovation in Africa receive full support:
- Acceleration Bootcamp: A virtual WFP Innovation Bootcamp will be held for nine teams, providing mentorship and professional advice to help them hone their ideas.
- Funding Opportunities: Those who complete the boot camp successfully may apply for equity-free funding, with a maximum of EUR 250,000 being made available for three projects.
- Sprint Program: The three chosen businesses will participate in a 12-month WFP Sprint Program, where they will have access to resources, coaching, and a worldwide network to accelerate their growth.
- Network of Innovators: A strong network of companies, financiers, and advisors will be advantageous to all nine initiatives, irrespective of funding.
Kofi Annan Award Qualifications
Your initiative must fulfill these requirements to be eligible for the award:
- Legal corporation: Must be a for-profit corporation, incorporated for at least two years.
- African Focus: At least one African nation serves as the foundation for the solution.
- Local Presence: Partnerships or an established presence in the implementation nation.
- main Topics: Concentrate on one or more of the award’s main topics.
- Market Reach: Capable of affecting more than a million individuals.
- A validated prototype or Minimum Viable Product (MVP) is the stage of development.
- At least three full-time employees make up the committed team.
- Proof of user or customer validation is known as user validation.
- Commercial viability: A direct route to long-term financial stability.
- Plan of Implementation: Possibly included in the 12-month Sprint program.
- Positive Impact: Support for resource preservation, employment, climate resilience, and food security.
- Diversity and Inclusion: Proven dedication to social inclusion, nondiscrimination, and gender parity.
- Environmental and Social Focus: Emphasis on social inclusion, gender equality, and environmental conservation.
Kofi Annan Award Application Process
To submit a Kofi Annan Award application:
Deadline: Applications must be received by 11:59 p.m. (CET) on February 8, 2024.
Online Application: Fill out this application.
Additional Details
Go to the official website for additional information on the Kofi Annan Award.
Finally
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. If 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.
Source: Allschoolabs, Myschoolgist
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