Deadline: 19-Oct-21
Prosus launched the Social Impact Challenge for Accessibility (SICA) in partnership with Startup India and Social Alpha in 2021 to support entrepreneurs and technologies that help persons with disabilities lead an empowered life.
- Social Impact
- Social Entrepreneurship
- Assistive Technology
- Innovation
- Investment
- Ideation Stage Startup
- Validation Stage Startup
- Early Traction Startup
- Scaling Stage Startup
Prosus has committed $250,000 over three years to Prosus SICA. Each year, top three startups providing assistive technology solutions will receive a grant from Prosus. Further, top three startups are also eligible to receive follow-on funding from Social Alpha of up to $120,000 over three years. In 2021, top three startups will be awarded grants worth $35,000, $25,000, and $15,000 respectively.
- Any individual or group of individuals representing a startup can apply. The startup should have an innovative idea that addresses challenges faced by persons with disabilities.
- The participating startup should be an independent entity. It should not be a subsidiary of an existing corporation or have legal ties to any government body.
- The participating startup should have a developed prototype and must have completed user testing.
- SICA is a search for startups & social enterprises who have created innovative revenue-led products, equipment, or systems that enhance the learning, working and daily living for persons with disabilities.
- Individual innovators are not eligible to apply for the challenge. The challenge is looking for innovators who want to establish marketing channels for existing products, improve product design, and create a sustainable supply chain. Startups with developed prototypes who have completed user testing should apply. The applicant company has to be owned by resident Indian citizen i.e., at least 51% of capital in the company is owned beneficially by a resident Indian citizen.
For more information, visit https://www.startupindia.gov.in/content/sih/en/ams-application/challenge.html?applicationId=61263a7ae4b0f62f92faf41e