Deadline: 25-Mar-22
Nominations are now open for the AfricaTech Awards.
VivaTech, with support from the International Finance Corporation (IFC), launched the first edition of the AfricaTech Awards, a pan-African initiative developed to recognize and support the most innovative and impactful African startups across three key sectors – Climate Tech, Health Tech, and FinTech.
Types of Challenges
- Climate Tech Challenge: Solutions that can reduce emissions, protect the environment, and help communities become more climate-resilient.
- Health Tech Challenge: Solutions that can expand access to healthcare among underserved communities, reduce the cost of services, and boost innovation in the healthcare sector.
- FinTech Challenge: Solutions that can expand access to financial services among underserved communities, promote financial inclusion and financial literacy, and improve the efficiency of the banking infrastructure.
Categorys
- Take part in VivaTech
- Join the event (flight, booth, and passes)
- Pitch on stage on the AfricaTech Lab
- Take part in the official AfricaTech Awards ceremony
- Meet key players to scale your business
- Network with top corporate partners
- Pitch your startup to top VC funds
- Refine your ideas with fellow entrepreneurs
- Benefit from a strong visibility
- Get highlighted in the VivaTech program
- Get featured on social media and different media outlets
Award Information
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Climate Tech Winner: Introduction to the IFC Climate Tech Specialist and key industry players Access to New Energy Nexus’ global clean energy ecosystem network and its local networks in Uganda and Nigeria.
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Health Tech Winner: Introduction to the IFC Health Tech specialist and key industry players.
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FinTech Winner: Introduction to IFC FinTech investment team and IFC partner VC funds
Eligibility Criteria
- Startup based in Africa
- Having a product/solution addressed to the African market
- Having a scalable product/solution
- Must address one of the following themes: Climate Tech, Health Tech, or FinTech
- Must have raised a minimum of $200K in the capital but not more than $6M
Criteria
- Impact: Product/solution with proven results in addressing pressing issues affecting society and/or the environment.
- Innovation: Originality and innovation level of the tech solution compared to existing alternatives (problem-solving approach, characteristics of the technology used, patented processes or components, etc.)
- Scalability: Market size and scalability potential of the startup (total addressable market, potential to expand to other markets, etc.)
- Team Profile: Level of experience and size of the team (number of employees, level and diversity of expertise, entrepreneurship and/or academic background, etc.)
- Business Model: Demonstrated traction and product-market fit (maturity of the startup, commercial traction, number of clients, annual global turnover growth, etc.)
For more information, visit https://challenges.vivatechnology.com/en/challenges/africatech-awards
