6th BRICS Young Innovator Prize Competition

Deadline: 26-May-23

Applicants are now being invited to submit their applications for the 6th BRICS Young Innovator Prize Competition, a platform for BRICS young scientists and entrepreneurs to share their best practices in innovation and venturing.

Purpose of the Call

• The BRICS Young Innovator Prize is a special recognition of young talented entrepreneurs and researchers, whose outstanding innovations (inventions, products, applications, and services) will make a profound impact on the socio-economic, environment and condition of life in BRICS societies.
• This initiative was introduced in 2018, during South Africa’s BRICS Chairship. A total of five instalments of the BRICS Young Innovator Prize have been held successfully and it has become an important stage for BRICS youths to display their innovation talents and strengthen exchanges and cooperation. The winner of the Young Innovator Prize will be granted through contests among the youths from BRICS countries. The upcoming 6th BRICS Young Innovator Prize will be convened in-person as part of the 7th BRICS Young Scientist Forum which will be held from 31ST of July, until the 3rd of August 2023 South Africa.

Thematic Areas

The Innovations shall focus on the following thematic areas:

• Modernizing manufacturing;
• Modernizing agriculture;
• Modernizing mining;
• Digital and Circular economies;

Prize Details

• First Place – $ 25 000.00
• Second Place – $ 15 000.00
• Third Place – $ 10 000.00

Eligibility Criteria

• The innovations should emanate from universities, research institutes or registered enterprises in line with a BRICS member country’s law;
• The project must be innovative and has been transformed from scientific and technological achievements;
• The innovation should be in a phase of limited product testing, discontinuous production, certification, or preparation of the product for market;
• The innovation should not infringe upon the intellectual property of any third party and the Intellectual Property Rights (including patent, standard, thesis, etc.) and must be owned by the project team members;
• The age of applicant must be under 40 years and a citizen of a BRICS country; and
• Each applicant can only choose to compete in one project field for the awards.

Assessment Criteria

• Social impact;
• Process Improvement;
• Contribution to Industry Competitiveness;
• Potential to replicate within BRICS member States and beyond; and
• Novelty

For more information, visit Technology Innovation Agency.