SAIS 2 RE:innovation Challenge Call is Open!
Introducing RE:innovation
The Southern Africa Innovation Support Programme (SAIS 2) RE: innovation challenge is now calling for proposals from projects to pilot and validate solutions to make Southern African startup ecosystems more resilient and better able to face an uncertain future.
A maximum of six (6) applications will be selected for grant funding of between EUR 30,000 and EUR 50,000 per project for a maximum of five months. A matching funding minimum of 20% (10% cash and 10% in kind) is required from the applicants.
The SAIS 2 RE:innovation challenge is open from Wednesday, 26 August, and closes on Sunday, 27 September 2020 at 23:59 CAT.
For further information, please download the Call Text and Guide for Applicants, and watch the video on this page.
Startup ecosystems play a critical role in providing an environment in which African startups can thrive and grow. In many countries, these systems are still young and are often vulnerable to unforeseen events such as the recent COVID-19 pandemic. Unexpected shocks can interrupt the operation of startups, incubators, universities, and even large firms for a significant time. Therefore, it is vital to strengthen the ecosystems’ ability to rapidly recover from negative events. Such resilience is also the key enabling factor to ecosystems’ development and growth.
For this reason, SAIS 2’s RE:innovation challenge is looking for visionaries who can offer technology-enabled solutions that strengthen innovation and startup ecosystems in Southern Africa.
SAIS 2 recognises technologies in the line of the fourth industrial revolution, such as artificial intelligence, cloud computing, robotics, 3D printing, the Internet of Things, and advanced wireless information and communication technologies, as empowering technologies driving the scalability of startup innovations and the resilience in ecosystems.
Are you a visionary with a possible solution?
How winning projects will benefit from participating in the RE:innovation challenge
- A maximum of six (6) projects will be selected pilot testing or validating the proposed solution.
- Each selected project will receive a SAIS 2 grant of between EUR 30,000 and EUR 50,000 per project, depending of the project budget proposed. The applicant has to provide at least 20% matching funding to counter the SAIS 2 grant (10% cash and 10% in kind).
- Selected projects will have a maximum of five (5) months start and finish their project, including the project launch, piloting/validation, and final reporting.
- Selected projects will have an opportunity to present the solutions and the results to a network of entrepreneurship and innovation ecosystem stakeholders, which could lead to new opportunities for the proposed solution.
To answer the RE:innovation challenge call, you need to meet the following criteria:
- You have identified a challenge to and a solution that strengthens the resilience of a startup ecosystem in one of the following countries: Botswana, Namibia, South Africa, Tanzania, or Zambia.
- The solution is technology-enabled and easily adapted for quick implementation.
- You have a project consortium comprising innovation support organisations such as incubators, hubs, labs, and accelerators as well as research/academia, private sector and public entities, and/or NGOs hosting and supporting youth entrepreneurship and startups.
- Your project consortium must have at least one innovation support organisation as a member, which will also act as the project coordinator.
- Your project coordinator is a registered legal entity in one of the five SAIS 2 partner countries (Botswana, Namibia, South Africa, Tanzania, Zambia).
If you believe you’re the visionary we’re looking for, download our Call Text and Guide for Applicants for more details and instructions to apply.
For more information please open this link
https://www.saisprogramme.org/fund/reinnovation
Join Us On Telegram @rubyskynews
Apply any time of year for Internships/ Scholarships
