fbpx

ENTREPRENEURS Business Competitions

2018 Africa Energy Ideas Competition

About the Competition
The 2018 Africa Energy Innovation Competiton is set to accelerate the development of early-stage energy firms across Africa. Across Africa, the main energy challenge is to rapidly deliver modern energy services to millions of households and businesses using sustainable and affordable energy technologies. This competition challenges early-stage energy entrepreneurs from Africa to collaborate with local research institutions or industries to develop a prototype model of a key device/equipment for a social energy enterprise or energy management system using local resources.

Competition Guidelines
Your proposed prototype model submission must not exceed 1-side of an A4 page and should include the following:
Project Title
Your solution (250 words)
Partner Institution or Industry
Expected impact (50 words)
Short abstract (50 words)
Design tools and method (50 words)
Problem Statement (50 words)
Estimated costs and timeline (50 words)

Submissions must be in Microsoft Word or PDF format by email to info@thenef.org.

The subject line of the email should follow the format: [Country] Title of the Project.

Submissions that exceed the word count may be disqualified. Shortlisted submissions would be invited to participate in the
final round by submitting a 1-page poster to summarize their design, with a detailed budget, 2-page Design Brief, and a Short
2-minute video to describe a prototype model of the proposed solution.

Eligibility And How To Apply
Young professionals between the ages of 18 and 35 years from Africa are invited to participate in the competition and nominate a relevant local research institution or organization. Applications may be submitted by a team of up to three people. At least 1 member of the team must be from the local research institution or industry. Teams may be formed across different schools, institutions, companies, countries etc. Individuals or teams may submit multiple applications.

Prizes and Recognition
The finalists and winners will be selected by a panel of academics and experienced development professionals from public and private sector institutions. Winners of the competition get the opportunity to:
⇒ Pitch their proposed prototype model at the 2018 Nigeria Energy Forum, in Lagos, Nigeria, using a poster and short video.
⇒ Benefit from unique networking opportunities with other young leaders as well as some of the most senior decision-makers in government, international development, academia and the private sector.
⇒ Attend a range of business development workshops, receive support from a dedicated start-up incubator and a cash prize of up to $3,000 to demonstrate the proposed solution.

Evaluation Criteria
The first round of submissions will be evaluated using the following attributes:
Local Content: utilize local resources, demonstrate the use of local expertise, alternative energy services or efficient solutions for powering agriculture, education, healthcare, industries etc.; and be significant enough to impact large numbers of people, households and/or businesses.
Originality and creativity: present solutions that are original, creative in areas that are either underdeveloped or severely underdeveloped in research and literature.
Commercial Viability: proposed prototype model should be realistic, practical rather than just theory, cost-efficient and outline commercial arrangements that address obvious roadblocks, using a specific prototype model.
Clarity: ideas should be presented in a clear and concise manner with realistic completion timeline.

Visit the official homepage here to apply now.

No comments yet! You be the first to comment.

Leave a Reply

Your email address will not be published. Required fields are marked *