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Apply now for the 2024 Kofi Annan Award for Innovation in Africa for Social Entrepreneurs EUR 250.000 Grant.

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Apply now for the 2024 Kofi Annan Award for Innovation in Africa for Social Entrepreneurs EUR 250.000 Grant. The Kofi Annan Award for Innovation in Africa is back for its second edition, and applications are now open.

Building on the success of the inaugural edition, this award is dedicated to recognizing and backing innovative solutions that boost food security and resilience in food systems across Africa. The Kofi Annan Foundation is on the lookout for innovative solutions from all corners of Africa that contribute to Sustainable Development Goal 2, Zero Hunger. They are particularly interested in initiatives that make strides toward ensuring food security and enhancing nutrition.

The 2024 Kofi Annan Award is seeking technology-driven solutions and approaches that are making a positive impact on enhancing food security and systems in various African countries. Nine (9) promising teams will take part in the fully virtual WFP Innovation Bootcamp.

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Eligibility and Requirements for the Kofi Annan Award for Innovation

Participants must meet the following:

  • Participant venture must be a for-profit legal entity and incorporated for at least two years at the time of application.
  • Their solution must be anchored in at least one African country.
  • The participant must have existing contacts and a presence in the country of implementation.
  • Participant innovation must clearly address one or more priority topics included in this call for applications.
  • Participant innovation must have more than 1 million people in the total addressable market.
  • Participant innovation must be at least at the Minimum Viable Product (MVP)stage; a validated prototype with user testing can also be eligible.
  • Participant solution should have a committed founding team with at least three full-time employees.
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What You Stand to Gain from the Kofi Annan Award for Innovation

Selected participants will receive the following:

  • Throughout the boot camp, participants will enjoy valuable chances to collaborate with technical and industry mentors. These mentors will offer expert guidance to help refine and further develop the innovative solutions presented by the teams.
  • Participants who successfully advance to the BootCamp stage will have the opportunity to apply for equity-free funding. There’s a chance to receive financial support of up to EUR250,000 per innovation, and this possibility exists for a total of three awards.
  • Three participants will be selected to receive EUR250,000 in equity-free funding and will also be welcomed into a WFPSprintProgramme. This 12-month acceleration program grants access to mentorship, a global network of influential partners, and resources designed to expedite their growth and impact.
  • Every one of the nine ventures will get the chance to tap into a strong network of relevant businesses, investors, and mentors. This provides a valuable opportunity to enhance their potential for long-term success and sustainability.

Application Process

The application deadline is the 8th of February, 2024.

Click here to apply.

For more information, visit the official webpage of the 2024 Kofi Annan Award for Innovation in Africa for Social Entrepreneurs.

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