NEF 5th Africa Energy Innovation Competition 2020 for Early-stage Energy Entrepreneurs (USD $5,000 prize)
Deadline: January 30, 2020
Applications are invited for the NEF 5th Africa Energy Innovation Competition 2020. The Challenge is set to advance the sustainability of early-stage energy firms across Africa. The aim is to develop clean, innovative and bankable energy services for households and businesses, based on low-carbon 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.
Winners of the competition get the opportunity to:
- Pitch their proposed solution/service/prototype model at the 2020 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 business development workshops, receive support from start-up incubators and
- Receive a cash prize comprising grants or equity investments of up to USD $5,000 to demonstrate or scale the proposed solution.
- 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.
The first round of submissions will be evaluated using the following attributes:
- Local Content: utilize local resources, demonstrate 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.
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 Organization (s)
- 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 and sent by email to [email protected]
- 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