SA Innovation Summit Competitions To Comence

The he SA Innovation Summit has once again given inventors, innovators and established companies the opportunity to enter their prototype or product into the Inventors Garage and/or SA Innovation Legends Pitching Den competitions.

Summit Director, Dr Audrey Verhaeghe, says they are excited about the level of innovation displayed, adding that the competition is a big part of the Summit, with finalists and winners exposed to a large number of investors and incubators.

Finalists also take part in the Market on the Edge and stand to win incredible prizes,2016 also introduces the Match and Invest platform where entrepreneurs can pitch to investors directly in order to secure funding for their growing business.

The competition is open to high-growth start-ups, established companies and large corporates who are driving innovation on the African continent.

The Pitching Den was designed to recognise companies whose innovative tech-enabled solutions have the potential to make a significant positive impact on the growth of the continent,” says Dr Verhaeghe.

The overall winners will be announced at an Award Ceremony and stand a chance to win an overseas trip to meet international investors at Slush, a Finnish Innovation Conference supported by Tekes , PR exposure worth R200 000, the opportunity for IP consultation from Spoor & Fisher,  matching-making and acceleration, and more.

Through the respective Social Innovation platforms, the SAB Foundation will support the best Social Innovation with a prize worth R50 000.

The Innovation Edge will be looking for opportunities to invest up to R1 million in ideas that have the potential to radically change the early life experiences of children, giving the best possible start in life right from the start.

In addition to funding, the Innovation Edge could offer innovators with promising ideas the chance to attend a week-long incubation boot camp offered by {code}bridge in Cape Town.

Entries to the Pitching Den are made online. Finalists will be invited to pitch their business to a well-rounded panel of judges at the main conference.


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