Africarena Open Innovation Tech Challenges

By Start.Space

AfricArena, the largest African tech ecosystem accelerator in the world, currently has  six open innovation challenges running that entrepreneurs globally can apply to. Two of these challenges close this week, if your start-up would like the chance to compete on the global stage in front of investors, sponsors and partners – Apply Now.

AfricArena is a conference that showcases Africa’s best startups and innovators in front of an audience of local and international investors looking for world-class talent. The event, which takes place 15 – 16 November 2018 in Cape Town, has currently opened six challenges that entrepreneurs from across the continent can apply to.

The first AfricArena conference took place in 2017, and represented an opportunity to explore tomorrow’s trends while unleashing some of Africa´s best startups and innovators. The event brought together key figures in the international and African tech innovation ecosystem with the aim of promoting African Tech excellence.

AfricArena 2017 saw 450+ attendees watching over 40 speakers and witnessing more than 2 million US dollars’ worth of deals being made. The two-day conference paired more than 80 of Africa’s best startups with over 100 investors from across the globe, providing a once-in-a-lifetime opportunity to really showcase Africa’s innovation.

Cross Sector and Country Challenges

 The cross-sector challenges are open to all startups with an existing product. In addition, applicants are expected to be able to prove substantial growth and traction, as well as have attained market and customer validation.

For successful applicants, the pre-selection pitching sessions are set to be streamed on international investor platform Euroquity and viewed by hundreds of heavyweight investors across the world.

Nairobi: The application deadline closes tomorrow midnight (5 June) for the pre-selection event, set to take place in the city on 13 June.

Casablanca: Moroccan startups have until 26 June to apply for the pre-selection pitch session set for 4 July.

Lagos: Nigerian startups must apply by July 8. The pre-selection event is set to be held shortly after that on 18 July.

Two of these challenges close this week!

Sponsor Challenges

Vinci Energies, RCS Group and Air France KLM have each launched challenges that will see three startups from each challenge selected to attend AfricArena for training and the pitching sessions.

Vinci Energies has launched a challenge for Kenyan, Moroccan, Senegalese and Nigerian startups, looking for disruptive solutions that use artificial intelligence (AI), machine learning, and blockchain to quantify, manage and optimise energy exchange flows at microgrid or national grid level.

The winner of this challenge will get to work on a mutual proof-of-concept (POC) with Vinci Energies, as well as receive the opportunity to pitch to the company’s Inerbiz Corporate Fund. Applications are open here.

RCS Group is searching for entrepreneurs that have a solution able to secure and store customer identification and authentication credentials in order to ease customer on-boarding and transaction approval. The winning startup will have the opportunity to partner with RCS in the integration of their solution with the company’s existing system. Applications are open here.

Air France KLM has also launched an open innovation challenge, looking for solutions aimed at Joon, their new lower-cost subsidiary. This challenge is aimed at innovators with solutions that either enhance passenger’s personal devices’ experience or the customer on-board connected experience. Applications are open here.

The winners of the challenges aforementioned, will be flown to the Africa event AfricArena in Cape Town, South Africa on 15 and 16 November and will stand a chance to pitch to hundreds of investors, partners and sponsors present. The pitches will also be live streamed via EuroQuity which means that international investors will be able to see the pitches and potential global partnerships and deals could be struck for African startups in this way.

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