The SA Innovation Summit 2017 Competitions had great turn out with exceptional inventors, founders, industry experts and analysts all contributing towards the continued entrepreneurial development of South Africa.
The Inventors Garage provided insight into some of the country’s most innovative minds with impressive products ranging from bacteria filtration devices to insect repellents. The finalists presented their ingenious works to guests, media and potential investors in a rigorous schedule which culminated in the adjudication process that concluded on Day 2. The Winner, Solar Turtle, an innovative solution for the spaza shop market, was crowned at the Award Ceremony along with a cheque for R10 000.
The GCIP-SA Pitching Den served a number of high quality green-tech ideas. The finalists are part of the GCIP-SA Cleantech Programme and gave our judges some hard time deliberating on the eventual winner, which was Khepri Bioconversion Units by Bandile Dlabantu. Bandile Dlabantu, Clement Mokoenene with his Vehicle Energy Harvesting System, harvesting pressure from the road to generate renewable electricity (2nd) and Sara Andreotti (3rd) with her shark-safe barrier, an eco-friendly product to create a physical barrier to protect beach goers from large sharks, qualified to compete in the Chivas Pitching Den Competition on the 2nd day of the Summit.
The Chivas Venture Pitching Den provided the platform for Startups to fully fledge their entrepreneurial prowess in front of a panel of esteemed judges with the winner going through to the Grand Prize entry to the Start-up World Cup where they will pitch for $1 million as well as a host of numerous prizes. Participants came up one after the other delivering impeccable pitches for the grand prize as well as a whole host of other prizes. Our overall winner here, EmptyTrips, founded and pitched by Benji Coetzee was unanimous and she will be representing South Africa at the Start-up World Cup. The winner will also receive a complimentary license to the YueDiligence platform and sponsored IP services from Adams & Adams.
Finally, the FemBioBiz Accelerated programme featured 15 final pitches from BioFISA member states across Southern Africa.
The Tshwane University of Technology’s Prof Keolebogile Shirley Motaung, Assistant Dean of the Faculty of Science as well as Tissue Engineering and a regenerative medicine expert, won the FemBioBiz Acceleration Programme Grand Prize of R250 000 and a trip to Slush 2017 in Finland to upscale her business and refine her ideas.
Thank you to all who participated for making the event a truly memorable one.
Set against the backdrop of SA Innovation Summit, the Chivas Pitching Den competition hosted in 2017 aimed to promote and develop the entrepreneurial creativity of startups, able and willing to disrupt the status-quo, to showcase their ground-breaking products or services, to gain visibility across government officials, local, regional and international investors and industry titans, and to secure financial and business support in the stages of scaling and growth. The finalists were made up of shortlisted applicants, finalists from the FemBioBiz and GCIP Pitching Dens and finalists from the Venture Network Pitch Nights. In 2017 invited high-growth early-stage startups from all over the world to pitch their innovative business solutions to a well-rounded panel of venture capitalists, angel investors and business development experts, and to compete for a US$ 1 million investment prize at the 2018 Startup World Cup grand finale (presented in Silicon Valley), as well as cash prizes, media exposure and networking opportunities with enablers and sponsors, and more.
In 2012 the SA Innovation Summit started the Inventors Garage Competition as a platform for startup inventors to showcase their ideas, products, and prototypes. The competition is designed in such a way as to provide maximum exposure to the inventors and offer them the opportunity to build out their networks and connect with the right people to create future business opportunities. Entrepreneurs are invited to enter their innovations annually. After an initial round of judging, finalists are given the chance to exhibit at the SA Innovation Summit. At the exhibition they will be evaluated by a panel of judges, and the top finalists will win numerous prizes. We hope the competition plays a role in growing entrepreneurs as well as inspiring people to engage actively in developing the country’s economy by fostering successful entrepreneurs. We would like to congratulate all the inventors listed in this booklet on a job well done. Innovation is a journey not to be undertaken by the faint of heart as the road is a difficult one.
The FemBioBiz Acceleration Programme is a NEPAD SANBio initiative and has been created to develop leadership, technological and business skills in female-owned businesses in the SADC region to support deal-making and business acceleration in the Biosciences arena. Through the support of the BioFISA II Programme, Pitching Training for biotech/agribusiness entrepreneurs has been rolled out in a number of countries in Southern African countries. The final competition was concluded at the SA Innovation Summit in 2017.
The Global Cleantech Innovation Programme (GCIP-SA) is part of a global initiative that aims to address the most pressing energy, environmental and economic challenges of our time through promoting clean technology innovation and supporting Small and Medium-size Enterprises (SMEs) and start-ups. Specific areas of focus are energy efficiency, renewable energy, waste beneficiation, water efficiency and green buildings and transportation. The programme is implemented by the United Nations Industrial Development Organization (UNIDO) with funding by the Global environment Facility (GEF). In South Africa UNIDO has partnered with the Technology Innovation
Agency (TIA) as the execution and hosting institution for the GCIP, while the US-based Cleantech Open serves as the main knowledge partner of the global programme.