AFRICA CUP
COMPETITION
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COMPETITION BACKGROUND
The centre stage of the SA Innovation Summit: a competition providing start-ups and early stage companies in all tech-enabled sectors from around the world to compete for investment, showcase their products and services, gain market and media exposure, and secure support in the stages of scaling and growth.
The Africa Cup aims to promote and develop the entrepreneurial creativity of start-ups who are disrupting the traditional ways of doing business. This is an opportunity for all early start-ups with a high growth potential, scalability and expansion plans, to showcase their technologies while obtaining access to funding, new markets and PR exposure.
If you only have an idea or you not commercialised yet, please enter the Inventors Garage Competition.
Entries for the 2021 Africa Cup are now closed. For more information, please contact us: competitions@innovationsummit.co.za
COMPETITION OVERVIEW
The Top 10 finalists will participate in a live virtual pitching den at the 2021 SA Innovation Summit
AFRICA CUP TRACTS
Business solutions belonging to one of the following tracks are encouraged (not exclusive):
GREENTECH
BIO-/HEALTHTECH
SPACETECH
Edutech
SELECTION CRITERIA
A panel of expert judges will evaluate the Africa Cup entries and select 50 entries from the initial pool. This Top 50 will submit video pitches to be further reviewed and the Top 10 finalists to compete in the final live virtual pitch round.
During the preliminary evaluation process, the pitches will be reviewed based on the information provided in the online entry form according to the following criteria:
Early-stage, post-revenue &
at least 1 year in operation
Sound revenue and profit models
Market attractiveness and ability to provide solution to the identified need
Strategic competitive positioning
Strong management team
(More than 1 founder)
Looking for growth funding
TERMS & CONDITIONS
Below are the General Terms & Conditions for the 2021 AFRICA CUP:
- The SAIS reserves the right by its sole discretion not to accept entries should they have been made by illegitimate, suspicious, and/or unqualified participants. Additional documentation may be requested during the review process as proof of information provided in the application.
- All entries are to be made through the online form. Entries received via email or other channels will not be accepted.
- Only fully completed entry forms will be reviewed. Any entries with missing information will be automatically disqualified.
- Any entries that do not meet the criteria for the competition entered will be automatically disqualified. Entrants to ensure their business meets the competition requirements before completing the form.
- Entrants to ensure concepts are protected – competitions are non-confidential. Concepts will be viewed by the public and therefore important to not divulge the know-how e.g. formula, code etc.
- By entering the competition, you give the SAIS permission to use images, footage and other visuals collected during the live pitch on social media, website and other relevant platforms.
- If an investment offer is made, due diligence will be undertaken and the potential investors have the right to request documentation. Should the information provided in the entry form be a misrepresentation of the business, the investors can withdraw their offer.