- The African space-tech sector is one of the fastest-growing markets globally, but it is still significantly underexploited. This sector represents a massive investment opportunity.
- The African Union has identified earth observation as a critical resource that must be leveraged in achieving Africa’s development goals.
- One of the best ways to grow this sector is through an open innovation challenge.
- To identify the most promising innovators, entrepreneurs and early-stage businesses across Africa and develop them into sustainable companies
- To develop Africa’s geospatial readiness so that African businesses can service African demand for geospatial intelligence
1. Search process:
African innovators & entrepreneurs invited to submit novel business ideas.
2. ENTREPRENEUR SUPPORT:
Finalists enter 2-week business development support programme to take their companies to the next level.
3. Pitching den:
Participants pitch to a panel of judges and other industry players. Winners receive a range of prizes.
4. Ongoing entrepreneur support:
All participants are empowered with ongoing support to build sustainable businesses.
5. TECH DEMO DAY:
Selected entrepreneurs pitch to a panel of VCs for investment.