Apply Now: 200,000€ in Innovation Awards for Your Technology Solutions

Foundation Grant Funding 200w" sizes=" 640px) 100vw, 640px" data-recalc-dims="1" />
Millions of people face immense basic needs supply challenges on a daily basis. Food, water, sanitation, waste management, education, healthcare, and mobility are too expensive or not available across the developing world.
Yet, appropriate technological solutions can level out acute deficits and offer diverse opportunities for independent economic activities and urgently needed income. Siemens Stiftung Foundation believes the use of technology along with social entrepreneurship improves quality of life and social structures.
Empowering People Award
Siemens Stiftung Foundation’s Empowering People Award has 200,000€ for low technological solutions or products with sound business potential to solve basic supply problems in developing countries.

  • Main winners: 50,000 Euros, 30,000 Euros, 20,000 Euros
  • Runners-up: 7 x 10,000 Euros each
  • Special WASH Award: 20,000 Euros
  • Community Prize: 10,000 Euros

All winners gain from a long-term membership in Empowering People Network that offers various support opportunities plus the solutions will be endorsed in the online Solutions Database to bring them under an international spotlight enhancing scope and impact.
Apply online by October 31st, 2018, 24:00 CET
Award Categories
Apply now if you have a solution already be in use that focuses on one of these issues:

  • Water & Sanitation: Solutions should enable individuals or communities to create, maintain and manage their water supply and/or their waste water treatment.
  • Energy: Sustainable energy provided by solar, water, wind, or other sources, could be used for mobility, electricity, cooking, heating, manufacturing, etc.
  • Food & Agriculture: The usage of technology can considerably improve harvest, processing, and distribution of food, even in regions with poor soil or climate conditions.
  • Waste Management: Solutions should have a lasting impact on the improvement of solid waste management and thus saving resources and improving living conditions.
  • Healthcare: e-health solutions or technologies to educate individuals or communities on the subjects of health and nutrition.
  • Mobility & Infrastructure: Solutions can focus on sustainable renewable energy transportation of freight and people using inland modes of transport like road, railways or waterways.
  • Financial Technology: Solutions may facilitate management of microfinance for communities or provide viable mobile financial services to non-banking communities.
  • Education & Training: Solutions should improve the education in various fields including school subjects, crafts, health, hygiene, environmental issues or entrepreneurial skills at schools or in vocational training.

Award Evaluation
Siemens Stiftung Foundation’s Empowering People Award entries will be evaluated according to the following four criteria:

  • Technology: What is the technical functionality and feasibility (resources at hand, functionality and reliability in local conditions) and environmental performance?
  • Social impact: What is the potential to help solve basic supply problems and help with income generation, job and training opportunities.
  • Business: What is the business model and financial resources, the status of the Proof of Concept (time of operation, revenue streams, earnings), and the financial planning and scaling options.
  • Team/Organization: What is the team competence and experience and organizational structure.

The post Apply Now: 200,000€ in Innovation Awards for Your Technology Solutions appeared first on ICTworks.