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Home Venture Capital

Africa startups are invited to apply for US$1.2M Earthshot Prize

TechGist Africa by TechGist Africa
January 23, 2023
in Africa, Venture Capital
Reading Time: 2 mins read
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The Earthshot Prize, a global environmental prize to find, accelerate, and scale ground-breaking ideas to repair and renew the earth, has invited African startups to submit applications.

Any African organizations, businesses, governments, or individuals who are actively working to protect and restore nature, clean our air, revive our oceans, build a waste-free world, or fix our climate are eligible to submit an entry for consideration in one of the five categories of the Earthshot Prize.

Also read: Top trends shaping the global oil and gas market in 2023

Any African organizations, businesses, governments, or individuals who are actively working to protect and restore nature, clean our air, revive our oceans, build a waste-free world, or fix our climate are eligible to submit an entry for consideration in one of the five categories of the Earthshot Prize.

A worldwide network of over 350 individuals and organizations from 66 countries is tasked with the responsibility of guiding the process through.

A worldwide network of over 350 individuals and organizations from 66 countries is tasked with the responsibility of guiding the process through.

After the initial competition for the Earthshot Prize was held in 2021, three African organizations were chosen to compete for the top prize. These organizations were Sanergy from Kenya, Reeddi Capsules from Nigeria, and the Pole Pole Foundation from the Democratic Republic of the Congo.

In the meantime, in December of 2022, the coveted environmental prize was awarded to a startup company called Mukuru Clean Stoves, which was situated in Kenya and provided cleaner-burning stoves to women in Kenya in order to minimize dangerous indoor pollution and provide a safer way for them to cook.

Also read: Effective implementation strategies for more reliable development agendas in Africa

The prize is presented on a yearly basis to a total of five winners, who are each given a prize grant of $1.2 million in order to expand their respective projects.

The submission period closes on January 27.

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Source: TechGist Africa
Tags: africaAfrica startups are invited to apply for US$1.2M Earthshot PrizeAfrican startupsbusinessesearthEarthshot Prizeenvironmental prizeventure capitalафрикаأفريقياアフリカ非洲
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TechGist Africa

TechGist Africa

Tech Gist Africa is a leading online technology and digital media outlet, dedicated to providing latest tech news, product launch, startup news across.

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