SAB Foundation Social Innovation and Disability Empowerment Awards 2021 for young South African Entrepreneurs

sab-foundation-social-innovation-awards

Application Deadline: March 31st 2021

The SAB Foundation supports and invests in entrepreneurs and social innovation with a priority in benefitting women and youth, people in rural areas and people living with disabilities. The SAB Foundation has created opportunities for entrepreneurs and innovators living with disabilities and we strongly encourage them to apply.

THE SOCIAL INNOVATION AWARD is aimed at innovators/social entrepreneurs/institutions/social enterprises with prototypes or early stage businesses that can solve a social problem.

THE DISABILITY EMPOWERMENT AWARD is aimed at innovators/social entrepreneurs/institutions/social enterprises whose innovations focus on providing solutions for people living with disabilities.

Eligibility Criteria

The SAB Foundation Social Innovation and Disability Empowerment Awards will be open to any innovation solution that offers a credible prospect of meeting a demonstrable social and/ or economic
need evidenced by the SAB Foundation’s target low-income beneficiary groups (with a particular emphasis on innovation that benefits women, youth, people with disability and those in rural areas), as well as demonstrating potential as a sustainable businesses.
• Entries are welcomed from South African individuals, innovators, entrepreneurs, social enterprises and university departments. Entrants may enter as individuals on their own, or as members of a team, in which case one individual team leader shall complete the online application form.
• The innovation entered must be the original work of the applicant and a true innovation and/or a significant improvement on an existing technology, product, service, and production method or business
model.
• Product innovation covers innovations in both goods and services, which can be divided into new or improved products. A new product has different characteristics and intended uses than existing products. It may use new technologies, knowledge and products or a combination of these. An improved product is an existing product whose performance is significantly increased; in terms of either increased output or a reduction in cost.
• Process innovation is the adaption or creation of improved ways to deliver a product or service. It could come from changes in knowledge, perception and understanding. For poverty reduction, process innovations can increase the level of service delivery to beneficiaries, or enable practitioners to reach previously untouched groups or individuals.
• Applications are open to all South African citizens, 18 years or older. All participants must submit a certified copy of their South African Identity Document with their online applications.
• The innovation/solution must have progressed past the “blue-sky” thinking stage: there must be some evidence of investment by the applicant. This means that applicants must be able to show proof that prior to applying, they have spent time and/or money developing the innovation: planning, developing and testing prototypes, market and industry research, developing a business plan.

HOW TO APPLY

  1. Online applications open 25 February 2021 and close on 31 March 2021 at midday.
  2. Read through this brochure to check if your organisation or idea would be a good fit for the Social
    Innovation and Disability Empowerment Awards based on its impact on at least one of the four focus areas
    (women, youth, persons living with disabilities or persons living in rural areas).
  3. Select the correct programme you will be applying for:
    THE SOCIAL INNOVATION AWARD
    or
    THE DISABILITY EMPOWERMENT AWARD
  4. Read through the online application guidance document.
  5. Complete the online application form. The link is available on the SAB Foundation website (http://
    sabfoundation.co.za/social-innovation-awards/
    ) or click here to go through to the application page.
  6. Make sure you complete and submit your application before the deadline.
  7. Early submissions are strongly encouraged.
  8. The SAB Foundation Social Innovation and Disability Empowerment Awards seek the best ideas to enhance
    the lives of previously disadvantaged South Africans. Specific consideration will be given during the judging process to the race, gender, age and disability status of applicants.

For More Information:

Visit the Official Webpage of the SAB Foundation Social Innovation and Disability Empowerment Awards 2021

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