WIN 50,000 EUR0 IN THE SIEMENS TECHNOLOGY INNOVATION COMPETITION
Technologies for Basic Needs:
Siemens Stiftung has initiated this worldwide innovation award to identify appropriate technical solutions for implementation in developmental activities. The combination of technological innovations, entrepreneurial approaches and capacity building is considered to be the key driver in the improvement of living conditions in emerging countries. The aim of the “empowering people. Award” and the “empowering people. Network” is therefore to connect innovative solutions for basic supply problems in developing countries with potential partners, investors and other key players in development work.
Following the first competition in 2012/2013, the Award is again on the lookout for appropriate technologies to improve basic supply in crucial areas. Inventors and social entrepreneurs are called upon to submit their simple tech innovations and related business strategies in eight categories.
Siemens Stiftung has, since the last contest, developed a comprehensive and growing Solutions Database showcasing the most promising innovations. Putting such inventions in an international spotlight, making their social impact potential visible fosters a climate of cooperation between developer and user on the ground. As members of the “empowering people. Network” the showcased projects are also supported through virtual and regional workshops, training and coaching.
The Siemens Stiftung will honour the 1st prize-winner with a sum of 50,000 EUR. The second prize is valued at 30,000 EUR, the third at 20,000 EUR and a further 5,000 EUR will be awarded to 20 runners up. A Community Prize will also be awarded with a prize of hardware to the value of 5,000 Euro.
The winners will further receive promotion on an international scale with global public relations activities ensuring wide visibility. They will become members of an international Network that offers essential support, valuable know-how, helpful insights and connections.
Entries will be evaluated according to:
– Potential of project to help solve basic supply problems
– Technical feasibility with regard to resources at hand, functionality and reliability in local conditions
– (Social) Business concept regarding job creation and replicability
– Financial sustainability potential
– Environmental performance
DEADLINE: 30th November, 2015