African startups have been invited to apply for the Hello Tomorrow Global Challenge for a chance to win US$112,000 (€100,000) equity free prize money.
The Hello Tomorrow Global Challenge is a worldwide renowned science & technology startup competition designed specifically to address the needs of deep tech entrepreneurs across several different industries and technologies.
The Challenge was created in 2013 by deep tech entrepreneur Xavier Duportet and Arnaud De La Tour, at the time both PhD students, who realized that the resources needed to propel emerging technologies were different from those of traditional web and mobile innovations.
The Challenge gives scientists and deep tech entrepreneurs around the globe a platform for their research and projects, providing equity-free prize money as well as other funding opportunities, global visibility and connections with key players in the deep tech innovation network.
Startups can apply from any of the below categories:
- Advanced computing & AI
- Cybersecurity and communication
- Digital health and medical devices
- Drug discovery
- Food and agriculture
- Industrial biotech
- Industry 4.0
- Medical biotech
- New space
- Smart city
80 finalists (around 6 finalists per track) will have the opportunity to pitch in front of a select audience of 400 people, to compete for the US$11,000 (€10k) prize per track.
The grand winner, selected among the track winners, will be awarded US$112,000 (€100k; €10k + €90k).
Eligible startups need to:
- Have a proof of concept, a prototype, a scientific validation of the claim, or are in the process of producing one.
- Be products based on a new technology or an innovative application of an existing technology.
- Have a team of two persons or more.
- Be project/startup is in early-stage (up to series A).
- Be economically viable within 15 years.
- Be a project has the potential to have a strong impact on the industry of the target, and on society or the environment in general.
Applications are open until September 13th, 2019. Interested startups can apply here.