IPA has grown to be recognised as Africa’s premier initiative that promotes and rewards ground-breaking innovations, has come a long way since its inaugural launch in 2012. This year, besides the US$150 000 grand prize, there is lots more to offer in terms of incentives, with a special focus on young people and women, fostering a spirit of innovation in Africa.
IPA aims to recognize game changing innovations by Africans that reflect social impact, marketability, scalability and business viability. The award was developed from the AIF’s belief that innovation-driven growth is fundamental to Africa’s growth and development.
In light of this, the award aims to recognise and celebrates innovators’ efforts who have embraced the many challenges to create high impact, world class innovations which address real challenges in Africa. We recognize innovators who are willing to change the status quo – to transform ideas into powerful impact – even willing to take risks to make that change happen under very difficult circumstances.
IPA presents a real opportunity for African innovators to unleash their potential. We invest in great ideas and the people who power them. With each edition of the IPA is the core idea to push the envelope of what African innovators can achieve with the ultimate goal of leapfrogging innovation that can transform Africa from the bottom-up.
“Every year, we challenge innovators from across the continent to enter the prize without holding back. We seek to inspire innovators to think bigger while at the same time providing solution to real challenges. The IPA honours and supports innovators that can make great things happen. Winners receive a package of recognitions that is aimed at assisting them to take their innovations to a whole new level both continentally and globally,” stated Masimba Biriwasha, AIF consultant, on the organisation’s website.
“In Africa, innovation isn’t hampered by a lack of ideas, but rather a lack of noticing good ideas already there. There is not an ideas problems in Africa; the problem is a lack of recognition of outstanding ideas. We believe that the innovation ecosystem can be developed and further strengthened in Africa through recognition of early stage ideas and innovations. After all, almost every innovation begins as a small-scale experiment and with some support if the idea fulfils a key need in the market, it can move from the fringe to the mainstream. Ideas thrive over time. The IPA seeks to infuse a drive for profitability and capacity to enable a more prosperous Africa.”
“If there is one thing that we have learned in the past five years of hosting the IPA, it’s that Africa is brimming with innovations. By understanding, reinforcing and rewarding African innovators, we believe we are playing a significant part in catalysing innovation across the continent. Here’s to engaging, inspirational and transformational IPA year!”