The Regional Universities Forum for Capacity
Building in Agriculture (RUFORUM) will resuscitate and sustain youth
entrepreneurship in Africa through training, skill development and financing to
generate sustainable livelihoods and national economic development. RUFORUM
believes in youth entrepreneurship as the game changer in ensuring greater
youth participation and integration into the economic growth at national and
regional levels and for youth employment. As a result, RUFORM invites young
African entrepreneurs (less than 40 years) to participate in the competition to
show case their enterprises, innovations and business concepts.
African entrepreneurs and incubates will compete for
10 conference awards to show case their innovations, enterprises and business
concepts and propositions. The focus is for the young entrepreneurs to share
their story at an International stage with close to 700 participants drawn from
academia, business and industry, development organisations, practitioners and philanthropists. It is hoped that through this competition,
young entrepreneurs’ business concepts, impact, innovation and business
opportunities can be expanded. While the focus of this competition is on
innovation in agribusiness, other
innovations, incubations, business enterprises and business concepts along
ICTs, health, engineering, natural resources, meteorology, urbanization, green economy, and transport
and communication, among other areas, will be considered.
The ten (10) competitively selected business
enterprises will receive all expenses paid trip (air ticket, conference
registration, and hotel costs) for participation at the RUFORUM Biennial
Conference (17th -21st October, 2016) in Cape Town, South Africa. The selected
young innovators will also receive a competition cash price award.
Eligibility
Applications are invited from enterprises and
individuals that meet the following eligibility criteria.
- Persons with an established business enterprise
and/or those with innovations that can potentially be commercialized and/or
those with business concepts
- The business enterprise/potential enterprise should
have a defined business model that show case the innovativeness of the proposed
enterprise/business/innovation.
- Submissions should be in English or French using the
template provided.
Deadline for submissions is 30th July, 2016. Results
will be announced by 30th August, 2016.
Application
submission process
All applications should be sent to
biennial@ruforum.org with copy to Dr. Egeru Anthony (a.egeru@ruforum.org) and
Dr. Uwituze Solange (s.uwituze@ruforum.org).
About RUFORUM
RUFORUM is a
Network of 55 Universities in 22 African countries. RUFORUM was formed by
African Vice Chancellors with the vision for a vibrant agricultural sector
linked to African universities that can produce high-performing graduates and
high-quality research, responsive to the demands of Africa’s farmers for
innovations, and able to generate sustainable livelihoods and national economic
development.
Submission Format
Note: Your
submission should not exceed four pages of concisely written work.
Contact Information
Company Name
Street
Address
City,
ST ZIP
Telephone
url/website
Contact
email
Management Team
List the
names and titles of the management team if any
Industry
List the
applicable industries (e.g., telecom, life sciences, system software, etc.)
Company Resources
Include
resources such as facilities, # of employees, special licenses or major
existing customers if any
Total Capital Invested/needed
Indicate
amount of capital invested/that is needed.
Include associate investor/potential investor if any
Year Founded
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Business Overview
Describe your
business opportunity/innovation/business concept. This should include your potential
and/or existing product/service, vision, mission, and business model.
Management Team
Indicate
why you and/or your team can capitalize on the opportunity discussed in the
business description-one paragraph
Enterprise Innovativeness
Describe what makes your business enterprise and/or
concept innovative and distinguishes it from your other competitors
Company Background/Genesis
Describe how
you discovered the business opportunity and/or potential innovation-one paragraph
Technology/Proprietary Rights
Describe
the factors that provide your enterprise with significant competitive edge to
overcome barriers.
Sales, Marketing, and Customers
Describe
characteristics of your market. Who
are your potential/top customers (current and/or projected - be very
specific)? What is your value
proposition (suggested scheme or plan of action) to these potential or others?
Competitive Landscape
Who are
your primary/potential competitors and what is/will be your key competitive
position/advantage?
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