To achieve its ambition of innovative healthcare solutions and access to effective treatments in Africa, IASPharma2021 is open to innovations to drive medical research and development, leveraging potential groundbreaking solutions.
In furtherance of advancing the development of innovative solutions, IAS is hosting an innovation challenge pitch session for the period leading to the FINALE at IASPharma2021. Innovators are to submit ideas for innovative technologies, products and solutions that have the potential to create positive impact for African communities for up to NGN 10,000,000.00 or more in grant funding.
Innovation Categories Scope
Biotech
Funding is a big impediment to the Biotech industry and our aim is to enable meaningful biotech development. We are seeking innovations that directly contributes to the increasing demand for healthcare devices that are conducive to low resource environment
IT/Digital Health
We are on the lookout for digital and tech enabled tools that can connect people to treatment, support and care and improve health outcomes at the grassroots level of primary healthcare.
Manufacturing/Supply Chain & Logistics
The increasing gap in Africa’s overall healthcare manufacturing explains lack of access to essential devices & products. We seek innovations that can support the local manufacturing and supply chain industries with effective in-country distribution systems that promote access to sustainable systems and equipment
Our Motivation
- To be an enabler and champion of complex clinical research and healthcare solutions.
- Provide financial support for compelling ideas among intellectual innovators.
- Create, train and mentor a pool of experienced and committed leaders who will provide strategic expertise and perspective for the health care sector.
Benefits To Winners
- The best innovations will get access to Xcene Research’s network and value chain, allowing them to further develop and grow their value proposition.
- Product development, distribution, and business modeling will be supported for winning ideas.
- Up to NGN 10,000,000.00 in seed funding and capital injection to scale up existing business operations.
- Mentorship and support from Xcene research as well as industry leaders in chosen business industry.
- Opportunity to pitch business case/products/services to prospective investors during IAS 2021 Investor forum.
- Recognition and exposure during the IAS 2021 event
- The winners will also have access to Xcene Research’s customer base and employee expertise to further bolster their operations
Selection Criteria
- Early-stage businesses registered in Nigeria and Sub-Saharan Africa with the potential to positively disrupt the healthcare sector.
- For unregistered businesses, candidates must prove ownership and ingenuity of business idea.
- Businesses may operate in but not limited to the Financial Technology, E-Commerce, Health, Education, Manufacturing and Agricultural sectors.
- Entries must demonstrate the potential for scale from proof of concept to long-term sustainability.
- Implementation should be able to cater to the underfunded population
Idea should have a strategy for full commercialization
Registration
To register as a participant, simply fill the form below and ensure you attach your Slide Deck/Business Case/Company Profile.
Innovation Challenge Pitch Takes Place
Venue: Radisson Blu HotelDate: 13th November 2021Time: 8am –7:30pm WAT
Please note that participation is strictly by invitation and the top 30 applicants will be shortlisted for the event.
