This year, VivaTech is excited to host the fourth edition of the AfricaTech Awards, a platform that celebrates and supports startups making a positive impact in key areas such as GreenTech, HealthTech, and E-commerce / FinTech. These startups play a crucial role in addressing global challenges and promoting sustainable development.
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Despite the growing interest from investors, startups in Africa often face challenges in securing the necessary funding to grow their businesses. The AfricaTech Awards by VivaTech aims to provide a platform for emerging startups in Africa to connect with industry leaders, investors, and policymakers. This program offers valuable networking opportunities and mentorship to empower African innovators who are shaping the future.
The challenges presented in the AfricaTech Awards include addressing issues such as foreign exchange services, reducing environmental impact through GreenTech solutions, promoting economic development through E-commerce & FinTech, and expanding access to healthcare with HealthTech innovations.
Participating in the AfricaTech Awards offers startups the chance to showcase their projects on stage, network with corporate partners and VC funds, and receive mentoring from industry experts. The benefits include visibility on the VivaTech website, inclusion in the communication plan, and the opportunity to pitch solutions during the grand Award ceremony.
Challenges
- GreenTech Challenge: Solutions aimed at reducing environmental impact, reducing CO2 emissions, protecting the environment and biodiversity or promoting the sustainable use of natural resources.
- E-commerce & FinTech Challenge: Solutions that can contribute to economic development of African countries in the areas of e-commerce, and finance.
- HeathTech Challenge: Solutions that can expand access to healthcare among underserved communities, reduce the cost of services, and boost innovation in the healthcare sector.
Benefits
- Take Part in Vivatech 2025
- Invitation to the event (flight, booth and passes)
- Pitch your project on stage on the AfricaTech Lab
- Reward for the grand winner: pitch your solution during the grand Award ceremony on VivaTech main stage
- Meet Key Players to Scale Your Business
- Network with top corporate partners
- Pitch your startup to top VC funds
- Challenge your ideas with top other startups
- Mentoring from jury members
- Benefit From Maximum Visibility
- Be showcased in an article on VivaTech website
- Be included in the VivaTech communication plan
Eligibility
- Operating in Africa: Startups with headquarters in Africa;
- Having a solution or product addressing the African market;
- Have raised more than 150K USD;
- Must address one of the following themes: GreenTech, E-commerce, FinTech or Health Tech.
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Selection Criteria
- Innovation: Relevance and innovation level of the tech solution compared to existing alternatives (size, problem solved, technology used, protection of the innovation, etc.)
- Impact: Innovative product/solution addressing an important global challenge with a high social, economic, environmental, and gender impact.
- Scalability: Market sizing and scalability potential of the startup, track record of scaling (target addressable market, geographic ambition on the continent, clients targeted, etc.)
- Team Profile: Quality and size of the team (expertise, entrepreneurship background, academic background, number of employees, etc.)
- Business Model: Proven ability to monetize the business model and achieve sustainable operations with demonstrated traction and product-market fit (maturity of the startup, commercial traction, number of clients, annual global turnover growth, etc.).
Application Closing Date:2nd March, 2025