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INDIAFRICA Business Venture Contest 2014
Are you under 35 years of age and have a business or social venture idea that can create value and provide an impetus to the industrial or social sector in India and Africa? Participate in this contest to win attractive cash prizes and a chance get recognized at an international platform. Participating teams may have up to four members.
Register to get
Contest Guidelines

Theme
Entrepreneurial Solutions to Address Developmental Challenges

Prize

  • INDIAFRICA Cash Prizes of Rs. 50000* each for the Top 20 teams (10 each from Africa and India)
  • Trip to Accra for the Finals for one member each from the Top 8 teams (4 each from Africa and India)
  • Trip to Davos during the World Economic Forum Annual Meeting 2015 for one member each from the African and Indian teams winning Top Honours at the Finals in Accra, Ghana
  • Two WOXSEN INDIAFRICA Prizes of Rs. 750,000 each for the First ranked teams from Africa and India from the Finals at Accra, Ghana
  • Chance to win The Indian Angel Network INDIAFRICA Prize for one African or Indian team from among the Top 8 – Incubation, Mentoring and Equity Investment in the selected venture
  • Chance to win The GSF India INDIAFRICA Prize for one African or Indian technology venture from among the Top 8 – for an Investment Committee (IC) review for its Accelerator Programme. If selected by the IC, the venture will receive equity investment and be part of a 10 week accelerator/mentor programme
  • Selection for final round of interviews for the unique GSF Global and GSF Impact Accelerator Programmes for deserving African and Indian technology ventures
  • The Villgro INDIAFRICA Prize for one or more Indian social impact ventures from among the Top 8 – for their Entrepreneur-in-Residence, Social Entrepreneur and Enterprise Development or incubation programmes. The winner(s) will receive intense support in establishing a viable social enterprise, benefitting from business mentorship and networking
  • The africa.com INDIAFRICA Prizes for the top ranked Indian and African teams - US$ 1000 worth of website creation and web management services for one year
  • 3-year subscription (worth US$2500) to the Oxford Business Group Online Library upon registration.
  • The Said Business School INDIAFRICA Prizes - Delegate Badge for one African and one Indian venture to attend the Skoll World Forum 2015 at Oxford, United Kingdom

Timeline
Start date: 23 January 2014
End date: 15 April 2014

 
* Subject to Govt of India Tax Rules which currently stipulate a Tax Deduction at Source (TDS) @ 30.9% of prize money. Disbursal of prize money may take up to 12 weeks after announcement.
 

Institutional Partners

Woxsen School of Business, Hyderabad
Woxsen School of Business aims to become an internationally accredited business school, based in Hyderabad but with a global identity, to be recognized as a world-class, highly sought-after, professionally managed business school, with experienced faculty of high caliber and global repute, outstanding students, and powerful corporate connections. Woxsen will pursue and achieve academic certifications such as AACSB, as well as organisational qualifications such as ITIL for best practices in IT and Infrastructure Management.
www.woxsen.edu.in

Indian School of Business
Hyderabad, India

ISB is one of India’s leading business schools with campuses in Hyderabad and Mohali. It offers an MBA-equivalent Post Graduate Programme (PGP), an executive MBA-equivalent Post-Graduate Programme in Management for Senior Executives (PGPMAX) and a doctoral-equivalent Fellow Programme in Management (FPM) as well as short-duration and part-time executive education programs for middle and senior management. The school's Post Graduate Programme has been ranked amongst the top 20 programmes in the world in the 2012 Financial Times Global MBA Rankings.
www.isb.edu

Ghana Institute of Management and Public Administration, Ghana
GIMPA was established in 1961 as a joint Ghana Government and United Nations Special Fund Project. Originally christened the Institute of Public Administration, established to train public servants with administrative and professional competence to plan and administer national, regional and local services, it was later changed to Ghana Institute of Management and Public Administration. Today, GIMPA has been transformed from a small, public service institution to a comprehensive tertiary institution offering programmes in leadership, management, public and business administration and technology for both the public and private sectors, NGO's, civil societies and many more.
www.gimpa.edu.gh

Saïd Business School
University of Oxford
United Kingdom

Saïd Business School blends the best of new and old. A young, vibrant, and innovative business school that is embedded in an 800 year old world-class university. It's a place where they study how successful businesses appreciate the rules of the game - written and unwritten, but then they study how they can create new games altogether - through entrepreneurship, innovation, and huge infrastructure programmes. As a part of Oxford, they don't just talk about how business interacts with the broader world, but they experience it as they engage with Oxford colleagues from many other backgrounds and with the broader business community.
www.sbs.ox.ac.uk

 

Enterprise Partners

Indian Angel Network
Established in 2006, the Indian Angel Network is a unique concept. It brings together highly successful entrepreneurs and CEOs from India and around the world who are interested in investing in startups or early stage ventures that have the potential of creating disproportionate value. The Network, in addition to money, provides constant access to high quality mentoring, vast networks and inputs on strategy as well as execution.
www.indianangelnetwork.com

GSF India
The key objective of GSF is to spur innovation and entrepreneurship through angel and seed investing. Their larger mission is to encourage flow of informed, knowledgeable mentorship capital to the start-ups in India and beyond.
www.gsfindia.com

Villgro India
Villgro is one of India's oldest and foremost social enterprise incubators, supporting innovators and social entrepreneurs during their early stages of growth. Since 2001, Villgro has worked with a mission to "make impactful innovators succeed". In that time, Villgro has incubated 94 such enterprises which have gone on to generate around 4000 jobs, secured Rs 200 million in follow-on funding, and touched over 5 million rural lives.
www.villgro.org

 

Media Partners

Africa.com
Africa.com is the fastest growing Africa-focused website delivering business, finance, travel, tech, arts and lifestyle news on all 54 countries with more than 3 million visitors per month from over 200 countries. With domain name and website services, Africa.com is helping to grow African businesses online in the rapidly emerging continent of over 1 billion citizens. With offices in South Africa, Nigeria, Dubai, and the US, Africa.com is dedicated to changing the way the world views Africa. www.africa.com

YourStory
Since their inception, YourStory has profiled stories of over 15,000 entrepreneurs and has over 1.5 million niche readers. YourStory is driven by a vision to create a hub for thousands of entrepreneurs globally, by providing them with critical value-additions like visibility, business networking, corporate partnerships, growth opportunities, investor connections and valuable resources. Their community of followers on social networks and newsletter subscribers is the largest in India in this segment. They are agnostic to sector and scale, covering entrepreneurs, startups and business ideas from web, mobile, cloud, e-commerce, enterprise to social, green and creative domains among others.

They work closely with a network of partners ranging across Corporate, Venture Capital and Government bodies, including the likes of Intel, Google, Amazon, IBM, Microsoft, Nokia, Dell, Qualcomm, Cisco, Intuit, Sequoia Capital, Accel Partners, Kalaari Capital, Nexus Venture Partners (among other leading funds), British Council and UK Trade & Investment (UKTI).

www.yourstory.com

 

Knowledge Partners

Accenture
Accenture is a global management consulting, technology services and outsourcing company, with approximately 281,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world's most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments.
www.accenture.com

Oxford Business Group
Oxford Business Group (OBG) is a global publishing, research and consultancy firm, which publishes economic intelligence on the markets of Latin America, the Middle East, Asia, and Africa.

OBG offers comprehensive analysis of macroeconomic and sectoral developments, including banking, capital markets, energy, infrastructure, industry and insurance.

OBG’s acclaimed economic and business reports are the leading source of local and regional intelligence, while OBG’s online economic briefings provide up-to-date in-depth analysis. OBG’s consultancy arm offers tailor-made market intelligence and advice to firms operating in these markets and those looking to enter them. 
www.oxfordbusinessgroup.com

 

Youth Outreach Partner

iHub
Nairobi's Innovation Hub for the technology community is an open space for the technologists, investors, tech companies and hackers in the area. The space is a tech community facility with a focus on young entrepreneurs, web and mobile phone programmers, designers and researchers.

It is part open community workspace (co-working), part vector for investors and VCs and part incubator. They also have a number of initiatives designed to build an ecosystem around the Kenyan tech entrepreneur: iHub Research, iHub Consulting, iHub Supercomputing Cluster, and the iHub User Experience (UX) Lab. It is a paradigm shift towards the areas where technology approaches a barrier, and new technologies emerge to cross it. This is achieved through the idea of Open Innovation, which is the process of combining internal and external ideas as well as internal and external paths to market to advance the development of new technologies. 

www.ihub.co.ke

 
 
 
 
 
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