Listen, or read up, startups and/or entrepreneurs, because this might be the big break you’re looking for!
Barclays is inviting applications from young innovative startup entrepreneurs all over Africa to participate in their Barclays Africa Supply Chain Challenge, which is ‘focused on creating supply chain transparency because they realise that the journey of products from manufacture to consumer, is often disjointed and inefficient, and are thus looking for world-beating ideas that will change the way the supply chain works – in Africa and across the globe’.
The challenge criteria, according to Barclays, is:
- Propose a solution that creates more transparency between sellers and buyers, producers and consumers, throughout the supply chain.
- Use blockchain, distributed ledger or any other technology.
- The challenge is open to individuals, teams and start-ups based in Africa
- Entrants should be aged between 18–35 years
- Can be for any industry – textiles, mining, finance, food, water and more.
Upon selection of the 5 best innovations, the startups that win will then be flown to Cape Town (yup, all expenses paid!) to make a pitch to top Barclays executives and other industry experts for their ideas. If one of them wins, they get a $10,000 cash prize as well as a mentor from Barclays for a period of 6 months. Awesome, right?
We hope a technological innovation from Zambia joins the challenge and wins. Are you that innovator that has what it takes? Sign up for the Barclays Africa Supply Chain Challenge 2015 here. Your entry must have the following:
- Description of the idea/business
- Team overview
- Target customer or market
- Revenue model/financials
- Short video
The deadline for applications is the 18th of September, 2015. Winners will be announced on 12th October, 2015 and final pitches will be made and an overall winner chosen in Cape Town on the 3rd of November, 2015.