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Supports digital innovations providing solutions to improve urban sustainability
Winner teams will receive access to the three month digital launcher program from Innovation Factory to refine their ideas and prototypes to the generation of a viable business plan to launch their digital innovation for sustainability.
The Innovation Factory offers support formats for the identification and scaling of innovative digital concepts that provide solutions to urgent social challenges in the field of sustainability.
The current Innovation Challenge is running in Indonesia, Ghana and Mexico. All our activities focus on human-centered design and design-thinking approaches, as well as the consideration of the digital principles for development. Simultaneously, the project will establish and strengthen global networks between (digital) innovators. At Innovation Factory, we promote this through the exchange and mutual learning of entrepreneurs from different partner countries.
According to the World Bank, 56% of the world’s population live in urban areas, and is expected to rise to 70% by 2050. The rise in high population density communities means increasing large demand for food, energy, clean water, and waste management posing a risk for causing large negative impact on the environment.
Technology and innovation have a transformational role in enabling positive outcomes for communities to continue to live in sustainable, low carbon, and healthy urban environments.
The Innovation Challenge for Indonesia seeks to support digital innovations that provide solutions to improve urban sustainability.
The Innovation Factory is looking for ambitious teams and start-ups with a strong entrepreneurial spirit, promising ideas and digital solutions that contribute to achieving the sustainable development goals set by the United Nations.
The Innovation Challenge is an opportunity for early-stage innovators who have digital innovations that address social and environmental challenges and are keen to develop a sustainable business model around their digital solutions.
In Indonesia we are particularly looking for early-stage innovators who develop digital innovations that provide solutions to improve urban sustainability. If your startup is a social/impact company and your service or product contributes significantly to the achievement of the United Nations’ sustainable development goals – you are welcome to apply for the Innovation Challenge!
We are looking for impact-oriented investors who are interested in building up an investment pipeline for impact and social start-ups in Indonesia, Mexico and Ghana. Interested investors can then be involved in the start-up’s support phase. In Indonesia, we are particularly looking for experts with a background in urban sustainability. You can either apply directly or spread it in your networks!
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IF_Innovation Challenge CfA
Email: info@innovation-factory.app Web: www.innovation-factory.info