{"id":11963,"date":"2021-05-01T20:55:15","date_gmt":"2021-05-01T20:55:15","guid":{"rendered":"http:\/\/kasibiz.co.za\/?p=11963"},"modified":"2021-05-10T21:24:00","modified_gmt":"2021-05-10T21:24:00","slug":"motsepe-foundation-innovation-programme","status":"publish","type":"post","link":"https:\/\/kasibiz.co.za\/?p=11963","title":{"rendered":"MOTSEPE FOUNDATION INNOVATION PROGRAMME"},"content":{"rendered":"\n<p><a rel=\"noreferrer noopener\" href=\"http:\/\/motsepefoundation.org\/news-page\/\" target=\"_blank\">The Patrice Motsepe Foundation<\/a>&nbsp;has partnered with US-based&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/milkeninstitute.org\/\" target=\"_blank\">Milken Institute<\/a>&nbsp;to launch a multimillion-rand Milken-Motsepe innovation prize programme, calling upon entrepreneurs to find technological solutions that enhance the agriculture, energy,&nbsp;education&nbsp;and health sectors.<\/p>\n\n\n\n<p>Registration is now open for the first of these free-to-enter prizes. Agritech solutions stand to benefit the most, with prize money of $2 million (R28.4 million) as the Milken-Motsepe programme seeks innovative solutions to increase economic value to farmers, from seed to sale.<\/p>\n\n\n\n<p>Teams have until 8 December to&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/milkenmotsepeprize.org\/milken-institute-and-motsepe-foundation-launch-technology-prize-program-to-propel-innovation-and-entrepreneurship-in-africa\/\" target=\"_blank\">register and submit<\/a>&nbsp;designs and business models. An independent panel of expert judges will select up to 25 teams to each receive $10 000 to develop small-scale prototypes over the ensuing six months. In the final round, teams will demonstrate their entries in field tests which will be evaluated by their ability to:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Increase net economic value to the farmer<\/li><li>Increase productivity at harvest and\/or decrease post-harvest loss<\/li><li>Reduce costs for farmers<\/li><li>Provide a viable and sustainable business model<\/li><li>Be implemented by small and medium-sized farms<\/li><li>Develop or integrate innovative technologies<\/li><\/ul>\n\n\n\n<p>The judges will award a $1 million Grand Prize, with additional prize money distributed among Second and Third Place winners.<\/p>\n\n\n\n<p>Emphasis will be placed on technological solutions that accelerate progress towards&nbsp;implementing&nbsp;the United Nations Sustainable Development Goals (SDGs), with a spotlight on the African continent.<\/p>\n\n\n\n<p>For Dr Patrice Motsepe, founder and chairman of the Motsepe Foundation, the programme is meant to encourage entrepreneurs to solve societal problems.<\/p>\n\n\n\n<p>\u201cFourth industrial revolution technologies have the power to solve complicated socio-economic and human problems. In the hands of entrepreneurs, these technologies can turn Africa into a global economic powerhouse and transform the world.\u201d<\/p>\n\n\n\n<p>To register for the prize, or to learn more, visit&nbsp;<a href=\"http:\/\/milkenmotsepeprize.org\/\">www.milkenmotsepeprize.org<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Patrice Motsepe Foundation&nbsp;has partnered with US-based&nbsp;Milken Institute&nbsp;to launch a multimillion-rand Milken-Motsepe innovation prize programme, calling upon entrepreneurs to find&#8230;<\/p>\n","protected":false},"author":1,"featured_media":11964,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[884,882,883],"class_list":["post-11963","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-development","tag-dr-precious-moloi-motsepe","tag-milken-institute","tag-motsepe-foundation"],"_links":{"self":[{"href":"https:\/\/kasibiz.co.za\/index.php?rest_route=\/wp\/v2\/posts\/11963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kasibiz.co.za\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kasibiz.co.za\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kasibiz.co.za\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kasibiz.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11963"}],"version-history":[{"count":2,"href":"https:\/\/kasibiz.co.za\/index.php?rest_route=\/wp\/v2\/posts\/11963\/revisions"}],"predecessor-version":[{"id":11966,"href":"https:\/\/kasibiz.co.za\/index.php?rest_route=\/wp\/v2\/posts\/11963\/revisions\/11966"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kasibiz.co.za\/index.php?rest_route=\/wp\/v2\/media\/11964"}],"wp:attachment":[{"href":"https:\/\/kasibiz.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kasibiz.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kasibiz.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}