Deadline for applications: May 26, 2023. | BRICS Young Innovators Prize Competition 2023 for young academics and entrepreneurs. (Prize of USD 50,000)
The BRICS Young Innovator Prize is an honor given to young, brilliant businesspeople and academics whose remarkable ideas (inventions, goods, apps, and services) will have a significant impact on the socioeconomic, environmental, and quality of life conditions in BRICS communities. Young scientists and entrepreneurs from the BRICS countries can share their best practices for innovation and entrepreneurship through the BRICS Young Innovator Prize.
| Title: | BRICS Young Innovators Prize Competition 2023 for young academics and entrepreneurs. |
| Nationality: | |
| Amount: | Amount of Grant: $50,000 USD |
| Deadline: | May 21, 2023 |
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| WhatsApp Link: | Click Here |
| Telegram Link: | Click Here |
During South Africa’s BRICS Chairship in 2018, this program was launched. The BRICS Young Innovator Prize has successfully been held in five iterations, and it has grown into a significant platform for BRICS youngsters to showcase their creative skills and deepen interactions and cooperation. Young people from the BRICS countries will compete for the opportunity to win the Young Innovator Prize.
The 7th BRICS Young Scientist Forum, which will take place in South Africa from July 31 through August 3, 2023, will include the 6th BRICS Young Innovator Prize.
As has become customary during previous BRICS Chairships, South Africa will host a variety of BRICS events in person both before and after the Summit. The 6th BRICS Young Innovator Prize is one of these events.
REQUIREMENTS MINIMUM & ELIGIBILITY
- The following 5 topic areas will be the primary focus of the innovations:
- modernizing mining, agriculture, and manufacturing, as well as the digital and circular economies;
- The innovations must come from institutions of higher learning, research centers, or legally registered businesses from BRICS members;
- The proposal needs to be inventive and build upon advances in science and technology;
- The innovation should be in the midst of certification, limited product testing, discontinuous production, or market-ready preparation;
- The invention must belong to the members of the project team and must not violate any other party’s intellectual property rights, including patents, standards, or theses;
- Each candidate may only opt to compete in one project field for the awards, and they must be under 40 years old and citizens of a BRICS nation.
Awards and Evaluation
First round of assessment
The applications submitted after the deadline of May 26, 2023, will be reviewed in writing for the first round of examination. Applications for the in-person competition, which will take place in South Africa from August 31 through August 3, 2023, will be recommended by each member state.
Final assessment
Projects must pitch in this round, and each presentation is timed to a maximum of 10 minutes. All of the final projects will be scored by the jury, and those scores will then be used to rank the projects. The top 10 concepts with the highest scores will receive awards, while the remaining projects will compete for the BRICS Young Innovator Prize on the basis of merit.
- Prizes For First Place: $25,000.00
- Runner-Up Prize: $15,000.00
- The third-place prize is $10,000.
Application Methodology:
By Friday, May 26, 2023, at 16 h00 CAT, all applications must be sent via email to brics@tia.org.za together with all required supporting documentation.
For Additional Information
Visit the BRICS Young Innovators Prize Competition 2023 website.
| Title: | BRICS Young Innovators Prize Competition 2023 for young academics and entrepreneurs. |
| Nationality: |  |
| Amount: | Amount of Grant: $50,000 USD |
| Deadline: | May 21, 2023 |
|  |  |
| WhatsApp Link: | Click Here |
| Telegram Link: | Click Here |
