“The Youth IDEAthon”
Whereas the Youth4Business’ Innovation Challenge Fund (ICF) requires existing enterprises that already have 12 months of business operations/history, and to be registered under the laws of Uganda, and the Youth IDEAthon presents an “entry-level” opportunity that helps to unearth and nurture creative early-stage and start-up ideas that can eventually feed into the Y4BF pipeline and could become the next generation of transformative innovative and inclusive MSMEs.
The Ideathon seeks to attract socially committed Ugandan youth, with entrepreneurial aspirations as innovators and problem solvers in a hybrid interaction and collaborative process to develop and refine their ideas for products, services and solutions that ease the way of doing things during and post-COVID 19 Pandemic. This is open to ALL disciplines. It is a space for all passionate youth including creative designers, software developers, engineers, experts in agriculture, health among other fields to exchange ideas and work collaboratively to develop solutions. With mentorship, incubation support and hundreds of millions of seed investment to be won, the event is organized to Inspire, Skill, Build and Accelerate ideas from youth in Uganda.
The Facility is designed to spur impact-driven entrepreneurship and engage enterprises in tackling unemployment amongst youth (defined in this call as all persons aged 18 to 35 years inclusive) resident in Uganda by leveraging innovations in selected economy sectors to create jobs and livelihood opportunities; improve quality of people’s lives and provide access to affordable finance, products and services. The selected economy sectors for this call include:
- Renewable energy
- Urban Development/Smart Cities
- Information Technology (IT); and
- Creative Arts Industry
SO, WHAT’S YOUR IDEA!