Application Deadline: 12 March 2025
The Social Innovation Awards programme focuses on supporting businesses with a product or service that can improve the lives of women, youth, people living in rural areas and persons with disabilities.
Requirements
- SAB Foundation is looking for South African innovators, entrepreneurs, institutions and social enterprises with prototypes or early-stage businesses that are making a positive impact in communities.
- These products, services, business models and processes should directly address social challenges, while simultaneously creating a sustainable business model.
Prize:
- Prizes range from R300 000 to R1.3 million and are used as an investment in the innovation.
- In addition, the winners are assessed on a case-by-case basis and placed in a tailored programme with a suitable business mentor and coach.
- The programme is flexible and is adjusted to the needs of each winner, as mutually agreed upon by both the winner, their business coach and their mentor.
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