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Med’Innovant Africa, the event that aims to identify innovative startups in Africa

Since July 1st, the second edition of the Med’Innovant Africa competition, initiated by Euroméditerranée, has been looking for the most innovative African startups that will make the cities of tomorrow more sustainable and resilient. Following the selections, the two future Med’Innovant Africa prize-winners will be granted access to the experimentation area set up by Euroméditerranée.

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There were 180 startup candidates in 2019 at the first edition of the event Med’Innovant Africa, looking to the future with their inspiring projects. The event then assigned the companies Sen Or’Dur (plastic waste management solution in Senegal) and Promagric (Clinicplant application for the diagnosis of crop diseases and their treatment). 

Given the success of the first edition, the Euroméditerranée Public Development Establishment will continue its policy of opening up to innovative nuggets from Africa in 2020 and thus reinforce its mission as a laboratory for experimentation.

If you want to find out more about the Med’Innovant Africa competition, download our companion app. Born2Invest’s team of journalists gathers the most interesting business news in a single mobile application. It’s impossible to keep up with everything you’re interested in, but our companion app will help you keep track of the important news. Our app is being updated throughout the day.

Which activities are concerned

For this year’s competition, the themes of energy, health, housing, mobility, the environment of course, or the world of connected objects or digital technology are targeted. These activities must contribute to social innovation, solidarity, urban management, cost control, and also focus on everything that contributes to the adaptable city, exchange and communication.

An opening towards Europe

The innovative strength of companies on the African continent is export-oriented. The European market, for example, is particularly in need of solutions for the reasoned development of territories, be it social or environmental. 

Following the selections, the two future Med’Innovant Africa prize-winners will be granted access to the experimentation area set up by Euroméditerranée. They will test their technological intelligence live and deploy it in the heart of the Aix-Marseille metropolis. However, they could also go beyond this perimeter depending on opportunities and meetings with investors and industrial partners within the Euroméditerranée fabric.

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The encouraging of innovative startups in Africa as a priority

Med’Innovant Africa is a unique opportunity for a reciprocal exchange where the conjunction of targeted innovation and investment allows the diffusion of technologies throughout Europe and Africa. 

The exponential development of African economies proves the urgency of the adoption of these solutions for growth control. More than an emerging market, Africa is keeping pace with global economies and needs its talents to be supported. Detecting these accelerators and encouraging them is all the more urgent.

How to apply for Med’Innovant Africa

The competition is open to high-growth startups and SMEs based in Africa – including those incubated in France – whose activity has a strong impact on the development of sustainable and resilient territories. Companies can find out about the selection criteria and submit their applications until August 31st, 2020 on the dedicated website.

Four to five finalists will be invited to defend their case live at the Emerging Valley international summit, which brings together African Tech leaders, on December 7th and 8th 2020 at the Palais du Pharo in Marseille. Two distinctions will be awarded, the “Jury Prize” and the “Coup de Coeur Prize”, along with financial assistance of up to $7,900 (€7,000).

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(Featured image by jarmoluk via Pixabay)

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First published in LePoint, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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Arturo Garcia started out as a political writer for a local newspaper in Peru, before covering big-league sports for national broadsheets. Eventually he began writing about innovative tech and business trends, which let him travel all over North and South America. Currently he is exploring the world of Bitcoin and cannabis, two hot commodities which he believes are poised to change history.