The Milken-Motsepe Innovation Prize program is a series of multi-year, multimillion-dollar prize competitions for technological solutions that accelerate progress towards the UN Sustainable Development Goals (SDGs), with a spotlight on Africa.
The inaugural Milken-Motsepe Prize focuses on accelerating progress towards Sustainable Development Goals (SDGs) 1 and 2: no poverty and zero hunger. The Milken-Motsepe Prize in AgriTech is a global competition for innovative solutions to increase economic value to farmers, from seed to sale.
Registration is free and open to anyone, with a $1 million grand prize available for the winning team, and $1 million in additional prizes.
Competition Rounds
- DESIGN ROUND
Teams submit their design and business model. An independent panel of expert judges will select up to 25 teams to receive $10,000 each and advance in the competition. - FINALIST ROUND
Teams develop their prototypes and conduct field tests on small and medium-sized farms in Africa.
Awards
Winning teams will increase net economic value to small and medium-sized farms by:
- Developing innovative technology solutions for any stage of the food system, from seed to sale
- Designing a viable business model
- Increasing farm productivity and/or decreasing post-harvest loss
The winning team will receive a $1 million grand prize, with $1 million in additional prizes.
Prize Benefits
Many entrepreneurs lack the information and tools they need to bring their invention to life. In addition to the chance to win cash prizes, the Milken-Motsepe Innovation Prize program provides a rich set of opportunities for entrepreneurs.
Certificate Program
Teams will receive a 12-week experiential learning program powered by the Stanford Center for Professional Development Idea to Market curriculum. Upon completion of the program, teams will receive a Certificate of Completion:
- STANFORD CENTER FOR PROFESSIONAL DEVELOPMENT CERTIFICATE OF COMPLETION
- MENTORING FROM INDUSTRY EXPERTS
- PITCH & FEEDBACK SESSIONS
Online Community
Simply complete the free prize registration process and you will join an online community of other entrepreneurs. The prize portal will give you access to:
- TEAM MATCHMAKING
- RESOURCES FOR ENTREPRENEURS
- ONLINE TRAINING & HELP DESK
Alumni Network
Winning teams will join the Milken-Motsepe Innovation Prize program alumni network following prize completion, with access to:
- INVESTORS
- DATA ANALYSIS
- NETWORKING OPPORTUNITIES
Application Deadline: December 2021
