SAB Foundation announces finalists for 2nd Annual Innovation Awards
10 October 2012
Johannesburg. 10 October 2012. The South African Breweries (SAB) Foundation has announced the finalists of its 2nd annual Innovation Awards.
The Innovation Awards form part of the SAB Foundation's primary focus to ignite a culture of entrepreneurship in South Africa as a source of economic growth, job creation and innovation.
Investments are made into pro-poor product and service innovations, which can be commercialised and which address challenges by the SAB Foundation's identified beneficiary groups, namely women, the youth, people with disabilities and people living in rural areas. The innovations are recognised and supported through an open competition format.
The winners will be announced on Thursday, 1 November 2012 during a gala awards event hosted by SAB Foundation Chairman and SA businessman, Cyril Ramaphosa.
The 25 finalists are:
1. Ekasinet Internet Telephony Solution - low-cost internet telephony and cyber café concept aimed at underserviced communities.
2. Ecotyre - eco-friendly filtration system producing clean air and water made from recycled tyres.
3. Greenboards - inexpensive environmentally friendly chalkboards painted directly onto walls.
4. Bio-Intensive Mini-Farming - agricultural system based on natural, bio-intensive and organic methods.
5. African Angels Wellness Huts - mobile and fixed pampering and relaxation unit, called a Wellness Hut, operated by therapists from local communities and set up at game farms and guest lodges.
6. Malaria pf/PAN (pLDH) - innovative test kit that detects and distinguishes between malaria strains, as well as indicates within 30 minutes whether treatment is effective.
7. Isidima Sabantu Deliveries - a peri and rural bicycle delivery services to the elderly and others travelling long distances to collect chronic medication.
8. Ilima Cleaning and Recycling - collection of recyclable materials in township communities.
9. Muthi Futhi - produces a range of indigenous medicinal plant material.
10. 3 to the power of 9 - making Maths, Science and Accounting fun and accessible to rural communities.
11. iMobiMama - interactive mobile technology based health care service for women to help prevent fatalities during pregnancy and childbirth.
12. Paperight - website offering inexpensive printable educational books and documents.
13. Apple Green Outsourced Recycling - business providing opportunities to local recycling SMME's to service large customers profitably and a source of income generation for people in low-income areas.
14. MeMeZa Home Security - simple and affordable alarm system accessible to low-icome earners using community and sector police support.
15. Interactive Drive Education System (Ides) - driver training solution for learners and professional drivers.
16. Sanitary Pads from Banana fibres - manufacturing of inexpensive sanitary pads using banana fibres.
17. On the wheel computer literacy - internet access to local communities using a bus.
18. Tunnel Vision Farm - recycling of waste to fertilise vegetable crops.
19. Marula National Products Trust - provides a household income generation opportunity to 2000 rural women.
20. Pimp My Book Network - online distribution of educational textbooks by connecting students across the country.
21. The Handy Power Range - cellphone charger, computer charger, radio and table lamp which works without electricity and generates own power.
22. iYeza Express - medication delivery service operating in Khayelitsha, Cape Town.
23. The Fish Farm - use of aquaculture to generate income for low-income households. Consists of a micro-intensive fish farm built into a 12m shipping container.
24. Funda - Educational product that aggregates and distributes matric resources for teachers and high school students on cellphones and personal computers.
25. Eco-dynamic Toilet - designed to save water and enhance sanitation networks.
The Innovation Awards offers a first place grant of R1-million and two runner-up grants of R500 000 each. In addition, several seed grants are awarded to deserving innovations.
Grants include funding for the up scaling and commercialisation of the innovative solution, a process supported by the Foundation over a period of two years or longer, as needed. The size of the grants is designed to allow for substantive progress to be made by the winners.
Product innovations cover goods and services which can be divided into "new or improved". A new product may use advanced technology and knowledge or a combination of these. An improved product already exists and its performance has increased significantly.
Process innovations involve adapting and creatively improving ways of delivering a product or service which could come from changes in knowledge, perception and understanding.
An open competition puts innovator applicants and their innovation through a rigorous, phased adjudication process. In the end, investments are made in those innovations which are pioneering, scalable and can be commercialised. Innovated solutions entered are required to have progressed past an idea and be at proof-of-concept stage.
For further information, please contact:
Media Relations Manager
Tel: 011 881 8478
Email: Benedict.Maaga@za.sabmiller.com <mailto:firstname.lastname@example.org>
The SAB Foundation was founded in 2009 as a beneficiary of SAB's broad based black economic empowerment deal, SAB Zenzele and holds 8.4 million shares. Dividend income received from Zenzele is used for investments in initiatives which benefit the wider community.
The Foundation is overseen by a board of trustees which include respected South African businessmen and women. It is chaired by SA businessman, Cyril Ramaphosa, whose passion for young entrepreneurs is widely acknowledged.
The long-term vision underpinning the SAB Foundation's programmes is to ignite a culture of entrepreneurship in South Africa as a source of economic growth, job creation and innovation.
Research conduction into entrepreneurship highlighted three critical points:
- SA lacks a critical mass of SMEs,
- SA has only a few high-profile entrepreneurial role models; and
- The country's culture of innovation is largely untapped and un-commercialised.
To address these challenges, the SAB Foundation aims to contribute to the development of entrepreneurship by supporting the growth of a critical mass of SMEs; developing entrepreneurial role models; and stimulating and rewarding innovation.
Other than the Innovation Prize, the SAB Foundations aim to achieve its objective through the following investment initiatives:
Tholoana Fund - offers small-scale grassroots support for non-profits, co-operative, micro-business and other ventures investing in entrepreneurial development and provide income generation and employment. The focus of the fund is rural, women-owned and youth-owned enterprises.
Grant capital investment - offers support and financial assistance to high-impact, black-owned businesses in partnership with Endeavour, a non-profit organisation dedicated to transforming emerging markets by establishing high impact entrepreneurship as a leading force for sustainable economic development.
This is a SABMiller subsidiary news release, it was first published in its local market on [10/10/2012].