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The Luc Hoffmann Institute, the African Leadership University’s School of Wildlife Conservation, and the WWF Regional Office for Africa are launching a global innovation challenge. They aim to discover and incubate new revenue models that do not depend on tourism, but still enable local communities within African countries to obtain their livelihoods from wildlife, manage their natural resources sustainably, and improve their collective wellbeing. Participants have the chance to win a place in the African Leadership University’s incubation program and access to seed money.
The challenge is looking for innovative concepts, ideas, revenue, or financial models that can generate sustained benefits for rural communities from wildlife conservation, beyond tourism. They are not calling for investment-ready proposals, but for ideas with high potential that might be developed during our incubation program.
Innovators from around the world are welcome to apply, especially people from non-traditional backgrounds and those with strong ties to rural communities in Africa.
Up to 15 ideas will be selected. Successful applicants will win a place in the African Leadership University’s 8-month incubation program, culminating in a public pitch to top investors. The program commences in February 2021 and will run over eight months. It is a part-time, virtual program.
The African Leadership University Incubator Programme supports high-potential entrepreneurs with a drive to transform Africa through impactful and ethical ventures. The program provides access to life-long learning and a community of peers, mentors, and potential investors. At the end of the program, all participants would be expected to successfully launch a venture with the opportunity for potential investment. For this particular cohort, the program is focused on impactful ideas in the wildlife conservation sector, with entrepreneurs going through an 8-month experience that uses a unique model that can transform their ideas into a viable business. If you apply as a team and your team is successful, a maximum of three team members will be admitted to the program.
During the incubation program, participants may receive a grant of up to US$10,000 from the organizers as early seed money.
All eligible applications will be evaluated by a panel of experts from the partnering organizations based on the following criteria:
The Luc Hoffmann Institute aims to be the world’s leading catalyst for innovation and transformative change to maintain biodiversity, the foundation for all life on Earth. The institute creates the conditions for new approaches to emerge, identify and mobilize the most promising innovators and ideas, and provide a flow of impactful, de-risked, and exciting initiatives for investors.
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