Japan-based Takeda Foundation has opened applications for the 2017 edition of Takeda Young Entrepreneurship Award, with the winner to cart away US$9,200 (¥1 million).
Started in 2001, the award is aimed at young entrepreneurs or entrepreneurial individuals across the world who challenge technological or social needs in the real world.
Nigeria’s Nnaemeka Ikegwuonu was among the winners of the 2016 edition – he won the special award. His solution, ColdHub, is a solar powered cold room to extend the shelf life of fruits and vegetables for African farmers.
This edition calls on entrepreneurs to submit an online application bearing the problems they’ve identified and their ideas/solutions to the problem, and a supporting report from anyone who has benefitted from their solution.
Six winners will emerge following the application and online presentation phase of the contest, which will hold between August and November 2017.
The “Best Entrepreneur” will receive a diploma, plaque and monetary prize of US$9,200 at the award ceremony next year. The other five winners will each receive a diploma, plaque and a monetary prize of US$1,840 (¥200,000).
The award is open to anyone, irregardless of gender, affiliation, and nationality, under 40 years of age as of April 1 this year. Registration and applications will close on 31 July 2017.
“The Takeda Foundation believes that the challenging activities of young individuals trying to address real technological and social needs will lead to the creation of goods and services that enhance the well-being of people throughout the world, which is the mission of the Foundation,” the Foundation stated in a post.