GATE | Gauteng Accelerating Township Economy Innovation Competition

Go back

Complete all the sections. In case of challenges kindly send an email to gapgate@theinnovationhub.com

 

1 Eligibility

1.1. The competition is open to individuals, small teams and business entities operating from Gauteng townships [see list of townships]

1.2. Entrants are not required to be formally registered as a legal business entity to enter the competition, but semi-finalists must register in a form appropriate to an SMME or NPO to participate in         incubation.

1.3. Entries from established businesses must not have a turnover of R5 million or more in the last financial year.

1.4. Individuals and companies that have been awarded funding or a prize through The Innovation Hub are not eligible to enter.

1.5. Individuals and companies that that are currently being incubated with eKasiLabs, Maxum Business Incubator, BioPark, Climate Innovation Centre or mLab Southern Africa are eligible for entry.

1.6. The Innovation Hub staff, members of the competition project steering committee and adjudication panels, and their immediate families, may not enter the competition.

1.7. Entrants should be willing and able to join incubation at The Innovation Hub as described below.

2 Scope of Entries

2.1. Entries must have potential for broad social impact in Gauteng, through the creation of jobs, enhancing service delivery by government, or improving citizens’ lives.

2.2. Entries will be accepted for all technologies or sectors; however preference will be given to entries that speak to corridor development priorities.

2.3. Entries need to demonstrate innovation in the business model, underlying technology, or the application of the technology.

2.4. Entries may be at concept stage, prototype stage or have demonstrated commercial feasibility.

3 Submission

3.1. Entries must be submitted through the web form.

3.2. Entries must be submitted on or before the closing date of the competition, which is 23h59 on 02 June 2017.

4 Intellectual Property

4.1 Each entrant retains ownership of all intellectual property rights that were held by the entrant prior to submission. The Innovation Hub Management Company (TIHMC), Gauteng Growth and Development Agency (GGDA) and Gauteng Department of Economic Development (GDED) give all assurances that the applicant shall remain the sole owner of their idea and that no steps will be taken by TIHMC, GGDA or GDED to assert any claims to any ideas presented.

4.2 Each entrant retains ownership of all intellectual property rights that were held by the entrant prior to submission.

4.3. The Innovation Hub Management Company (TIHMC), Gauteng Growth and Development Agency (GGDA) and Gauteng Department of Economic Development (GDED) give all assurances that the applicant shall remain the sole owner of their idea and that no steps will be taken by TIHMC, GGDA or GDED to assert any claims to any ideas presented.

4.4. Each entrant is responsible for ensuring that their entry does not infringe on third-party intellectual property rights.

4.5. TIHMC, GGDA and GDED and the competition partners are committed to ensuring the confidentiality of your ideas and will not share your information with third parties.

4.6. All adjudication panel members sign non-disclosure agreements (NDA) preventing them from using or sharing any information related to your entry.

4.7. As a potential entrant to the competition you should be aware of the provisions of the Intellectual Property Rights from Publicly Financed Research and Development Act, 2008 (IPR Act).

5 Awarding of Prizes

5.1. Finalists will be awarded incubation with The Innovation Hub as well as a kickstart seed funding amount once the incubation contract has been signed.

5.2. All finalists will be eligible for the final awards presented in November which include a cash award and additional seed funding.

5.3. Winners will only be awarded funding once an incubation agreement has been signed with the relevant incubation programme.

5.4. You will receive the funding in tranches based on progress made towards the commercialisation of your innovation and business development. To access the seed funding you will need to participate actively in the incubation process.

5.5. Participation in incubation and acceptance of seed funding will not lead to any claims to your intellectual property, neither will it involve the incubator taking any equity in your business.

5.6. Winners will be expected to attend mentor and feedback meetings at eKasiLab premises, The Innovation Hub or at an alternative place as arranged with the mentor.

5.7. The incubation agreement may require that you participate in certain incubation activities such as engaging with a business mentor and joining relevant courses.

5.8. Entry into incubation and the award of a prize does not imply that your solution will be procured by any of the stakeholders in the competition.

Situations not covered by these rules will be resolved by the organisers of the competition, and their decision will be final. The competition organisers reserve the right to amend these rules without notice, to clarify the competition requirements or to cater for an unforeseen situation. The Innovation Hub Management Company (TIHMC) reserves the right to terminate the application of any candidate in the event that they put TIHMC into disrepute while in the competition process.

6 General

6.1. Situations not covered by these rules will be resolved by the organisers of the competition, and their decision will be final.

6.2. The competition organisers reserve the right to amend these rules without notice, to clarify the competition requirements or to cater for an unforeseen situation.

6.3. The Innovation Hub Management Company (TIHMC) reserves the right to terminate the application of any candidate in the event that they put TIHMC into disrepute while in the competition process.

Complete all the sections. In case of challenges kindly send an email to gapgate@theinnovationhub.com

Details of Applicant (Main member of team)

You have submitted the following Applications. Click on the application to continue/edit Or Start New Application

Contact Details of Applicant

Previous

Other

Previous

If a team is applying, attach certified copies of Identity Documents for the names and details of the team members provided below(If non-South African kindly provide passport number and Nationality)

Previous

Details of the Application

Previous

Sectors (Select one):

Previous