The three winning projects of the first Sustech4Africa event in Kigali: CropTech, NETOT Lab and BAG Innovation (photo Saleh Salex).
The start-up BAG Innovation has been the winner of the first 'Sustainable Technology for Africa' event in the Rwandan capital Kigali. Eleven projects and entrepreneurs participated in this second international edition of Entrepreneurs for Entrepreneurs.
BAG Innovation is therefore the main laureate. It has developed a digital platform that makes the link between students and companies. It currently has 6,000 student members and 115 SMEs. In two years' time, it will target 200,000 students and around a thousand companies. "BAG Innovation has a lot of potential and offers a clear solution for unemployment," says OVO board member Jan Flamend, who was chairman of the jury. The jury judged on the criteria of sustainability, innovation, ecological impact, employment, business & marketing potential and the quality of the pitch.
Second prize winner was NETOT LAB, which has devised a smart gas meter project in which families can check when their gas receptacle is almost empty. It uses the Internet of Things (IoT). And the third winner is CROP Tech, which has developed a solar-powered drying system for corn farmers. OVO will continue to work with these three companies over the next six months. They can receive a social loan of up to 50,000 euros.
"It was a successful edition. All project owners have done their utmost. It is therefore quite possible that we will also include more starters from this event in our investment plan," says Jan Flamend. SusTech4Africa was organised for the second time in Africa in collaboration with VITO, Thomas More and Chancen International. In April next year, Sustainable Technology for Africa will take place for the first time in the Senegalese capital Dakar.