Barclays Africa Group has announced that it will be paying $10,000 for the winner in the Barclays Africa Supply Chain Challenge.
In this new pan-African challenge, the bank is inviting teams of innovators to submit ideas that will revolutionise the supply chain and add real value for millions of people.
The bank believes that the supply chain, the journey of a product from manufacture to consumer, is often disjointed and inefficient. It also believes there is a huge amount of interest in how we can increase this transparency of origin, not least with the use of blockchain technology.
So it is looking for world-beating ideas that will change the way the supply chain works – in Africa and across the globe.
Here is the criteria for the Challenge:
- Propose a solution that creates more transparency between sellers and buyers, producers and consumers, throughout the supply chain.
- Use blockchain, distributed ledger or any other technology.
- The challenge is open to individuals, teams and start-ups
- Entrants should be aged between 18–35 years
- Can be for any industry – textiles, mining, finance, food, water and more.
There will be five finalists. One member from each team will be invited to Cape Town on an all-expenses-paid trip to pitch their idea. They will receive professional pitch coaching and will present the idea to a panel of industry experts and Barclays executives.
Of the five finalists, one winning entry will be crowned ‘Barclays Africa Innovation Challenge Winner 2015’. The team will also receive $10 000 USD in prize money and a Barclays mentor for 6 months.
Click here to get more application information. Application closes on the 18th of September 2015
