DEADLINE EXTENDED TO AUGUST 26, 2020!
Title: Inviting Startups for the NINJA Business Plan Competition in response to COVID-19
Japan International Cooperation Agency (JICA) Ethiopia Office, Federal Small and Medium Manufacturing Industrial Promotion Authority (FeSMMIPA) and Federal Urban Job Creation and Food Security Agency (FUJCFSA) have announced the launch of the NINJA Business Plan Competition for businesses emerging during the COVID-19 outbreak. NINJA is short for Next Innovation with Japan; the project was launched this year.
The NINJA Business Plan Competition will target startups and organizations from 19 African countries. The application is open for startups/organizations in all sectors with a specific focus on emerging businesses in COVID-19-related fields including, but not limited to:
- Health: Online healthcare support; disease-testing solutions; medical data sharing and privacy protection solutions; distribution of drugs and medical equipment; IoT, including 3D printers, in the medical field
- Disaster management: Geo-tracking during disasters; emergency information dissemination
- Business services: Support for remote workers; efficient management/operation of online events
- Education sector: Remote learning support
- Food and agriculture: Efficient food/commodity distribution technology
- Finance: Contactless transactions/payment; lending/insurance services to SMEs and individuals
- Logistics: delivery service, urban mobility management
- Other: Substituting imported goods with local innovative technology
WHO CAN APPLY (Applicants must meet all criteria 1-4)
- Organisations with their head office or a branch in one of the target countries.
- Profit/non-profit organisations registered as an independent legal entity. Proposals from individuals will not be considered.
- Companies with a very strong management team of at least 2 people.
- Businesses that have an innovative product(s) or service(s) in response or adaptable to the Pandemic and post-pandemic society OR have a feasible business plan to create prototypes (MVP).
- Winners from each country will be given a chance to sign a work contract with JICA for their innovation(s).
- Winners will be eligible for equity/debt-free sum of up to USD 30,000 by JICA for covering costs associated with the proposed activities including, 1) remuneration of staffs, 2) other expenses, and 3) indirect local tax.
- Winners may also get the opportunity to travel to Japan for further investments and business partnerships sponsored by JICA.
- The proposal should introduce some level of innovation in terms of a business model, a new product or service that can be more actively used, and/or profitability in the current and post COVID-19 era.
- Proposals should be as commercially-oriented as possible.
- JICA may establish an evaluation board with outside evaluators experts under strict confidentiality to evaluate proposals.
- Each country will have 8 to 10 finalists out of which up to 5 winners will be selected.
- Winners from each country will participate in the grand finale
- TARGET COUNTRIES
- Angola, Burkina Faso, Botswana, Cameroon, Côte d’Ivoire, Egypt, Ethiopia, Ghana, Kenya, Madagascar, Mauritius, Nigeria, Rwanda, Senegal, South Africa, Tanzania, Tunisia, Uganda and Zambia.
- Extended application deadline for Ethiopia (due to absence of internet access during the launch of this competition): August 26, 2020 (First-come, first-reviewed base)
- Interview of selected startups: Early September 2020
- Final selection: September 2020
Note: JICA will request the startups invited to be interviewed online to submit additional documents/a pitch deck if necessary.
IMPORTANT THINGS TO NOTE
- When applying, each company is to submit a business plan with the Key Performance Indicators (KPIs) that can be achieved within about 6 months.
- Before the contract, JICA will examine the details of the proposed activity and the validity of the budget (each expense item) and JICA may request the additional documents to determine the detailed activity in the contract.
- After the contract is signed, startups/organizations must submit monthly reports about the KPIs to JICA. (The duration of the contract will be about 6 months.)
- JICA will make payments based on the progress of the proposed activities and the submission of the progress reports and/or the expense report with receipt.
- The payment schedule will be determined by JICA, and in principle, no advance payment at the commencement of the contract.
To apply for the NINJA Business Plan Competition, please go to https://forms.gle/8E5RQuchUsU5P8Jt7 or go to the JICA Ethiopia Facebook page: https://www.facebook.com/jicaethiopia or use this QR code to access the application form
For any queries about the competition, please get in touch with us at the following email address: email@example.com