Innovation Prize Programs
Advancing Africa’s Digital Economy: A Prize in FinTech to Advance Financial Inclusion
Advancing Africa’s Digital Economy: A Prize in FinTech to Advance Financial Inclusion
Milken Institute Innovation Prizes offer exciting and effective tools for partners interested in sourcing or scaling innovative solutions. From catalytic early-stage support and achievement-based recognition to large-scale global competitions, we design tailored prize models that advance our partners’ goals and maximize long-term impact. The Milken Institute approaches each unique prize as an important opportunity to landscape a given field, incentivize new ideas and innovators, create and analyze data, and prime new markets and entrepreneurs for success.
Current Competitions
Milken–Motsepe Innovation Prize Program
Competition Cycle
Through its exceptional research capacity, convening power, and global network of experts and investors, the Milken Institute is well-positioned to execute each competition cycle stage.
Innovation Prize Programs
Highlights
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Stories from the Field: Oze
The story of Oze starts in the Peace Corps. I, Meghan McCormick, served as a community economic development advisor in Guinea, while my cofounder served in Benin. We saw firsthand how these business owners had to navigate complex...Read Article -
Stories from the Field: Verto
Our company, Verto, was founded by Ola Oyetayo, chief executive officer, and Anthony Oduu, chief technology and product officer. Both began their careers in finance and then decided to become entrepreneurs.Read Article -
Stories from the Field: Chumz
My name is Samuel Njuguna, and I'm passionate about eradicating poverty through two key pillars: financial inclusion and education. I have a background in computer science and currently serve as the CEO and cofounder of Moneto Ventures LTD.Read Article -
Stories from the Field: Milken–Motsepe Prize in Green Energy Meet the Finalists: Omnivat
Tell us about your team. Our team is composed of five members with diverse backgrounds who represent various corners of sub-Saharan Africa (South Africa, DR Congo, and Tanzania). We all met at the University of Cape Town and have been...Read Article -
Stories from the Field: Milken–Motsepe Prize in Green Energy Meet the Finalists: Newdigit Technologies
Tell us about your team. On a rainy night in Nigeria, tragedy struck when Joy Egbe’s pregnant aunt brought her fossil-fuel-powered generator inside her apartment to shield it from the rain. This unintentional decision inadvertently exposed...Read Article -
Stories from the Field: Milken–Motsepe Prize in Green Energy Meet the Finalists: GEG Geosleeve
Tell us about your team. GEG Geosleeve’s Milken-Motsepe Prize in Green Energy work is led by a multinational team composed of energy development experts. The team is drawn from integrated sister companies: GEG KE based in Kenya, GEG Iceland...Read Article -
Meet the Finalists: Smart Agri-Centres
Tell us about you/your team. Smart Villages and Kiima Foods are partners from the UK and Uganda who have worked together for many years. We are a diverse team from a range of backgrounds who are all committed to tackling the issue of energy...Read Article -
Milken-Motsepe Prize in AgriTech Finalists: Hello Erf
Pictured (left to right): Dawit Ephrem, Birtukan Kassa, Gizachew Mesfin, Alazar Michael, and Dawit Lanteyideru. Milken Institute: Tell us about your team. Alazar Michael: One day, I was talking to a farmer in a village while leading a...Read Article -
Milken-Motsepe Prize in AgriTech Finalists: IRRI
Pictured (left to right): Baboucarr Manneh and Venuprasad Ramaiah. Tell us about you/your team. Venuprasad Ramaiah and Baboucarr Manneh: Our group includes members from two sister organizations, one in Asia and the other in Africa. Our...Read Article
FAQs
Milken Institute Innovation Prizes are a portfolio of customizable tools that help partners source, scale, and accelerate innovative solutions across sectors and geographies. They range from early-stage support and achievement-based recognition to large-scale global competition.
No. The Milken-Motsepe Innovation Prize Program is one prize program within the broader Milken Institute Innovation Prizes portfolio. The Milken–Motsepe Prize is a specific partnership with the Motsepe Foundation focused on Africa.
The Milken Institute works with a range of partners spanning philanthropy, business, and government to design and execute prizes tailored to their needs. Partners interested in designing and/or executing a prize can contact [email protected].
The Milken Institute provides research, field landscaping, data analysis, expert convening, and access to a global network of experts and investors across every stage of a prize cycle.
Prize formats can range anywhere from prize advisory services and prize design to developing and executing medium- to large-scale national and global awards, contests, and competitions, each tailored to a partner's goals and the needs of a given field.
Partner with the Milken Institute
Together, we can catalyze global change by incentivizing creativity and collaboration, transforming challenges into opportunities for progress.
Email us at [email protected] to learn more.