Bayer Foundation and Get in the Ring have joined forces to launch the ‘Women Empowerment Award 2022’; a competition for Sub-Saharan African female entrepreneurs who are harvesting a healthier future for Africa.
This competition is specifically for startups innovating to solve challenges in the domains of health and nutrition. Winning startups will earn a cash prize of €25,000 and admission into Bayer Foundation’s Empowerment Program, a 24 Week Growth Accelerator that gives access to scaling networks and investment opportunities.
Many of the latest innovations in health and nutrition, contributing to better food production and quality of life in Sub-Saharan Africa, are driven by women. Female entrepreneurs are driving change and shaping the future of Africa. However, there still exists a large funding gap between female entrepreneurs and their male counterparts – this competition aims to bridge this gap by equipping the most innovative female-driven innovations with the tools needed to accelerate their solutions.
The goal of this award is to identify and empower female entrepreneurs to scale their innovations and magnify their impact. By supporting female entrepreneurs with groundbreaking ideas, Bayer Foundation
specifically recognizes and celebrates their role as game changers, driving sustainability and social impact through entrepreneurial innovation. With the Women Empowerment Award 2022, Bayer Foundation is able to catalyze social innovation for a world with health for all, hunger for none.
For the Women Empowerment Award 2022, Bayer Foundation are partnering with Get in the Ring, the world’s most global startup competition, active in over 200 cities worldwide. The global podium of Get in the Ring has given countless opportunities to unconventional solutions in all corners of the world, to prove their solutions and solve 21st century challenges. Working alongside industry leading partners, Get in the Ring supports the scale and impact that startups make across the globe.
Dr. Monika Lessl, Executive Director – Bayer Foundation, said: “With our Women Empowerment Award, we aim to help female entrepreneurs and their social enterprise to generate positive impact in the Sub-Saharan Africa. Last year we received many applications and supported five winners and contributed to their continued success. This year we are looking forward to collaborating with Get In The Ring, to deepen our connection with the startup ecosystem in sub-Saharan Africa and to attract even more inspiring female entrepreneurs.”
Jurgen Nieuwenhuijsen, Director – Get in the Ring, said: “We’re delighted to be partnering with Bayer Foundation to empower women entrepreneurs in Sub-Saharan Africa. We resonate deeply with Bayer Foundation’s mission of catalyzing social impact to provide health for all and hunger for none and invite women entrepreneurs from the region to get in the ring, grab the global spotlight, scale their unconventional health and nutrition innovations and make impact in their local communities”.
With the Bayer Foundation Women Empowerment Award as a prime incentive, game-changing female entrepreneurs are invited to step in the ring to test, prove and scale their innovations; to go beyond known and answer their calling, doing good by doing good business! The last date to apply for the Women Empowerment.
Award 2022 is 18 March 2022. Visit gitr.co/wea to apply and learn more.