Author: hrdesk

2021 Central Bank of Egypt/DFS Lab COVID-19 Innovation Sprint

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The COVID-19 pandemic will likely have lasting effects that will impact the Egyptian economy for years to come. We see startups playing a part in creating the short term – and long term – solutions for this new reality. 

Under the host of the Central Bank of Egypt and in collaboration with the Financial Regulatory Authority (FRA), we have partnered with FSD Africa on a COVID-19 Innovation Sprint that aims to unearth, develop, and refine FinTech solutions that directly address the pandemic in Egypt. 

This design sprint will bring together multiple Egyptian banks and financial institutions that are seeking solutions to help them adapt to COVID-19 together with local and international startups who are rapidly creating the products and services that serve their needs.

Benefits

Under the host of the Central Bank of Egypt and in collaboration with the Financial Regulatory Authority, the startups that are selected to participate in this sprint will work closely with the Egyptian banks and financial institutions. Egyptian financial institutions and banks are increasingly adopting FinTech concepts and collaborating with established FinTech startups to leverage their offerings and overcome unprecedented challenges that appeared during COVID-19 and its aftermath to help consumers adapt to the new norm. Participating startups – as well as the banks and financial institutions that startups will be working with – will also be featured in media and PR campaigns for the event.

If you’re building products addressing the following problem statements, we’d love to hear from you:
Category Problem Statement COVID-19 Barriers Potential Technologies
Remote lending and alternative data Social distancing prevents potential lending clients from delivering documents in person. Requires no touch/in-person collection and validation of data. Innovations in digital assessment and document processing, alternative data, digital lending flows, and e-KYC.
Remote KYC/onboarding Customers would like to sign up for bank accounts or other financial products without having to appear in person – especially in rural areas. Requires no touch/in-person, must identify the client. Also provide and validate necessary information and documentation. Digital ID, biometrics, KBA systems, remote sensors, digital document flows, and other digital onboarding solutions.
Data access for regulators Regulators cannot access financial data quickly to make decisions. Requires faster and more flexible decision-making. Open data APIs, regtech data dashboards.
Digital invoicing and supply chain payments/finance Difficult to send and track digital invoices and facilitate payments, creating financial history and data from MSMEs for lending. MSMEs need credit to survive massive drop in income. Digital invoicing, SME digitization solutions, factoring, merchant discounting, digital supply chain solutions
Cashless payments Payroll, remittances, and other disbursements or remote collections needs to become digitized. Paying employees in cash can be a vector for infection. Prepaid cards, virtual cards, NFC, QR code payments, mobile money, mojaloop, other digital payments.
Queueing and customer service People need to be able to learn about products, resolve customer service issues, and understand loan and other product terms remotely, without queueing in the branch or while queueing in a safe manner. Social distancing makes in person customer service and customer education challenging; and digital channels require new ways of communicating or queueing to assure client needs are met. Full or semi-automated chatbots or IVR that can deal with shared concerns and relay key messages, innovative queueing solutions, other intelligent interfaces or learning programs.
Remote marketing and education Sales, marketing, and customer education channels are largely in-person In-person customer engagement does not work in a pandemic especially in rural areas. Solutions that allow for digital marketing and digital customer engagement – especially through partner organizations
Regulatory interactions Policy makers are seeking innovative and secure ideas to efficiently conduct inspection remotely during and post COVID19 pandemic. Social distancing makes onsite inspection difficult. Also, remote inspections are more efficient and timelier. Regtech solutions allowing remote data inspection and validation.

Application Deadline: February 19, 2021

Click Here to Apply

Savvy Global Fellowship 2021 Fully Funded Virtual Program

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Application for the 2021 Savvy Global Fellowship Program for Aspiring and Early-Stage Entrepreneurs is now open! Are you passionate about solving some of the world’s most pressing problems through innovation? Have you ever wanted to build a successful impact-driven business, but didn’t know how to? Do you own an early-stage business that you want to grow and scale into new markets and verticals? Are you interested in being part of the new generation of impact-driven entrepreneurs? Then apply now! Savvy is looking for you.

Savvy is a global virtual Fellowship program for passionate and brilliant young individuals seeking to be part of the new generation of impact entrepreneurs. Due to the COVID-19 pandemic, many have lost their jobs and are now living in an uncertain world. Savvy Fellowship is equipping these individuals with the necessary knowledge and skill they need to start their own impact-driven business and succeed as entrepreneurs.

The Savvy Global Fellowship for Aspiring and Early-Stage Entrepreneurs, which began in 2020, has so far, received over 30,595 applications from around the world, and has selected 2,572 Fellows from 113 countries. For 12 weeks, no matter what stage your venture is, the Fellowship program helps selected Fellows answer all the relevant questions that they need to kickstart their amazing impact venture, gain early traction, achieve product-market fit, and scale into new markets.

About the Fellowship:
Some of the things you’ll learn as a Savvy Fellow include fundraising for your business, building the right team to execute your business strategies, building buzz around your product or service, achieving product-market fit, scaling into new markets and verticals, and building customer loyalty and retention.

E-Learning: Savvy Fellowship kicks off with a rigorous 12-weeks e-learning experience. As a Savvy Fellow, you will learn everything from ideation to scaling. Some of the things you’ll learn during the program are ‘understanding your customer’, ‘building a product or service that effectively solves their key challenges’, and ‘effectively positioning your solution in the market.’
Assessment: During the 12 weeks of learning, unlearning, and relearning, you can test your understanding by taking our weekly quizzes. The quizzes are a combination of multiple choices, Yes or No, and True or False. Assessments are the best way to identify your strengths and areas of weaknesses. Knowing your weaknesses helps you work effectively on them.
Peer Mentorship: We have introduced peer-to-peer mentorship, which we have found very effective. Our motto at Savvy is: “Be Your Fellow’s Keeper.” So, since all Savvy Fellows don’t have the same level of experience, more experienced and knowledgeable Fellows will help guide the others.
Expert Mentorship: Savvy Fellows get weekly expert mentorship from over 100 renowned experts across various industries. The Fellows are expected to effectively transform all their learnings from the expert mentorship sessions, into meaningful and measurable societal impact.
Post-Fellowship: After 12 weeks, you’ll receive a Certificate of Completion to proudly share with your professional network. That’s not all. You’ll still find the Savvy platform useful as we constantly share weekly articles on impact entrepreneurship, personal branding, capacity building, and professional opportunities. So, your Savvy Fellowship account will be useful even after you complete the intensive 12-week virtual Fellowship program.
One of the missions of Savvy is to bring passionate and competent individuals together to build sustainable businesses, or to foster strategic partnerships and collaborations between these individuals. With that said, we encourage selected Fellows to use the Savvy platform to find and interact with other Savvy Fellows, which could lead them to start a business together or forge a helpful partnership.

Eligibility:

– Application is open to aspiring and early-stage entrepreneurs around the world.
There is no geographical, ethnic, or academic restriction. We accept new Fellows between the ages of 18 – 40, who can demonstrate in their application their passion to learn and create lasting change in their community (and the world.) However, we consider applicants above the age of 40, with at least 5 years of work or entrepreneurial experience.

Benefits:
Becoming a Savvy Fellow is an exceptional opportunity for you to:

1. Identify your ideal target customer, and build a product or service that exceeds their expectations.
2. Make your product or service stand out from competing or substitute solutions in the market.
3. Draft a solid go-to-market strategy, revenue model, and customer acquisition strategy for your business.
4. Optimize your business operations, delegate properly, and build a winning team to execute your business strategies.
5. Identify the right legal structure for your business, raise capital for your business, and forge strong strategic partnerships that will help you scale your business.
6. Meet and interact with renowned business experts across various industries.
7. Share your experiences with other Fellows, and learn from them.
8. Explore industries beyond your daily work and expand your expertise.
9. Strengthen your work through new connections, skills, and ideas.
10. Join a global alumni network of over 2,500 entrepreneurs, to help you seek innovative solutions to common business challenges.

Method of Application:

Savvy Fellowship have no application deadline. Savvy is a fully-funded Fellowship program, so selected Fellows are not required to pay any fee. You can apply today from https://savvyfellows.com/apply/
For more information about the program, please visit https://savvyfellows.com/about/ or send an inquiry email from info@savvyfellows.com

For More Information:

Visit the Official Webpage

2021 U-recycle Initiative African Youth for Environment (AY4E) Fellowship

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Are you passionate about the environment? Are you interested in creating tangible community actions towards tackling global issues locally? Here is an exciting opportunity.

U-recycle Initiative is searching for 6 emerging change agents who are enthusiastic about environmental sustainability and ocean protection, and who through this AY4E fellowship can build their capacity and implement grassroots solutions to address plastic pollution.

“The African Youth for Environment (AY4E) Fellowship” is a comprehensive environmental education and awareness project powered by U-recycle Initiative and funded by a National Geographic Society grant. AY4E focuses on influencing positive behavioural changes towards tackling issues of plastic pollution in Nigeria. The Fellowship empowers youth and high school students across Nigeria with knowledge, skills and tools to begin developing actionable solutions at the grassroots level to combat plastic pollution.

Through our ‘AY4E Fellowship’, we plan to coach 6 young people who will then enlighten and engage over 6,000 high-school students in 6 schools across the 6 geographical zones in Nigeria, through creative environmental education projects.

Highlights of the AY4E Fellowship

LEARN from experts, successful environmental advocates and climate activists through masterclasses on the issue of plastic pollution and how to develop and implement projects.

IMPLEMENT five awareness projects (school eco-talk, environmental club, movie screening, changemakers’ bootcamp and upcycling project) at a high school in your state.

Requirement and Selection Criteria

To be eligible for our cohort of 2021:

  • You must be between the ages of 16-25 years old (should have completed secondary school/high school)
  • Should be Nigerian and should be a resident in Nigeria for the next one year.
  • Should have access to a Laptop and internet connection.
  • Show deep commitment or passion to address environmental issues like plastic pollution
  • Readiness to develop and become a young social impact leader that advances solutions towards addressing environmental issues in Africa
  • Must be an excellent communicator and self-starter who is determined to succeed
  • Must be willing and available to implement 5 environmental education projects (designed and fully-funded by us) at one high school in your state
  • You are a creative, innovative and dynamic changemaker who has or is ready to inspire and educate others to take action for the environment
  • You are passionate about environmental protection, plastic pollution, ocean conservation
  • You should be willing to commit 3-7 hours for (training or project implementation) on selected weeks
  • Good organisational skills with the ability to work independently and under time pressure
  • You have some experience in engaging in environmental awareness, advocacy or community service or may have taken courses or training in themes relating to environmental pollution. Demonstrated ability to organize community service activities is an advantage
Benefits
  • Gain lifelong leadership skills, access mentorship with global changemakers and access unique opportunities that will set you apart. The knowledge gained from this program would be valuable to those interested in environmental sustainability.
  • Win free swag items, goodie hampers, gadgets, movie tickets, and more by completing tasks monthly relating to sub-projects.
  • Earn resume-worthy experience and global recognition.
  • Develop your project management skills
  • At the end of the fellowship in December, the best fellow wins an all-expense-paid 3-days staycation trip to Egypt

This fellowship is brought to you by U-recycle Initiative and supported by a grant from the National Geographic Society.


Details

This is an eight-month fully-funded (April – December) program that provides emerging environmentalists, green enthusiasts, environmental advocates, and climate change activists with a unique opportunity to implement creative grassroots solutions to address environmental pollution.

Application Deadline: March 10th 2021

Click Here to Apply

2021 SumItUp Competition for Climate Champions & Creatives (trip to Milan)

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The #SumItUp competition invites you to use your authentic voice to present a one minute video reflection or unleash your creativity to present a unique visual infographic  of what happened in one  of the #Youth4ClimateLive Series episodes.

Each sum-up should communicate key takeaways from the episode of your choosing rather than a general summary.

The #Youth4ClimateLive Series has a total of 9 episodes. Each episode looks at climate action through a different angle, whether it be nature-based solutions or youth action, and as such, each episode will have unique key takeaways! All you have to do is pick an episode that resonates with you and… #SUMITUP!

The #Youth4ClimateLive Series is launching the #SumItUp competition with an opportunity for YOU to win a chance to participate in the Youth4Climate: Driving Ambition event in Milan ahead of the 2021 Pre-COP26, as well as have your creative work promoted!

WHAT

#SumItUp is a climate education competition that calls for young creators to peak their mind and share their creative work!

WHEN

The #SumItUp competition will remain open for submissions from now until March 31, 2021.

WHO

If you are a climate advocate or creative young person between the age of 15 to 29, then this competition is for you!

WHERE

The winners of #SumItUp competition will have a chance to take part in #Youth4Climate: Driving Ambition ahead of Pre-COP26 in Milan!

HOW TO GET INVOLVED? It’s simple!

  1. Register and attend the monthly #Youth4ClimateLive virtual events (or watch online at Youth4Climate.Live).
  2. Create a #SumItUp visual representation or video message that captures the essence, ideas, and outcomes of one of the #Youth4ClimateLive Series episodes of your choosing.
  3. Submit & share your #SumItUp on social media using the hashtag!
  4. Click on these shortcuts to learn more about:

Not Sure How to #SumItUp?

Well, imagine you are in a room full of people who haven’t seen any Youth4ClimateLive episodes; your goal is to create a video or infographic that sums up what they need to know from the episode you’ve selected. See below for more inspo!

THROUGH VIDEOS!
A video message aims to convey the main takeaways and themes from the episode through your words. It should be no longer than 1 minute, and can be as creative or simple as you’d like for it to be!

Application Deadline: March 31st 2021

Click Here to Apply

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