The United states Embassy, Harare has just announced that after serious lobbying, Zimbabwe for the first time ever has joined the Global Innovation through Science and Technology’s Network (GIST Tech-I), an opportunity that allows Zimbabwea techprenuers to get funding and support towards their running prototypes.
Since 2011, GIST has reached more than 2.8 million innovators and entrepreneurs worldwide, and mentored over 4,500 startups that have generated more than $80 million in revenue.
Speaking to the public affairs officer, Nicole Finnemann, she said that it took serious push to engage and convince the initiative to include Zimbabweans as well since it had world class tech players.
Unfortunately for most Techies, there is not enough time but they need to quickly apply to beat the 22 January deadline for submission as Zimbabwe joins the world for this very important event that will change the perspective towards entrepreneurship.
This year citizens from 135 countries and emerging economies spanning Europe, Africa, Asia, the Middle East, and Latin America are eligible to apply with an innovative science and technology idea or startup in any sector.
Applicants are required to submit a short summary of their product, research, service, or concept, followed by a larger 750-word executive summary describing the proposed work and the science and technology behind it. Applicants will also provide a 90-second promotional pitch video to showcase their innovation. The new application deadline date is January 22, 2016.
Up to 100 applicants will be selected as semi-finalists who will then have their pitch videos featured online and voted on by the public. These votes will help to select up to thirty finalists who will pitch their ventures to a global audience at the 2016 Global Entrepreneurship Summit in Silicon Valley, California. During this internationally prestigious event, these amazing up-and-coming innovators will receive intensive skills training, mentorship, and networking access to global leaders in their fields. Winners of GIST Tech-I will receive seed capital prizes. All finalists will receive up to three months of mentoring following the finals.
The U.S. Department of State, in partnership with private and non-governmental organizations, also launched the Global Innovation through Science and Technology’s Network (GIST Net) at the fifth Global Entrepreneurship Summit in Morocco.
Harnessing the power of technology for innovation and entrepreneurship, GIST Net is a user-driven platform that provides science and technology entrepreneurs with online resources and mentorship to collaborate, seek funding, and grow their businesses.
This public-private partnership gives science and technology entrepreneurs access to needed resources while providing the latest in news, trends, industry insights and advice. The intellectual and creative contributions of the Ewing Marion Kauffman Foundation, Founder Institute, Gust, NestGSV, NovoED, Ponscio, Stanford Technology Ventures Program, TechWadi, the U.S. Department of State, and VentureWell (formerly NCIIA) contributed to the development and launch of GIST Net.