South Africa: SAB Foundation Social Innovation and Disability Empowerment Awards 2023

admin February 22, 2023

1 minute read

DEADLINE: 27 March 2023

SAB Foundation Social Innovation and Disability Empowerment Awards 2023

The Social Innovation Awards recognise entrepreneurs and social innovators who have developed innovative products, services, and processes that solve social problems. The programme supports businesses with prototypes and those who are in their early development stages.

SAB Foundation finds, support, and scales social innovations – through challenge funding and tailored mentorship – which can, directly and indirectly, improve quality of life. They also define social innovation as innovation that demonstrates a sustainable business model while solving a social problem, with a particular emphasis on innovation that benefits women, youth, people with disability or those in rural areas.

Innovations are judged according to the following criteria:

Originality: How innovative is the solution, and is it a significantly new business model or production method?
Social impact: Can the innovation solve a serious social problem that affects the SAB Foundation target groups?
Viability: To what extent is the innovation or solution commercially viable, to ensure its sustainability?
Job creation: Is there potential for the creation of direct and indirect sustainable jobs currently or in the future?