{"id":22800,"date":"2024-07-23T11:59:33","date_gmt":"2024-07-23T11:59:33","guid":{"rendered":"https:\/\/presspay.ng\/news\/?p=22800"},"modified":"2024-07-23T11:59:36","modified_gmt":"2024-07-23T11:59:36","slug":"call-for-applications-wfp-innovation-challenge-up-to-us100000-equity-free-funding","status":"publish","type":"post","link":"https:\/\/presspay.ng\/news\/call-for-applications-wfp-innovation-challenge-up-to-us100000-equity-free-funding\/","title":{"rendered":"Call For Applications: WFP Innovation Challenge (up to US$100,000 equity-free funding)"},"content":{"rendered":"\n<p>Every year, we host multiple WFP Innovation Challenges in search of game-changing innovations that deliver relief, foster, resilience and end hunger.<\/p>\n\n\n\n<p>Over 309 million people are facing acute levels of food insecurity in 2024 in the 123 countries with WFP operations. The convergence of multiple crises \u2013 conflict, extreme climate patterns and economic shocks \u2013 is driving hunger, eroding livelihoods, and entrenching vulnerabilities especially in the worst hit food crisis countries.\u200b\u200b These multifaceted crises have made food inaccessible for millions of people, placing significant strain on WFP\u2019s operations.&nbsp;We encourage people to apply innovative ideas that support WFP\u2019s operation.<\/p>\n\n\n\n<p>You could either apply for topic-specific cohorts or submit your project to be reviewed on a rolling basis. The application will automatically be considered for future programs.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Eligibility Criteria:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Your organization must be an established legal entity.\u00a0 It can be for profit or not-for-profit.\u200b\u200b<\/li>\n\n\n\n<li>Your innovation must at least be at the Minimum Viable Product (MVP) stage. Proof-of-concept and initial traction is preferred.<\/li>\n\n\n\n<li>Your organization should have a presence or willingness to build a presence in one of 123\u00a0countries and territories that\u00a0<a href=\"https:\/\/www.wfp.org\/countries\" target=\"_blank\" rel=\"noreferrer noopener\">WFP operates in<\/a>.<\/li>\n\n\n\n<li>Your proposal must show how working with WFP will serve your long-term strategy.<\/li>\n\n\n\n<li>Your innovation should have a potential plan to implement during the six-month Sprint with the available funding and a clear pathway to scale.<\/li>\n<\/ul>\n\n\n\n<p>If you are a WFP employee<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Your team must have evidence of Country Office support and management buy-in.<\/li>\n\n\n\n<li>You are encouraged to apply, regardless of your contract type or function.<\/li>\n\n\n\n<li>We accept applications from WFP employees<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Evaluation criteria<\/strong><\/h3>\n\n\n\n<p>Applications submitted to the WFP Innovation Accelerator are assessed according to a standard set of criteria, and are reviewed by both WFP and external experts. Please note that we prioritize projects that are designed alongside our core users \u2014 vulnerable communities \u2014 and that show initial traction and market validation to ensure impact and maximize cost-effectiveness. We are looking for innovations that meet the following expectations:<\/p>\n\n\n\n<p>Your application will be evaluated according to the following criteria*:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Impact:<\/strong>\u00a0The idea has the potential to impact millions of WFP beneficiaries and can be scaled<\/li>\n\n\n\n<li><strong>Feasibility:<\/strong>\u00a0The solution can be effectively developed, deployed, and maintained<\/li>\n\n\n\n<li><strong>Level of Innovation:\u00a0<\/strong>The idea is a new technology, approach of applying existing technology, process or business model addressing a problem<\/li>\n\n\n\n<li><strong>Financial Sustainability:\u00a0<\/strong>The solution has a robust plan to ensure sustainable revenue generation beyond WFP funding<\/li>\n\n\n\n<li><strong>Team:<\/strong>\u00a0Team members have relevant experience and are committed to the project<\/li>\n<\/ul>\n\n\n\n<p>*We reserve the right to adjust eligibility criteria based on the changing context as new information becomes available.<\/p>\n\n\n\n<p><strong>Innovation Consultancy<\/strong><\/p>\n\n\n\n<p>Dedicated Innovation Consultant providing project management support and creating enablers for scalability.<\/p>\n\n\n\n<p><strong>WPF Access<\/strong><\/p>\n\n\n\n<p>Creation of strategic collaborations between the Sprint team and WFP field operations, HQ Business Unit and\/or Regional Bureaus towards testing and scaling within WFP and beyond<\/p>\n\n\n\n<p><strong>Funding<\/strong><\/p>\n\n\n\n<p>Access to up to US$100,000 equity-free funding to test the venture\u2019s scalability potential.<\/p>\n\n\n\n<p><strong>Mentor Support<\/strong><\/p>\n\n\n\n<p>Access to need-specific mentors from our broad innovation ecosystem. Our mentors come from diverse backgrounds including experts from humanitarian agencies and partners such as John Deere, Netlight and Google.<\/p>\n\n\n\n<p><strong>Visibility<\/strong><\/p>\n\n\n\n<p>Production and dissemination of project visibility materials to internal and external audiences, including through social media and the Accelerator web page.<\/p>\n\n\n\n<p><strong>Deadline: 31,&nbsp;July 2024&nbsp;<\/strong><\/p>\n\n\n\n<p><strong>Click\u00a0<a href=\"https:\/\/innovation.wfp.org\/wfp-innovation-challenge\">Here<\/a>\u00a0To <\/strong><strong>Apply<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Every year, we host multiple WFP Innovation Challenges in search of game-changing innovations that deliver relief, foster, resilience and end<\/p>\n","protected":false},"author":1,"featured_media":3363,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","footnotes":""},"categories":[53],"tags":[],"class_list":["post-22800","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-competition"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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