The fourth edition of the “Algeria Startup Challenge” (ASC) program was opened on Monday, according to the organizers of this event dedicated to entrepreneurs, innovation, and technology.
The Ministry of Knowledge Economy and Startups, the Ministry of Industry, the Ministry of Fisheries and Fisheries Production, and the Ministry of Agriculture and Development will support the fourth edition, the incubator “Leancubator,” which is organizing the competition, stated in a press release.
This new edition will be structured around specific challenges, including the Foodtech Startup Challenge, which will focus on Agritech, and Aquatech firms and technologies focused on food safety.
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Another challenge, dubbed the Fintech Startup Challenge, will be dedicated to Fintech, Insurtech, and Legaltech start-ups and innovations with the theme “Innovation at the service of the financial sector,” and will be organized in collaboration with players in the financial, banking, insurance, and legal sectors.
The third HealthTech Startup Challenge, organized in collaboration with stakeholders in the health sector, pharmaceutical industry, and nutraceutical industry, will focus on startups and innovations in biotech, medtech, and food supplements under the theme “Innovation in the service of health and well-being.”
The organizer said the call for invention for this fourth edition will be posted “very soon” on the program’s official website and on the Soolvit open innovation platform for companies and innovators.
The ASC will conclude with a final yearly event at which ecosystem stakeholders will gather to discuss current issues and learn about the newest news and greatest innovations from participating startups and partner companies, which will be recognized during the ceremony, according to the release.
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Since 2018, the ASC program has collaborated with businesses and institutions devoted to fostering a new generation of innovators and entrepreneurs in emerging sectors, organizing over 16 challenges and supporting over 4,000 startups and carriers of projects.
In 2021, this program won numerous honors, including the Best Skills Development and Innovation Support Program for 2021–2022 at the Western Mediterranean level at the WestMED initiative Awards in Rome and the FAO Algeria’s Active Contributor to the Goals Award World Food Day JMA2021.
Algeria Startup Challenge Algeria Startup Challenge
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert.
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard. You can book a session and speak with him using the link: https://insightsbyexperts.com/view_expert/charles-rapulu-udoh