The search is on for South Africa’s brightest minds in innovation at this year’s annual Pitching Den competition. All entrepreneurs, researchers, inventors, incubators and innovators across all industries are urged to enter this prestigious competition for the chance to pitch their creative ideas and a chance to win a share of R25,000. On top of that, Spoor & Fisher, a full service intellectual property law firm, will award three trademarks and a patent search to worthy candidates.
This year’s 7th Annual SA Innovation Summit will leave no glass unturned in its pursuit to find South Africa’s most innovative thinkers at the Pitching Den, which forms part of this world-renowned conference. As an extension to World Design Capital Cape Town 2014, the Pitching Den, now in its 3rd year, is a platform for all inventors to showcase their brilliant ideas in the hope of funding, incubation and support from the judges and influential audience.
The online competition can be entered by any entrepreneur, researcher, inventor, incubator or innovator who has created an invention, discovery, design, model or prototype in any industry. All participants have to do is follow the easy competition steps at http://www.innovationsummit.co.za/pitching-den/ and submit their entry by 20 August 2014.
Successful entrants will pitch their ideas to an expert panel of judges during the course of the three day conference – taking them one step closer to making their dreams a reality.
During the pitching sessions entrepreneurs will have the chance to showcase their ideas to a wider audience with the possibility of receiving support and funding if the pitches are of interest. They will also be given the chance to tap into different markets, connect with incubators and have access to technical expertise from advisers, intellectual property (IP) specialists and venture capitalists. Spoor & Fisher is the official IP partner at the event and will award three trademarks and patent search to help entrepreneurs protect their inventions.
The 7th SA Innovation Summit will take place at Cape Town Stadium from 16 – 18 September 2014 where world leaders in the field of innovation will showcase their success stories and lessons learnt while celebrating innovation. The three day event aims to raise awareness in innovation and to help South Africa build its national system of innovation.
Last year’s Pitching Den winner, Markus Esterhuyse, won R50,000 which he reinvested in his business. His innovative product is focused on gasification which recycles waste for energy usage. Since winning the Pitching Den competition, Esterhuyse received support from SASOL and is now pitching his idea to various local and international businesses. “The competition opened a lot of doors for me and allowed my network of contacts to grow considerably,” says Esterhuyse.
“We are very excited to see all the exciting entries for the Pitching Den competition and urge all innovators to apply for this wonderful opportunity,” says Dr Audrey Verhaeghe, Chairman of SA Innovation Summit.
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