Idea Foundry, a global impact investor in seed and pre-seed companies, is partnering with Ortus Africa Capital to make UGX 25 million available to Ugandan startups working to achieve one or more of the UN’s Sustainable Development Goals. Companies are invited to apply for a chance to win UGX 12.5M (first place), UGX 7.5M (second place), and UGX 3.5M (third place) along with mentorship and the chance to be heard on a global stage. The initiative is part of Pitch to Save the World, a series of competitions launched by the Idea Foundry to support impact-oriented startups across the globe.

The application will be open through December 3 2021. After a selection process, ten applicants will move to the next round, where they will pitch at a virtual event in front of investors and other ecosystem participants. To be eligible for the competition, interested applicants must fulfill the following criteria:

  • Be a legally registered for-profit company
  • Be registered in Uganda or have a significant presence in Uganda
  • Have traction and be beyond the ideation stage
  • Demonstrate a positive social impact in line with the UN SGDs
  • Be a woman-led or have a positive impact on women and/or youth.

To apply for this competition, visit the Application page here. Ten applicants selected to move to the next round will be informed in early January 2022, and the live event will be held in late January 2022.