Organizer: Abdul Hameed Shoman Foundation for Innovation
Date: 14/4/2024 - 30/5/2024
.png)
Duration: 45 Days
Target: Entrepreneures & Startups
.png)
Cost: N/A
The Abdul Hameed Shoman Foundation is pleased to announce the commencement of applications for the third cycle of the Abdul Hameed Shoman Innovation Award for the year 2024, building upon its inception in 2017. The goal is to cultivate an ecosystem that nurtures creativity, innovation, and productivity in Jordan, while championing Jordanian innovations that have a significant societal impact. recognizing the crucial role of innovation in empowering knowledge societies, driving economic growth, and addressing present challenges
This cycle of the Innovation Award expands to include both Jordan and Palestine, aiming to support innovators in both countries to tackle pressing societal challenges through technological and social innovation.
In its third edition, the AHSF-IA introduces two tracks to accommodate a wider array of innovation. The first track is Social Innovation, which includes solutions with significant societal impact, scalability, and real-world applicability. The second track, Deep Tech Innovation, highlights groundbreaking technological advancements with disruptive potential. By including both Social Innovation and Deep Tech tracks, the award aims to utilize technology and entrepreneurship to address complex societal issues and promote sustainable development.
.Award Fields
The award is designed to promote innovation in Jordan and Palestine, aiming to attract solutions that have the potential to create significant impact and drive positive change of societal importance, where innovation can lead to tangible improvements in people's lives in six distinct fields:
1. Healthcare and Biomedical Technology.
2. Labor Market and Economic Productivity Solutions
3. Education Solutions
4. Agriculture and Food Security
5. Green Technology and Environmental Sustainability
6. Advanced Manufacturing and Industry 4.0
Award tracks and stages.
In addition, the Abdul Hameed Shoman Foundation Innovation Award allows applicants with innovative solutions to advance to one of the following three stages and within two tracks.
Social Innovation Track
Stage 1: Proof of Concept and Prototyping
Stage 2: Product Development and Validation
Stage 3: Growth
Deep tech track:
Stage 1: Proof of Concept and Experimentation
Stage 2: Product Development and Validation
Stage 3: Growth
Phases of Evaluating Projects Submitted for the Award:
First Phase - Initial Screening: This phase examines the eligibility of the application and submission requirements and verifies the novelty of the innovation submitted compared to existing technologies or solutions.
Second Phase - External Project Evaluation: Qualified applicants will be categorized by topic and stage to present their ideas to expert committees in each field. (The top 40-50 projects will qualify, and each committee will qualify the best projects based on committee ratings and votes.)
Third Phase - Internal Committee Presentations: Projects chosen from the second evaluation phase will qualify to participate in the capacity building program (Deep Dive I). Qualified applicants will benefit from the training outcomes and results by refining their project pitches to provide a clearer understanding of their potential impact. (The top 20-35 projects will qualify, selected based on committee ratings and votes.)
Fourth Phase - Final Presentation: In the final evaluation phase, projects that have successfully passed all previous levels will be presented to the final committee. This committee will make the final decision regarding the winning projects of the award, which will receive financial support to implement their project proposal.
Since its establishment in 2017, the award has been a driving force for 17 Jordanian startups, whose products and services have demonstrated their efficacy, backed by a budget surpassing 2 million Jordanian dinars. Notably, recipients of the Abdul Hameed Shoman Innovation Award have transcended mere recognition, as their innovations have matured into thriving enterprises. Their solutions have addressed a myriad of challenges, significantly bolstering employment prospects across Jordan during both the 2017-2019 and 2020-2022 award cycles.
For detailed application guidelines for the award