German Entrepreneurship Award
In February 2019 the Carl Duisberg Gesellschaft e.V. (CDG) has been conferring the German Entrepreneurship Award for Development for the third time. It is awarded in recognition of commitment by companies that benefits the local population in developing countries and emerging economies, over and above their own entrepreneurial objective. The award-winning companies make a verifiable contribution to the Sustainable Development Goals (SDGs) with their projects or innovative business models.
The purpose of the German Entrepreneurship Award for Development is to increase awareness of such exceptional commitment among the broader public. Each award comes with prize money, which in turn is fed into the winning projects and product ideas, adding further stimulus to the companies’ international activities.
CDG is a private-sector initiative that has supported the professional and personal development of experts and managers with an international development-policy focus since 1949.
WHO IS ENTITLED TO TAKE PART?
International companies with a project that matches our funding principles are eligible to apply for the German Entrepreneurship Award for Development. Associations, clubs, societies and private individuals are not eligible to take part in the competition.
HOW IS THE DECISION MADE?
After an independent expert has examined whether the applications conform with the funding principles, the five best projects are presented to the jury. The jury is made up of members of CDG plus representatives of the German business community, civil society, the media and politics, who choose the winning projects on the basis of the selection criteria set out in the funding principles.
The German Entrepreneurship Award for Development is conferred in two categories:
Category A – Business for Development – is intended for companies that are already operating successfully abroad and make a contribution towards improving local social or environmental conditions, over and above their entrepreneurial activity.
The winner of the Entrepreneurial Award in this category in 2017 was Zwick GmbH und Co. KG.
In Category B – Innovation for Development – the award recognises entrepreneurial ideas for innovative products or services that promote sustainable business practices and improve people’s lives over the long term. The award is primarily aimed at companies that have developed a product or service through to market readiness and would now like to put it to use. Poorer sections of society are the target group for the proposals.
In 2017 GreenTec Capital was the recipient of the Entrepreneurship Award in this category.
The next German Entrepreneurial Prize for Development will be awarded in 2021. We will inform you here as soon as the application phase is open. For general information on the application criteria, the application documents and the selection process, please refer to the funding guidelines.
THE AWARD WINNERS
The German Entrepreneurs Award for Development is awarded every two years.
Award Winners 2019
In Category A “Economy for Development”, HAWE Hydraulik SE on the German Entrepreneurship Award for Development 2019.
Companies on the shortlist of category A: El Puente GmbH, Kaffee-Kooperative.de, getINNOtized GmbH.
In category B “Innovation for Development”, ecoligo GmbH was awarded the German Entrepreneurship Award for Development 2019.
Companies on the shortlist of category B: e.Ray Europa GmbH, BIO-LUTIONS International AG, EPOS Health Management.
Award Winners 2017
The winner in Category A – Business for Development – was Zwick GmbH und Co. KG.
The other companies on the shortlist in this category were Bean Auction Limited, Messer Group GmbH, Dr. Ing. h.c. F. Porsche AG, Seidentraum and TEEKANNE GmbH & Co. KG.
GreenTec Capital won the award in Category B – Innovation for Development.
In this category the other companies on the shortlist were Autarcon, Glow Efficiency, Lenox and Phaesun.
The winners of the German Entrepreneurship Award for Development will be chosen in a multi-stage process. First an independent expert will examine whether the submitted applications match the funding principles. The best projects will then be presented to the Entrepreneurship Award Jury, which will select the winners in the two categories. The jury is made up of members representing development cooperation, the private sector, government, the media and civil society. They will meet in January 2019 to take a joint decision on the winning projects.
GERMAN-AFRICAN BUSINESS SUMMIT
From February 11 to 13, 2019, the award ceremony took place in the Ghanaian capital Accra as part of the German-African Business Summit (GABS). After the great success of the first GABS, which was held in Berlin in 2015, and the second in Nairobi in 2017, this third conference provided German and African business and political decision-makers with an excellent platform for dialogue. The summit focused on Africa’s economic potential and future trends in German-African cooperation. The Economic Summit was supported by the Sub-Saharan Africa Initiative of German Business (SAFRI) and its host organizations, the Association of German Chambers of Industry and Commerce (DIHK), the Federation of German Industries (BDI), the Federation of Wholesale, Foreign Trade, Services (BGA) and the German-African Business Association (AV) in cooperation with the German Chambers of Commerce Abroad (AHK) in sub-Saharan Africa.