German Entrepreneurship Award
Is your company active in developing or emerging countries? In your company, you always make room for innovative ideas and solutions that contribute to improving the living conditions in these countries? Apply now for the German Entrepreneurship Award for Development until 1 November 2020 and present your project to the jury!
The Carl Duisberg Gesellschaft (CDG) awards the prize every two years. The next award will be presented in early 2021, most likey by Development Minister Gerd Müller. Time and place of the award ceremony are to be announced.
The prize is awarded in two different categories (Category A: “Business for Development”, Category B: “Innovation for Development”). For both categories, the prize is 30,000 euros. This money flows into the prize-winning projects and product ideas and thus provides additional impetus for the companies’ international activities. In 2021, companies are invited to apply for the award in category B, in particular, but not exclusively, if their project in a developing or emerging country helps to mitigate the consequences of the global corona virus crisis.
The German Entrepreneurship Award for Development is conferred every two years on the initiative of the Carl-Duisberg-Gesellschaft e.V. (CDG) on behalf of the Federal Ministry for Economic Cooperation and Development (BMZ). The award honours the commitment of companies in developing and emerging countries that goes beyond the corporate objective and that benefits the local people. The award is given in two separate categories: Category A – “Business for Development” and Category B – “Innovation for Development”.
With their projects or innovative business models, the award-winning companies make a verified contribution to the United Nations’ Sustainable Development Goals (SDGs). The German Entrepreneurship Award for Development is intended to make this extraordinary commitment better known to the public. In 2019, the award ceremony took place in February in Accra, Ghana.
The CDG is a private sector initiative. Since 1949, it has supported the professional and personal development of specialists and managers focused on international development policy.
The Entrepreneurship Award comes with prize money of EUR 30,000 in both categories. The money flows into the prize-winning projects and product ideas, providing additional impetus for the companies’ international activities. The recipients commit to using the prize money for the dedicated purpose of continuing the company’s engagement for the benefit of the local population.
You can find further information in our award criteria.
WHO IS ENTITLED TO TAKE PART?
International companies with a project that matches our award criteria 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.
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.
THE AWARD WINNERS
The German Entrepreneurship 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 award criteria. 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 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 awarded every two years. The award ceremonies in 2017 and 2019 took place during the German African Business Summit in Nairobi (Kenya) and Accra (Ghana). They each represented one of the highlights of the three-day summit organized by the Sub-Saharan Africa Initiative of German Business. Since 2015, this summit is bringing together German and African decision-makers from business, society and politics. Time and place of the 2021 award ceremony will be announced shortly.