EDHE Absa Innovation Challenge 2025 (Up to R500 000 Cash Prize)

The EDHE Absa Innovation Challenge is a strategic initiative aimed at catalysing innovation and entrepreneurship within South Africa’s 26 public universities

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About EDHE Absa Innovation Challenge

Opportunity Details

The EDHE Absa Innovation Challenge is a strategic initiative aimed at catalysing innovation and entrepreneurship within South Africa’s 26 public universities. This programme is designed to identify, nurture, and support the transformation of student and alumni innovations into viable, scalable ventures that address pressing societal challenges.

It’s more than just a Competition:

The challenge offers a structured platform for the development and commercialisation of high-potential ideas, equipping participants with the tools, mentorship, and exposure needed to navigate the entrepreneurial journey. The core mission is to foster a culture of innovation, stimulate entrepreneurial mindsets, and accelerate the translation of research and creative solutions into impactful enterprises

The EDHE Absa Innovation Challenge is designed to foster a culture of entrepreneurship, address graduate unemployment, and contribute to South Africa’s economic development. It also allows Absa Bank to play a pivotal role in shaping the country’s future of innovation and entrepreneurship.

The goals of the EDHE Absa Innovation Challenge are:

  • To promote innovation among university students and alumni students.
  • To support the development of entrepreneurial skills among university students and alumni students.
  • To create a pipeline of innovative solutions to pressing societal issues.

This competition is not about launching the next ordinary business. It is about identifying and nurturing ideas that break the mould, challenge the status quo, and demonstrate transformative thinking. They are looking for:

  • Innovation and originality;
  • Problem-solution fit;
  • Solution-market fit;
  • Transformative impact;
  • Radical creativity over replication;
  • Feasibility and development potential;
  • Sustainable solutions to emerging or overlooked problems;
  • Concepts that reimagine industries, communities, or systems;
  • Future-oriented thinking, not just market readiness;
  • Scalability/Replicability and impact;
  • Innovation beyond technology.

Benefits of EDHE Absa Innovation Challenge

Winning Prizes:

  • 1st Prize: R500 000
  • 2nd Prize: R250 000
  • 3rd Prize: R150 000
  • 4th Prize: R100 000
  • 5th Prize: R50 000

EDHE Absa Innovation Challenge Requirements

  • Currently enrolled university students across South Africa’s 26 public universities
  • Alumni who graduated between 2023 to 2025

Application Date and Process

Apply Here

Application Deadline

25 July, 2025

Scholarship Application Portal

View details of EDHE Absa Innovation Challenge

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