Nations around the world are faced with challenges caused by growing or aging populations and increased urbanization. How will we provide enough healthy food for everyone? Where will our energy come from? What will tomorrow’s cities look like? “Innovation Nation” is an ideas challenge that seeks solutions from those who will be responsible for making our future world work: young people.
Launched in January 2015 by the Australian NGO “The Foundation for Young Australians” in partnership with BASF as part of its 150th anniversary program, the aim is to support young entrepreneurs and uncover the boldest and most innovative ideas for building a better Australia.
An app that enables restaurants to sell unused food, a campaign to make drinking straws biodegradable and an online lending platform for solar power are three of the six ideas picked by BASF to receive mentoring from industry experts before pitching their idea at a special event in Sydney. With €6,800 (A$10,000) in seed funding on offer, the winner has the chance to turn his or her idea into reality and create a sustainable and impactful venture.