Are you a South African individual or organisation with an innovative idea that positively impacts the lives of women, youths, the disabled and residents in rural areas? Then enter the 2015 SAB Foundation Awards. There’s serious money at stake.

The South African Breweries (SAB) Foundation is looking for South African innovators from any sector to enter the awards and compete to win a grand prize of R1 million towards your idea or business.

The competition is open to individuals, innovators, entrepreneurs, NGOs, corporate foundations, CSI professionals, consulting firms and university departments with a product, service or process social and/or economic need among low-income groups.

“The Social Innovation Awards has unearthed some game changing social innovations in the past, from lifesaving malaria tests, to affordable instant food gardens, efficiencies in public health, solar technologies, housing construction using waste and many more. These are local innovations that that we are extremely proud of and trust that this year will showcase even more remarkable products and services,” said SAB Foundation manager, Bridgit Evans.

Entries are open on the SAB Foundation website and close on 1st June. Fifteen finalists will be chosen and be put through workshops and mentoring session. The winner will be chosen during a pitching contest.

A second prize of R500 000 and third prize of R350 000 are also up for grabs.