Ten (10) finalists will win varying prizes. The top three (3) winners will receive a mix of cash and equity to support their startups. They will receive funds in 75:25 equity and cash mix in exchange for a stake in their company which will be determined after a valuation.
A social impact prize of US$45,000 will be available to the three (3) most impactful projects amongst the top ten (10) finalists. US$15,000 each will be awarded to the Cascador Impact Prize Winners.
The top ten (10) finalists will participate in an all-expense paid, 5-weeks training programme at a top-rated US university in Silicon Valley and also have an opportunity to pitch to angel investors and obtain global exposure.

A fast-track accelerator programme has been developed and embedded in the competition to ensure all shortlisted participants benefit. The accelerator programme will be run by our technical partner and a top-rated University in Silicon Valley, US.

A database of participants will be maintained on the portal. Participants will be provided with access to industry information, funding opportunities, and program assistance. The intent is to build a strong alumni network to further drive the development of a viable and vibrant local ecosystem.

No, the training programme cannot be exchanged for a cash alternative. The training is an integral part of the NPI programme designed to provide startup access to unparallel training, mentorship, resources, networking opportunities and access to incremental funding from angel investors, venture capitalists, and private equity firms.

NSIA recognises the importance of patents and business solution protection. The unilateral agreements which all participants are required to sign, are designed to protect your intellectual property and serve to insulate your idea from theft.

NSIA will support the visa application process for the 10 finalists by providing sponsorship letters and informing the US embassy of the finalist’s participation in the training programme. Additionally, NSIA will cover the visa application fees. Please note that while NSIA offers assistance, we cannot guarantee or influence the outcome of visa decisions.

No, there is no option to attend the Silicon Valley training virtually; it is designed as an in-person experience to maximize the benefits of direct interaction, mentorship, and networking.

Only one representative per winning startup can attend the Silicon Valley training. NSIA has secured ten slots and will cover all expenses for the top ten finalists (only). Co-founders, who are interested in attending the training can apply to the training programme directly and are expected to cover their own expenses.

No, the trip to Silicon Valley cannot be deferred.

Attending the training in Silicon Valley is contingent upon obtaining a visa. If you don’t already have a US visa, the NSIA will assist with the visa application process. If a finalist cannot secure a visa, a co-founder or senior team member with a valid visa may attend in their place. Should this not be possible, the opportunity will be offered to the next highest-ranked semifinalists.

Yes, previous applicants are welcome to re-apply, except for the top three (3) winners from NPI 1.0 and top ten (10) finalists from NPI 2.0 editions. Terms and conditions apply.

The programme rules allow for only one application per applicant. Subsequent applications will be disqualified.

The last seven (7) finalists, along with the top three (3) finalists will participate in an all-expense paid, 5-weeks training program at a top-rated US university in Silicon Valley, USA. They are equally encouraged to apply in subsequent editions of the programme.

Innovators who do not make it to the top ten (10) are encouraged to continue refining their solutions. The programme provides some feedback which will prove useful to participants. Interested participants are further encouraged to apply for the next edition if they can improve their solutions.