Apply to African Entrepreneurship Award 2016 and win $1 million; business ideas also welcome

Apply to African Entrepreneurship Award 2016 and win $1 million; business ideas also welcome

Do you have a business idea that will create jobs and improve lives in your region? Well, the 2016 edition of the African Entrepreneurship Award is open for applications. This means you stand to benefit from personalized, online mentoring over the next few months by people in your region, across Africa and around the globe

Do you have a business idea that will create jobs and improve lives in your region?

Well, the 2016 edition of the African Entrepreneurship Award is open for applications. This means you stand to benefit from personalized, online mentoring over the next few months by people in your region, across Africa and around the globe as they help you finetune your business idea.

You also have the chance of joining a new network that can lead to new customers and investors, and finally, if you emerge among the ten finalists, you get to share in the $1 million award.

Last year, at the first edition of the African Entrepreneurship Award, entries came in from every country in Africa and even from those in diaspora. 10 winners emerged and shared in the $1million dollar prize which they went on to use in launching and scaling their businesses.

Eligibility Requirements

You must be a citizen of an African country

You must be a minimum of 18 years old as of October 1, 2016

Your business must be applicable in an African country

Your business proposal must include a technological component (digital, machinery, computers, ICT, automated processes, field related technologies, etc.)

Your business must be for profit.

Your business must be relevant to one of these three categories:

-Education – positively impact education in Africa

-Environment – positively impact the environment in Africa

-Uncharted – a high-impact business venturing into unexplored territory or untested markets

Additional Information

You can submit a proposal as a resident of any country worldwide – keeping in mind that you must be a citizen of an African country. For example, a resident of the United Arab Emirates with Egyptian citizenship is eligible for this Award.

Your business can operate in any African country even if you are not a citizen of that country. For example, you can submit a proposal for a different country in Africa than your personal, African citizenship (e.g. a Ghanaian citizen can submit a proposal for a business in Liberia)..

You can submit a proposal for a business already in operation.

Your business can operate across borders in multiple African countries.

Your business should demonstrate the potential to scale beyond one region in Africa to pan-African impact.

You can operate in multiple countries, but you will be asked to designate a primary community in Africa that will benefit or be impacted by your business.

Application Deadline: April 6, 2016

Go here to get started. For more information, visit the website.

 

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Ibukun Taiwo
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  • Neha Joshi
    January 13, 2017, 11:21 am

    Thanks for elaborating rules and ideas. Because I was looking forwards to establish connections with businesses on IndiaBizClub

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