Are applications hereby invited from all peoples looking for mentoring to launch or grow your business or idea in Africa?
Join the journey to receive free, online mentoring from over 400 entrepreneurs, investors, and business owners.
As a community, they are dedicated to helping you improve your business idea and achieve your goals of building something awesome in Africa.
The Award Journey is made up of 4 rounds of mentoring and starts by you taking a few minutes to submit an idea for Round 1. Once you hit the submit button, you begin a journey with real
entrepreneurs who have been where you are today.
You may be asking yourself this whole time why you would be submitting your golden idea to the African Entrepreneurship Award. What are you getting out of this? They are not seeking to capitalize on ideas. Rather, they seek out the best ideas from all over Africa and empower you to plan, launch and scale your business. They will finance and help build your idea into a sustainable business that employs people, improves your economy, and impacts lives in Africa.
1. Innovation: New technology, new business model or attempting to solve a problem that’s never been solved before
in your region.
Is it durable?
Is it multi-functional?
Is it environmentally sustainable?
Is it low cost?
2. Sports: Promotes integrity,
perseverance and friendship to unite communities.
To what extent does it strengthen the economy?
To what extent does it improve health of our youth?
To what extent does it reflect values, especially integrity?
You, the entrepreneur, must meet the following criteria to submit your business proposal:
You must be a citizen of an African
You must be a minimum of 18 years old as of November 1, 2023.
Your business or idea must be applicable in an African country.
Your business or idea must include a technological component (digital, machinery, computers, ICT, automated processes, field related technologies,…)
Your business or idea must be for profit.
Your business or idea must include a social impact. You need to articulate the problem you are trying to solve as well as the solution you offer.
Your business or idea must be relevant to one of these categories :
Innovation: An idea or invention which is or can become a good or service that creates value for which customers will pay. Ex: Using a new technology (something new to the industry), or using a new business model (new way to deliver, collect, share), or solving a problem not solved before in your region.
Sports: An idea, prototype or startup business in the sports industry which is a Product (e.g. apparel, equipment), Production Method (e.g. supply chain), Service (education, health, spectator-
experience, athlete-experience), Supplier (e.g. sources of materials, resources), Market (e.g. buyers) or Media (e.g. promotion, information).
For more information on how to apply follow the application link here https://africanentrepreneurshipaward.com
April 30th, 2023.
Source: Daily School News