Anzisha Prize for Young African Entrepreneurs

Anzisha Prize for Young African Entrepreneurs
  •  Course, Fellowship
  •  30-Nov-2021
  •   Africa
  • $$  Varies

Applications are open for the Anzisha Prize 2022. The Anzisha Prize is a venture building fellowship program that has successfully supported and championed very young entrepreneurs for over 10 years. The fellowship is a three year program that celebrates and rewards business growth.

 

During the course of the three years, the program will track the performance of the business and the entrepreneur. Businesses that show exemplary growth and initiative are rewarded with benefits and services such as short courses, cloud services and cash stipends. At the end of the second year, entrepreneurs will pitch their businesses and successes for a chance to win their share of prizes to the value $140,000.

Eligibility Criteria

  • You must be between 15 and 22 years old with an ID document or Passport to present as evidence. Anyone born before September 1, 1998 or after August 31, 2006, will not be considered.
  • You must be a national of an African country with a business based in Africa for African customers/beneficiaries.
  • The Anzisha Prize isn’t awarded for great ideas or business plans – you must have already started, and be able to prove it.
  • Your business, invention or social project can be in any field or industry (science and technology, civil society, arts and culture, sports, etc.). Any kind of venture is welcome to apply.
  • Individuals who apply must be one of the founding members of a business (for example, 2 or 3 co-founders who started up the project together).

Offered Benefits

The Grand Prizes are split into 4 categories

  • The Job Creation Prize
  • Revenue Growth Prize
  • Storytelling Prize
  • Integrating Systems and Processes Prize

At the end of the three year fellowship, the fellows will graduate and join the Anzisha Prize alumni network.

Prizes

  • Bi-annual cash stipends to eligible fellows in Year 1 and Year 3 of the fellowship.
  • Short term educational opportunities, internships and specialised technical expert consultations for eligible fellows in Year 2 and Year 3.
  • Job Creation Prize – awarded to the entrepreneur in Year 2 who has created the most job opportunities since joining the fellowship.
  • Revenue Growth Prize – awarded to the entrepreneur in Year 2 with the highest business revenue growth since joining the fellowship.
  • Storytelling Prize – awarded to the entrepreneur in Year 2 who has creatively communicated and distributed their entrepreneurship story through written, oral and visual storytelling.
  • Integration systems and processes Prize – awarded to the entrepreneur in Year 2 who has effectively used systems and processes to advance their business model.

Application Process

Go to Anzisha Prize on ala.submittable.com to apply

Required Documents:

In order to complete your application you will need to have the following documents ready:

  • A copy of your ID (Identification Document)
  • Company registration documents (if your venture is registered)
  • Logos for your venture/project
  • Pictures of your project
  • A photo of yourself
Apply Here
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