Applicants are invited to apply for Anzisha Prize for young entrepreneurs, this year the program will be launching awards for professionals within the youth entrepreneurship ecosystem who contribute to the success of young entrepreneurs in their communities.
The Anzisha Program is a partnership between African Leadership Academy and Mastercard Foundation that seeks to fundamentally and significantly increase the number of job generative entrepreneurs in Africa.
Prize Information
This is the value of the Fellowship applicants will be a part of, if they win – Additional investment of $8,000/ $10,000 in each Fellow
- Monetary Reward of a shared amount of $100,000
- $2,000 access to a world- renowned Entrepreneurial Leadership curriculum and training with the potential for further investment based on engagement and performance
- $2,500 worth of rewards from consulting and mentorship services
- $2,000 worth of rewards from Global speaking events or Experts in Residence support
- $1,000 worth of rewards from Regional Indabas across the continentEligibility Criteria
- Applicants must be between 15 and 22 years old with an ID document or Passport to present as evidence. Anyone born before November 1, 1996 or after October 31, 2004 will not be considered.
- Applicants must be a national of an African country with a business based in Africa for African customers/ beneficiaries.
- Their business must be up and running. The Anzisha Prize is not for great ideas or business plans – applicants must have already started, and be able to prove it!Applicants have time to get started now and have tangible results to share before applications open.
- Their 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 a business together).Judging Criteria
Business or project will be judged on the following 5 criteria:
- Already Running Venture: Is the venture established with customers and beneficiaries? Does the venture deliver value to said beneficiaries and customers?
- Founder-led: Is the venture led and managed by the founder? Impact: Has the venture demonstrated some impact already?
- Scalability: If the venture is a for-profit business, does it already earn revenues and does it have potential increase revenues with the support of Anzisha?If the venture is a not-for-profit enterprise, does it already reach beneficiaries and does it have the potential to reach many more beneficiaries with support from Anzisha?
- Job Creation: Has the venture created some jobs and has the potential to create more high quality jobs?For more information and scholarship applications, see: Anzisha Prize for Young African Entrepreneurs