Apply for the 2018 African Entrepreneurship Award and share among $1million prize
Apply for the 2018 African Entrepreneurship Award and share among $1million prize Closes on April 30th 2018BMCE Bank African Entrepreneurship Award 2018 for African Based Entrepreneurs ($1 million Prize)
Now Accepting Submissions.
Are you 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.
Apply for the 2018 African Entrepreneurship Award and share among $1million prize Closes on April 30th 2018
Award Categories
Innovation
New technology, new business model or attempting to solve a problem that’s never been solved before in your region.
Criteria Include
Is it durable?
Is it multi-functional?
Is it environmentally sustainable?
Is it low cost?
Sports
Promotes integrity, perseverance and friendship to unite communities.
Criteria Include
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?
The Journey
Ten months to launch or scale your idea, build your business, & share in the Award.
March
Submissions Open
Submit your idea by April 30.
April
3 Rounds of Online Mentoring
Our mentors help define your market & put your scalability to the test.
October
On-site Visits
Entrepreneurs in the top 50 are visited by the Award team.
December
Bootcamp
Finalists benefit from a 3-day Boot Camp; then pitch their ideas to the Presidential Jury.
The Award
The jury decides the number of winners & how the $1 million award is shared.
Apply for the 2018 African Entrepreneurship Award and share among $1million prize Closes on April 30th 2018
Eligibility
You, the entrepreneur, must meet the following criteria to submit your business proposal:
- You are an African citizen, & over 18 years of age.
- Your idea or business is a for-profit.
- You have a strategy for positive social impact.
- Your idea or business includes a technological component.
- Your idea or business is for Africa.
- Your idea fits in one of this year’s 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 (in all sectors).
Ineligible Businesses in Innovation:
Using an old technology
Using an old business model
Attempting to solve a problem already solved
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), Media (e.g. promotion, information), Venue or Facility Management, or Health/Performance Improvement (Fitness Technology, Physical Training and Rehabilitation).
Ineligible Businesses in Sports:
Gaming/Gambling
eSports
Single Athlete to Compete
Sponsorships (Athlete/Team)
Single Trainers
Businesses in which Sports is not the primary activity
Apply for the 2018 African Entrepreneurship Award and share among $1million prize Closes on April 30th 2018
Are you 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.
The African Entrepreneurship Award offers $1 million to all eligible African entrepreneurs with an exisiting business or just an idea for one. 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.
Click Here to Apply
Deadline: April 30th 2018
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