Anzisha Prize Fellowship Program 2023 for young African Entrepreneurs (USD $200,000 Prize to grow your Business)
The Anzisha Prize gives out over USD $200,000 annually in business support and prize money to very young entrepreneurs from all over the continent, making it Africa’s largest award for her youngest entrepreneurs (15 to 22 years old).
We look forward to receiving your application for our 2023 cycle if you are a young African entrepreneur working to expand a small firm or you’ve produced something that earns money for you and your friends. Become an example for other young entrepreneurs and motivate them to improve their communities and all of Africa.
Requirements for Anzisha Prize Fellowship Program 2023:
- You must be between 15 and 22 years old with an ID document or Passport to present as evidence. Anyone born before September 1, 2000 or after August 31, 2007, 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! Get started now and ensure you have tangible results to share before applications open.
- 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).
Criteria for the Anzisha Prize Fellowship Program
To be selected as one of our Anzisha ventures, your business or project will be judged on the following 5 criteria:
- Is your venture established with customers and beneficiaries and are you offering value to them?
- Are you, the founder, leading and managing your venture?
- Is your venture demonstrating some impact already?
- Whether your venture is a for-profit business or cause-based, does it already earn revenues or already reach beneficiaries? Is there potential to increase revenues or beneficiary reach with support from Anzisha?
- Has your venture created jobs and is there potential to create more high quality jobs?
To be selected as one of our Anzisha Fellows, you must demonstrate two important qualities:
- You are the leader of your venture and you drive both venture strategy and operations.
- You spend at least 20 hours a week (or more) on your business and plan to continue to do so after selection.
Anzisha Prize Fellowship Program 2023
- 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.
Anzisha Prize Fellowship Program 2023 Application Deadline
Anzisha Prize Fellowship Program 2023 Application Deadline: November 27, 2022
- Apply for the YoungEd Africa Fellowship 2023
- Young Entrepreneurs Challenge Europe 2023 (worth £10,000)
- United Nations World Food Programme (WFP) Innovation Challenge 2023 (up to $100,000)
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