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Home»Search by Region»Africa»Anzisha Prize 2020 for young African Entrepreneurs (Over $100,000 in Prizes)

Anzisha Prize 2020 for young African Entrepreneurs (Over $100,000 in Prizes)

Opportunity DeskFebruary 17, 20203 Mins Read
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Deadline: April 1, 2020

Applications for the Anzisha Prize 2020 are now open. The Anzisha Prize is Africa’s biggest award for her youngest entrepreneurs aged 15 – 22 years, and hands out over USD $100,000 every year in prize money to entrepreneurs from all over the continent.

If you are a young African Entrepreneur trying to grow a small business or you’ve created something that makes your community better and provides you and your friends an income, then they want your application.

Your venture could be anything. Become a role model and inspire other young entrepreneurs to believe in the difference you can make in Africa, with the right support. Each year, they select 20 leading youth entrepreneurs like you to become Anzisha Prize Fellows.

Benefits

  1. Monetary Reward of a shared amount of $100,000
  2. $2,000 access to a world- renowned Entrepreneurial Leadership curriculum and training with the potential for further investment based on engagement and performance
  3. $2,500 worth of rewards from consulting and mentorship services
  4. $2,000 worth of rewards from Global speaking events or Experts in Residence support
  5. $1,000 worth of rewards from Regional Indabas across the continent

Eligibility

  1. You must be between 15 and 22 years old with an ID document or Passport to present as evidence. Anyone born before November 1, 1997 or after October 31, 2005, will not be considered.
  2. You must be a national of an African country with a business based in Africa for African customers/beneficiaries.
  3. 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.
  4. 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.
  5. 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).

Judging Criteria

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 some 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:

  1. You are the leader of your venture and you drive both venture strategy and operations.
  2. You spend at least 20 hours a week (or more) on your business and plan to continue to do so after selection.

Application

Click here to apply.

For more information, visit Anzisha Prize.

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