Deadline: April 15, 2023
Applications are open for the African Impact Initiative Health Entrepreneurship Challenge 2023. The goal of the Health Entrepreneurship Challenge is to enable the creation of ventures with positive health outcomes in Africa. They are calling on African entrepreneurs to submit their venture ideas or solutions focused on health innovation.
This Challenge is facilitated by the African Impact Initiative and experts from University of Toronto Entrepreneurship (Health Innovation Hub (H2i), The Bridge, and I-Cube). All registrants will have access to e-Learning resources and community, to take their ventures to market.
Benefits
- Selected teams will participate in a comprehensive training and mentorship program, with up to $25,000 CAD in funding for each top performing venture selected.
- Top teams will also travel to Toronto, Canada for up to 4-months with all costs covered, to learn and expand their entrepreneurship network.
Eligibility
- Open to Africa entrepreneurs with venture ideas or solutions focused on health innovation.
- Must have affiliation with the African Higher Education Health Collaborative.
- Ideas or solutions focused on improving positive HEALTH outcomes.
- A desire to work on building the solution with full time commitment from the team.
Selection Criteria
- Your idea should address an identified problem/challenge in your country, by providing a comprehensive solution through a clearly defined job to be done.
- Preference will be given to solutions that drive social impact, by increasing adoption, accessibility or affordability.
- Preference will be given to innovative business models that are scalable & sustainable.
Application
Every eligible team that registers will be onboarded to a virtual platform to complete the first phase called pre-incubation. This begins in May 2023, and provides capacity building to validate your idea/solution and how to build it in a scalable way. The top performing teams from pre-incubation will be interviewed and selected to proceed into incubation. Incubation begins in July.
For more information, visit Health Entrepreneurship Challenge.
