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Home • Competition in Nigeria | 2025 • Call For Applications: Africa Business Concept Challenge 2024 ($5,000 prize)

Call For Applications: Africa Business Concept Challenge 2024 ($5,000 prize)

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Call For Applications: Africa Business Concept Challenge 2024 ($5,000 prize)

GBSN Presents the 4th Annual Africa Business Concept Challenge (ABCC): Shaping Tomorrow’s Entrepreneurs

Gear up for the 4th edition of the Africa Business Concept Challenge (ABCC), a virtual competition tailored for African undergraduate and graduate students. This platform empowers student teams to craft innovative business concepts addressing local challenges aligned with Agenda 2063 and sustainable development.

Key Features:

  1. Prize:
    • A grand prize of $5,000 for the top-performing team.
  2. Societal Impact:
    • Opportunity to tackle and solve local community challenges.
  3. Networking:
    • Engage with student teams globally, alongside seasoned entrepreneurs and industry professionals.
  4. Mentoring & Industry Experts:
    • Benefit from guidance by experienced judges—accomplished entrepreneurs and industry leaders.
  5. Structure, Feedback & Guidance:
    • Teams receive personalized feedback during project development from dedicated Team Advisors.

Read Also: Women Income Generation Opportunities Initiative (WIGOI)

Eligibility Criteria:

  • Open to all learning institutions on the African continent.
  • Student teams (2 to 5 members) with at least two members enrolled in an African institution during the competition.
  • Encouragement for interdisciplinary teams.
  • Each team must have a mentor for enhanced guidance and learning.

Participation Details:

  • GBSN Membership is optional.
  • No participation fee.
  • Projects must encompass:
    • A community challenge or need.
    • A business solution.
    • A viable business concept.
    • Implementation and impact assessment.

Application Deadline: March 5, 2024

Seize this opportunity to showcase your entrepreneurial prowess and contribute to the sustainable development of your community. Apply HERE.

Africa Business Concept Challenge
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