Call For Applications: Anzisha Prize Venture Building Fellowship 2025 for young African Entrepreneurs (USD $140,000 Prize to grow your Business)
The Anzisha Prize is Africa’s biggest award for her youngest entrepreneurs aged 15 – 22 years, and hands out over USD $140,000 every year in business support and prize money to very young entrepreneurs from all over the continent.
The Anzisha Prize is a venture building fellowship program that has successfully supported and championed very young entrepreneurs for over 10 years. The fellowship is a multi-year program that celebrates and rewards business growth. During the course of the fellowship, the program will track the performance of the business and the entrepreneur. Businesses that show exemplary growth and initiative are rewarded with benefits and services such as short courses, cloud services and cash stipends. At the end of the second year, entrepreneurs will pitch their businesses and successes for a chance to win their share of prizes to the value $50 000. The Grand Prizes are split into 4 categories
- The Job Creation Prize
- Revenue Growth Prize
- Storytelling Prize
- Integrating Systems and Processes Prize
Eligibility Requirements
- You must be between 15 and 22 years old.
- You must have an ID document or Passport to present as evidence.
- You must be a national of an African country with a business based in Africa for African customers/ beneficiaries.
- 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 a business together)
Apply Also: HFFI Food Access and Retail Expansion Fund (HFFI FARE Fund) ( up to $250,000 Grant)
Benefits
Cash Stipends
Fellows will receive cash stipends at different intervals during the duration of the fellowship and will be required to meet agreed upon milestones as a pre-condition to qualify for the cash stipend.
Entrepreneur Shadow Program
An entrepreneur has the chance to shadow a business in their country or region they have identified as exceptional and want to learn from and emulate.
Service Provider Program
Fellows have the opportunity to apply for a professional individual with specialized technical skillsets to work in thebusiness to deliver a technical solution for a specified period of time.
Educational Courses
Learning never stops. Entrepreneurs can apply for short courses that will enhance their leadership and business development skills.
Application Procedure
In order to complete your application you will need to have the following documents ready:
- A copy of your ID (Identification Document, Passport, Birth Certificate)
- Company registration documents (if your venture is registered)
- Logos for your venture/project
- Pictures of your project
- A photo of yourself and your team
Deadline: November 8, 2024