The Anzisha Prize is Africa’s biggest award for the youngest entrepreneurs aged 15 – 22 years, and hands out over $200,000 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 three-year program that celebrates and rewards business growth. During the course of three years, 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 for participation
- You must be between 15 and 22 years old with an ID document or Passport to present as evidence. Anyone born before 1 September 2001 or after 31 August 2008, 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).
To be selected as one of their 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, who is 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 revenue or already impacting 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?
- 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.
How to apply
Click here to apply. The deadline for application is Thursday, September 7, 2023.
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