To support the incredible work that small businesses are doing in communities worldwide, Ashoka has launched the “Power of Local Challenge”.
The challenge seeks support system that are weaving collaborative networks for local small businesses, creating access to structures of support and capacity building as well as providing support to financial barriers
Benefits of Participation
11 winners will be awarded a cash prize of up to $60,000 as follows:
- A minimum of 2 winners in each geographical region: Latin America, East Africa, West Africa, Southern Africa, East Asia.
- Ten Winners will receive $15,000 each.
- One Grand Prize Winner will be selected and will receive $60,000
Eligibility for Participation
- If your solution has not been implemented at scale; you must have a clear business plan and a minimum-viable solution (prototype, pilot, or another proof of concept).
- You may only submit 1 application per organization.
- You must be 18 or above by the application deadline, on February 26th, 2025.
Note that your initiative must be primarily impacting at least one of the following countries: Botswana, Brazil, Burundi, Cameroon, Ethiopia, Ghana, Indonesia, Kenya, Liberia, Mexico, Namibia, Nigeria, Rwanda, South Africa, Tanzania, Uganda, Zimbabwe.
Evaluation Criteria
- Connection to Community
- Impact on Small Business Community
- Innovation
- Financial and Operational Viability
How to Apply
Begin your application here. The deadline for submission for the Power of Local Challenge is Wednesday, February 26, 2025.
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