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Young African Entrepreneur? Apply for Anzisha Prize 2023

by Cynthia Nwanonyiri
2022/11/14
in Funding
Anzisha Prize - techbuild
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Over 200 Very Young Entrepreneurs have been aided by the Anzisha Prize across the African continent.

Anzisha is looking forward to receiving your application for its 2023 cycle if you are a young African entrepreneur working to expand a small firm, or you’ve produced something that earns money for you and your friends.

Get to be an example for other young entrepreneurs and encourage them to enhance their communities and all of Africa.

By submitting an application for the Anzisha Prize, you have a chance to earn a share of grand cash prizes totaling more than $50,000 as well as assistance for your company’s operations.

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Anzisha wants to recognize your ability to boost the economy of your nation and generate employment, since you hold the key to Africa’s future.

The Grand Prizes Categories
  • The Award for Job Creation
  • Prize for Revenue Growth
  • Award for Storytelling
  • Prize for Integrating Systems and Processes

The fellows will graduate at the end of the three-year fellowship and become part of the Anzisha Prize alumni network.

Eligibility
  • You must be between the ages of 15 and 22 and have an ID or passport to use as proof. No one born on or after August 31, 2007, or before September 1, 2000, will be taken into consideration.
  • You must be an African national operating a startup in Africa with African clients or beneficiaries.
  • The Anzisha Prize is not given out for brilliant business concepts or plans; instead, you must have already begun and been able to demonstrate it. Before submissions are accepted, get started right away and make sure you have concrete outcomes to present.
  • Your startup, creation, or charitable endeavor can be in any sector or industry (science and technology, civil society, arts and culture, sports, etc.). All business endeavors are encouraged to apply.
  • The applicant must be one of the company’s original founders (for instance, 2 or 3 co-founders who started up the project together)
Criteria

Your startup or project will be assessed against the following 5 standards to be chosen as one of our Anzisha ventures:

  • Is your business well-established with clients and beneficiaries, and do you provide them with value?
  • Are you, the founder, in charge of and running your business?
  • Has your business venture already shown some results?
  • Does your endeavor—regardless of whether it’s a for-profit company or one that supports a cause—currently generate income or benefit people? Does support from Anzisha have the potential to expand revenue or beneficiary reach?
  • Has your business produced jobs? Is there room for more high-quality jobs to be created?

To be chosen as one of our Anzisha Fellows, you must exhibit two crucial traits:

  • You serve as the venture’s manager and direct both strategy and operations.
  • You work on your business for at least 20 hours per week (or more) and intend to do so even after being chosen.
How to apply

Application closes on Sunday, 27 November 2022. Click here to apply

About Anzisha Prize

For more than ten years, the Anzisha Prize has supported and promoted very young entrepreneurs with its venture development fellowship program.

The three-year fellowship program honors and promotes entrepreneurship progress.

The program will monitor the progress of the company and the entrepreneur over the course of three years. Startups are recognized for their exceptional growth and innovation with perks and services including short courses, cloud services, and cash stipends.

At the conclusion of the second year, business owners will present their ventures and achievements in an effort to earn a portion of $50,000 in grand cash prizes.


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