The African Entrepreneurship Award will fund an African entrepreneurs with scalable and sustainable businesses to the tune of $1 million USD.
This initiative aims to support talented entrepreneurs from Africa or Africans in the diaspora whose ideas create jobs and improve lives on the continent.
During the past 3 years, the Award were for projects in Education, Environment and others. But this year’s categories are in Sports and Innovation.
Last year, over 12,000 entrepreneurs applied from 132 countries and out of 112 finalists, 33 winners received funding to launch or scale their business.
The first round is open to all entrepreneurs to apply, from every country in Africa.
Round two and three questions entrepreneurs on the scalability and sustainability of their idea.
Applicants ask support for their project with an uploaded video or document.
At the end of the journey, finalists are flown in to Morocco for a Boot Camp, before they pitch in front of the Presidential Jury for their chance to win.