Tag Archives: African Entrepreneurs

FINCA VENTURES PRIZE COMPETITION

Application Deadline:  April 10, 2026

LOCATION: USA

The FINCA Ventures Prize Competition supports rising African entrepreneurs with bold visions, disruptive business models, or new products or technologies that can create meaningful impact for poor and low-income people in Sub-Saharan Africa. Hosted by FINCA Ventures annually since 2024, the Prize Competition is a “shark tank” style event where entrepreneurs compete for the opportunity to be awarded grant funding of up to $100,000 to further develop their social enterprises. This event brings together early-stage companies and visionary leaders, donors and investors who are passionate about entrepreneurship.

ELIGIBILITY:

Companies must:

Have at least one African founder

Be a for-profit organization

Be post-revenue (generating revenue)

Be operational for no more than five years

Be operational in Sub-Saharan Africa

Address issues in Fintech for Financial Inclusion or Sustainable Agriculture and Food Systems

To win a grant award, participants must be willing to travel to San Francisco (with costs covered by FINCA) to present in front of a panel of judges and attend the awards ceremony and reception.

There is no cost to participate in the competition. For applicants invited to pitch at the events in San Francisco.

Applicants must create an account and answer all the questions posed in this application form available at https://fincaventures.awardsplatform.com/. Submissions must be complete before the application deadline on April 10, 2026, and will be reviewed on a rolling basis. Shortlisted applicants will be notified by June 2026. 

The entries will be judged according to the following criteria:

Strength of Entrepreneur & Team

Innovativeness of Solution

Social & Environmental Impact

Market Traction and Financial Sustainability

Strategy for Growth

BENEFIT:

In each category, finalists will receive grant awards of up to $100,000 (depending on 1st, 2nd, and 3rd place).

APPLY

2026 TONY ELUMELU FOUNDATION ENTREPRENEURSHIP PROGRAMME

Application Deadline: 1st March, 2026

LOCATION: Nigeria

Entrepreneurs from anywhere on the African continent—whether they are developing new concepts or already running ventures—are eligible to apply for the Tony Elumelu Foundation Entrepreneurship Programme. The programme particularly welcomes startups that incorporate artificial intelligence or focus on environmentally sustainable solutions.

ELIGIBILITY:

Entrepreneurs from across all 54 African countries are eligible to apply.

Open to businesses that are between 0 and 5 years old at the time of application. Businesses older than 5 years are not eligible.

Being an African entrepreneur, having a business idea or existing business operating in Africa, being 18 years or older, and meeting specific program requirements.

Students can apply if they meet the prorgramme eligibility criteria and have a business idea or an existing business. However, you must provide valid identification documents as required by the application process.

BENEFIT:

Gain access to $5,000 in non-refundable seed capital.

World-class business training

Expert mentorship, and access to networks and market opportunities

APPLY