Tag Archives: entrepreneurship

VITAL VOICES GLOBAL FELLOWSHIP – SOCIAL ENTREPRENEUR PILLA

Application Deadline: 15 April, 2024

LOCATION: USA

Vital Voices Global Fellowship – Social Entrepreneurship empowers visionary women changemakers leading for-profit, purpose-driven enterprises that are addressing the United Nations Sustainable Development Goals (SDGs). The Social Entrepreneurship pillar is tailored for women entrepreneurs who understand their business valuation, have identified their business growth strategy, are interested in expanding their social impact, and are eager toscale their business through investment.

ELIGIBILITY:

To qualify for the program, applicants are required to meet the following criteria:

Hold a key decision-making role in a legally registered, for-profit, purpose-driven business addressing the UN Sustainable Development Goals (SDGs) with measurable social impact.

Exhibit a track record of generating a minimum annual revenue of USD 100,000.

Possess a proven business model with growth potential, evidenced by a minimum of three full-time paid employees (or equivalent) and an operational history of at least two years.

Clearly articulate an identified growth strategy to be initiated within 12 to 15 months after the program.

The application process will include two stages. Upon successful completion of the initial application, shortlisted candidates will be invited on a rolling basis to participate in a second stage to provide key information and documents related to financial model, team structure,
business model, and business plan.

BENEFIT:

Through the program, fellows will:  

Examine their business plans and refine their goals for growth   

Examine and better understand their capital needs   

Develop a strategic plan to grow their business through investment  

Acquire the knowledge to access relevant investment opportunities   

Learn to craft compelling narratives for investment opportunities  

Develop pitch decks that resonate with the ethos of the SDGs and investor expectations   

In addition, fellows will be supported by a robust, global supportive network. Upon completing the fellowship, fellows will have solidified their growth strategies and be prepared to pursue investment opportunities.

Cost: All costs associated with the program are fully covered by Vital Voices Global including travel, lodging, and meals for the in-person convening.

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 ABH PRIZE COMPETITION

Application Deadline: 19 May, 2024

LOCATION: Rwanda

ABH aims to identify, support, and inspire the next generation of African entrepreneurs who are making an impact in their local communities, working to solve the most pressing problems, and building a more sustainable and inclusive economy for the future. The initiative aims to be as inclusive as possible. Applications are open in English and French to entrepreneurs from all African countries, all sectors, and all ages who operate businesses formally registered and headquartered in an African country, and that have a 3 year-track record.

ELIGIBILITY:

You’re the founder or a co-founder.

You’re an African citizen or the direct descendant (child/grand-child) of an African citizen.

Your company is registered, headquartered and primarily in an African country.

Your company has market traction and at least 3 years of revenue.

BENEFIT:

Grant funds of up to $300 000: Our Top 10 finalists share a prize pool of $1.5 million in grants ranging from $100,000 to $300,000. The winner takes home $300,000; The 1st runner-up and 2nd runner-up take home $250,000 and $150,000 respectively. All other 7 finalists, take home $100,000. An additional $100,000 is allocated for global immersion training.

Global recognition and exposure: ABH spotlights talented African entrepreneurs as finalists progress in the competition via press releases, social media, and news articles at every stage of the competition. We also provide significant exposure opportunities to the Top 10 finalists via extensive PR exposure and media coverage.

Access to an exclusive & vibrant entrepreneurship community and network: Finalists join an exclusive community of some of the most impactful and successful entrepreneurs from across the continent. ABH organizes numerous online and offline networking opportunities where these entrepreneurs can connect and collaborate.

Mentorship from business icons: Our finalists are given access to mentorship opportunities with global business icons, investors, and business professionals both throughout the competition and afterward.

Targeted and practical training programs: ABH community members are given access to a range of bespoke training programs including financial management, marketing insights, understanding IP law, and more. Finalists are also given the opportunity to access additional programs and services such as investment readiness and management training via our network of partners and judges.

Insights into your business: Throughout the application process, we help our applicants strengthen their storytelling and pitching efforts via an introspective application process. Applicants are also given feedback at each stage of the competition, and they receive advice from numerous business professionals and seasoned entrepreneurs throughout the competition.

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