Tag Archives: startup

 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.

APPLY

NSIA PRIZE FOR INNOVATION

Application Deadline: 3 March, 2024

LOCATION: USA

Can your startup create ground-breaking, tech-enabled solutions in your industry? If the answer is yes, submit your application to NPI 2.0. Up to US$220,000 to be won in prizes and an all expense paid training programme in Silicon Valley, USA. NPI is designed to encourage and support ingenuity within the digital ecosystem and fund early-stage, growth driven solutions, with the aim of driving transformative economic growth, enhancing the nation’s productive capacity, and creating jobs. 

ELIGIBILITY:

One of the founders must be a Nigerian Citizen

Applicants must be 18 years or older

Applicants must be running Innovative tech-focused or tech-enabled startups

The startup should have operated for not less than six months and operating in or within Nigeria

The startup should be looking to raise a seed round

The startup should have developed a minimum viable product (MVP)

Applicants must be willing and able to commit to a 10-week fast-track accelerator programme

Only one application is permitted per applicant irrespective of the sector. Subsequent applications will be disqualified

BENEFIT:

Top 3 winners will have a pre-set valuation for their startups as indicated below

1st Place Winner – up to $3m

2nd Place Winner – up to $2m

3rd Place Winner – up to $1m

The startups of the top 10 finalists must be registered in Nigeria

APPLY