Apply For Ongoing 2018 African Entrepreneurship Award And Share Among $1million Prize
Apply For Ongoing 2018 African Entrepreneurship Award And Share Among $1million Prize Closes On April 30th 2018
The BMCE Bank African Entrepreneurship Award 2018 for African Based Entrepreneurs ($1 million Prize) Now Accepting Submissions.
Are you looking for mentoring to launch or grow your business or idea in Africa? Join the journey to receive free, online mentoring from over 400 entrepreneurs, investors and business owners.
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New technology, new business model or attempting to solve a problem that’s never been solved before in your region.
Promotes integrity, perseverance and friendship to unite communities.
To what extent does it strengthen the economy?
To what extent does it improve health of our youth?
To what extent does it reflect values, especially integrity?
Ten months to launch or scale your idea, build your business, & share in the Award.
March Submissions Open
Submit your idea by April 30.
3 Rounds of Online Mentoring
Our mentors help define your market & put your scalability to the test.
Finalists benefit from a 3-day Boot Camp; then pitch their ideas to the Presidential Jury.
The jury decides the number of winners & how the $1 million award is shared.
You, the entrepreneur, must meet the following criteria to submit your business proposal:
• You are an African citizen, & over 18 years of age.
• Your idea or business is a for-profit.
• You have a strategy for positive social impact.
• Your idea or business includes a technological component.
• Your idea or business is for Africa.
• Your idea fits in one of this year’s categories.
An idea or invention which is or can become a good or service that creates value for which customers will pay.
Ex: Using a new technology (something new to the industry), or using a new business model (new way to deliver, collect, share), or solving a problem not solved before in your region (in all sectors).
Ineligible Businesses in Innovation:
Using an old technology.
Using an old business model.
Attempting to solve a problem already solved.
Sports:An idea, prototype or startup business in the sports industry which is a Product (e.g. apparel, equipment), Production Method (e.g. supply chain), Service (education, health, spectator-experience, athlete-experience), Supplier (e.g. sources of materials, resources), Market (e.g. buyers), Media (e.g. promotion, information), Venue or Facility Management, or Health/Performance Improvement (Fitness Technology, Physical Training and Rehabilitation).
Ineligible Businesses in Sports:
• Single Athlete to Compete
• Sponsorships (Athlete/Team)
• Single Trainers
• Businesses in which Sports is not the primary activity
The African Entrepreneurship Award offers $1 million to all eligible African entrepreneurs with an exisiting business or just an idea for one. The Award Journey is made up of 4 rounds of mentoring and starts by you taking a few minutes to submit an idea for Round 1.
Once you hit the submit button, you begin a journey with real entrepreneurs who have been where you are today.
April 30th 2018