Who: Africa Leadership Academy & The MasterCard Foundation
What: Anzisha Prize
When: 2016
2016 Anzisha Prize for top young African entrepreneurs is open for applications.
The fifth edition of Anzisha Prize is now receiving applications. The Prize is open to young African entrepreneurs aged 22 and below.
Hosted by the African Leadership Academy (ALA) and in partnership with The MasterCard Foundation, Anzisha Prize rewards initiative and innovation. These are selected according to a five-bullet criteria.
The judging for 2016 has been refined to better represent Africa’s top young entrepreneurial talent.
Here are the selection criteria:
- Relevance: Has the young entrepreneur identified a clear business opportunity or social need in Africa?
- Effectiveness: Does the venture created by the young entrepreneur effectively respond to this relevant need or opportunity?
- Jobs Impact: Has the venture created any jobs to date and does it have the potential to create more jobs with support from Anzisha?
- Scalability: If the venture is a for-profit business, does it already earn revenues and does it have potential increase revenues with the support of Anzisha? If the venture is a not-for-profit enterprise, does it already reach beneficiaries and does it have the potential to reach many more beneficiaries with support from Anzisha?
- Leadership Potential: Does the young entrepreneur have clearly demonstrated leadership potential and an ability to inspire others? Can this potential be accelerated by being part of the African Leadership Academy community?
Any African aged 22 years and below with an active project, social venture or for-profit business based in Africa is called to apply
Eligibility
- You must be between 15 and 22 years old with an ID document or Passport to present as evidence. Anyone born before April 16, 1994 or after April 16, 2001 will not be considered.
- You must be a national of an African country with a business based in Africa for African customers/ beneficiaries.
- Your business must be up and running. The Anzisha Prize is not for great ideas or business plans – you must have already started, and be able to prove it! You have time to get started now and have tangible results to share before applications open.
- Your business, invention or social project can be in any field or industry (science and technology, civil society, arts and culture, sports, etc.). Any kind of venture is welcome to apply.
- Individuals who apply must be one of the founding members of a business (for example, 2 or 3 co-founders who started a business together). One person can apply for the Prize, on behalf of the team.
Deadline for applications is on 15 April, 2016.
Apply Now! For more information visit Anzisha Prize official website.