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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Africa»African social entrepreneurs invited to apply for FINCA Ventures Prize
    FINCA Ventures

    African social entrepreneurs invited to apply for FINCA Ventures Prize

    1
    By Tapiwa Matthew Mutisi on December 18, 2023 Africa, Competition, Entrepreneurship, Funding, Grants, News, Social Entrepreneurship, Startups

    African social entrepreneurs are invited to apply for the FINCA Ventures Prize, which offers grants up to US$70,000 for solutions aiming to alleviate global poverty.

    FINCA International, a non-profit microfinance organization combating poverty for over 40 years, operates FINCA Ventures. This impact investing arm supports early-stage companies in agriculture, financial inclusion, health, and education in Sub-Saharan Africa and Latin America.

    The FINCA Ventures Prize welcomes applications from social entrepreneurs who bring innovative visions, disruptive business models, or new products or technologies that can have a positive impact on the poor and low income people in developing markets.

    The competition will conclude with an event in Washington DC in March 2024, where finalists will give in-person pitch presentations to a panel of judges. They will celebrate the top winners in the environment and health categories. The finalists will receive grant funding of up to US$70,000 to further develop their social enterprises.

    Early-stage social entrepreneurs, especially those operating in sub-Saharan Africa face significant challenges in raising capital to grow their businesses, which keeps poor and low-income people from accessing high-quality goods and services that can improve their lives.

    With support from our generous sponsor, we are excited to fund young entrepreneurs to solve pressing global health and environmental issues that we hear from FINCA customers every day.

    Omer Imtiazuddin, FINCA Ventures Managing Director

    Applications are open here.

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    Africa Business Competitions FINCA International FINCA Ventures FINCA Ventures Prize Funding Investments Social Entrepreneurship Startups Technology
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    Tapiwa Matthew Mutisi
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    Tapiwa Matthew Mutisi has been covering blockchain technology, intelligent technologies, cryptocurrency, cybersecurity, telecommunications technology, sustainability, autonomous vehicles, and other topics for Innovation Village since 2017. In the years since, he has published over 4,000 articles — a mix of breaking news, reviews, helpful how-tos, industry analysis, and more. | Open DM on Twitter @TapiwaMutisi

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    1. Pingback: 12 African entrepreneurs win a total of US$400,000 in grants from the FINCA Ventures Prize Competition - Innovation Village | Technology, Product Reviews, Business

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