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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Competitions»$1 million available to win in the 2016 African Entrepreneurship Award
    African Entrepreneurship award

    $1 million available to win in the 2016 African Entrepreneurship Award

    0
    By Staff Writer on February 22, 2016 Competitions, News, Startups, Technology in Africa

    The Application window for the 2016 African Entrepreneurship Award is now open.

    The African Entrepreneurship Award provides funds and mentoring to deserving entrepreneurs who seek to create jobs and improve lives in their region. This is the second edition of the award and it is being sponsored by the BMCE Group Bank of Africa. The award was initiated by its President Othman Benjelloun, to show the bank’s ambition to foster entrepreneurship in Africa by rewarding talents and technology beyond borders.

    The Award receives funding allocation amounting to $1 million every year to reward the best African entrepreneurs in three categories: Education, environment and untapped domains in Africa.

    The process is a journey divided in four rounds. Click here to know about this.

    You, the entrepreneur, must meet the following criteria as you submit your business proposal:

    • You must be a citizen of an African country
    • You must be a minimum of 18 years old as of October 1, 2016
    • Your business must be applicable in an African country
    • Your business proposal must include a technological component (digital, machinery, computers, ICT, automated processes, field related technologies, etc.)
    • Your business must be for profit.
    • Your business must be relevant to one of these categories:
      • Education – positively impact education in Africa
      • Environment – positively impact the environment in Africa
      • Uncharted – a high-impact business venturing into unexplored territory or untested markets

    So if you are interested, you should  apply on or before April 6, 2016. You can get more information about the awards from the official website.

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    African Entrepreneurship Award Startups
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