Anzisha Price Competition In 2022 For Yong African Entrepreneurs(USD$140000 To Grow Your business) Apply Now

  • 20 October 2021 – Applications Open
  • 31 November 2021 – Applications Close
  • January – March 2022 – Phone Interviews, Assignments, and Due Diligence visits
  • April 2022 – Announcement of Top 26
  • August 2022 – Anzisha Prize Induction

Description

The Anzisha Prize is Africa’s biggest award for her youngest entrepreneurs aged 15 – 22 years, and hands out over USD $140,000 every year in business support and prize money to very young entrepreneurs from all over the continent

The Anzisha Program is a partnership between African Leadership Academy and Mastercard Foundation that seeks to fundamentally and significantly increase the number of job generative entrepreneurs in Africa. We believe that a key to doing so is to test, implement and then share models for identifying, training, and connecting high potential, very young entrepreneurs (15 to 22-year-olds) so that many more organizations have better collective success in creating a pipeline of entrepreneurs with the capabilities for scale.

Our movement is a layered approach to servicing very young entrepreneurs on the continent. We seek to use our various prizes, programs, resources, and the theory of change to catalyze not only the belief in very young entrepreneurs but the creation of an ecosystem (parents, educators, policymakers, and investors) that supports entrepreneurship as a viable career choice.

If you are a young African Entrepreneur trying to grow a small business or you’ve created something that provides you and your friends with an income, then we want your application. Become a role model and inspire other young entrepreneurs to believe in the difference they can make in Africa, with the right support. Africa’s future lies in your hands and we want to celebrate your potential to grow your country’s economy and create jobs.

Join Africa’s leading youth entrepreneurs to become Anzisha Prize Fellows.

The Anzisha Prize is a venture-building fellowship program that has successfully supported and championed very young entrepreneurs for over 10 years.

The fellowship is a three-year program that celebrates and rewards business growth.

During the course of the three years, the program will track the performance of the business and the entrepreneur. Businesses that show exemplary growth and initiative are rewarded with benefits and services such as short courses, cloud services and cash stipends.

At the end of the second year, entrepreneurs will pitch their businesses and successes for a chance to win their share of prizes to the value $140 000.

The Grand Prizes are split into 4 categories

  • The Job Creation Prize
  • Revenue Growth Prize
  • Storytelling Prize
  • Integrating Systems and Processes Prize
Eligibility criteria:
  1. You must be between 15 and 22 years old with an ID document or Passport to present as evidence. Anyone born before September 1, 1998, or after August 31, 2006, will not be considered.
  2. You must be a national of an African country with a business based in Africa for African customers/beneficiaries.
  3. The Anzisha Prize isn’t awarded for great ideas or business plans – you must have already started, and be able to prove it! Get started now and ensure you have tangible results to share before applications open.
  4. 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.
  5. Individuals who apply must be one of the founding members of a business (for example, 2 or 3 co-founders who started up the project together)

Judging Criteria:

o be selected as one of our Anzisha ventures, your business or project will be judged on the following 5 criteria:

  • Is your venture established with customers and beneficiaries and are you offering value to them?
  • Are you, the founder, leading and managing your venture?
  • Is your venture demonstrating some impact already?
  • Whether your venture is a for-profit business or cause-based, does it already earn revenues or already reach beneficiaries? Is there potential to increase revenues or beneficiary reach with support from Anzisha?
  • Has your venture created jobs and is there potential to create more high-quality jobs?

To be selected as one of our Anzisha Fellows, you must demonstrate two important qualities:

  1. You are the leader of your venture and you drive both venture strategy and operations.
  2. You spend at least 20 hours a week (or more) on your business and plan to continue to do so after selection.
Anzisha Prize:
  1. Bi-annual cash stipends to eligible fellows in Year 1 and Year 3 of the fellowship.
  2. Short-term educational opportunities, internships, and specialized technical expert consultations for eligible fellows in Year 2 and Year 3.
  3. Job Creation Prize – awarded to the entrepreneur in Year 2 who has created the most job opportunities since joining the fellowship.
  4. Revenue Growth Prize – awarded to the entrepreneur in Year 2 with the highest business revenue growth since joining the fellowship.
  5. Storytelling Prize – awarded to the entrepreneur in Year 2 who has creatively communicated and distributed their entrepreneurship story through written, oral and visual storytelling.
  6. Integration systems and processes Prize – awarded to the entrepreneur in Year 2 who has effectively used systems and processes to advance their business model.

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