Anzisha Prize Venture Building Fellowship 2025: FAQs for Young African Entrepreneurs
Young African Entrepreneurs, It’s time to level up!
Applications for the Anzisha Prize is opened!
Q: What is the Anzisha Prize Venture Building Fellowship?
A: The Anzisha Prize is Africa's biggest award for young entrepreneurs between 15 and 22 years old. It offers a multi-year fellowship program that provides business support, mentorship, and a chance to win prize money totaling over USD $140,000.
Q: Who is eligible to apply?
A: To be eligible, you must:
- Be between 15 and 22 years old.
- Be a citizen of an African country with a business based in Africa serving African customers.
- Have a valid ID document (passport or birth certificate).
- Be a founder or co-founder of your business venture.
Q: What types of businesses can apply?
A: There are no restrictions! Any kind of venture is welcome, including businesses in science & technology, civil society, arts & culture, sports, and more.
Q: What are the benefits of the fellowship program?
A: The fellowship program offers a variety of benefits to help you grow your business, including:
- Cash stipends: Provided at different intervals throughout the program, contingent on meeting agreed-upon milestones.
- Entrepreneur Shadow Program: Learn from an established business in your region.
- Service Provider Program: Access a skilled professional to help with a specific technical need.
- Educational Courses: Develop your leadership and business skills through short courses.
Q: What are the prizes?
A: At the end of the second year, fellows pitch their businesses for a chance to win a share of $50,000 in prizes. Categories include:
- Job Creation Prize
- Revenue Growth Prize
- Storytelling Prize
- Integrating Systems and Processes Prize
Q: How do I apply?
A: Head over to the Anzisha Prize website (https://anzishaprize.org/apply/) and make sure you have the following documents ready:
- Valid ID (ID document, passport, birth certificate)
- Company registration documents (if applicable)
- Logos for your venture/project
- Pictures of your project
- Photo of yourself and your team
Q: When is the application deadline?
- November 8th,2024
Don't miss this incredible opportunity to grow your business and become a leading young entrepreneur in Africa!
