Anzisha Prize Venture Building Fellowship 2025: FAQs for Young African Entrepreneurs

Olamidayo Abolarin -


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!