{"id":10012,"date":"2023-04-04T15:37:27","date_gmt":"2023-04-04T15:37:27","guid":{"rendered":"https:\/\/presspay.ng\/news\/?p=10012"},"modified":"2023-04-04T15:38:02","modified_gmt":"2023-04-04T15:38:02","slug":"africa-impact-challenge-2023-for-early-stage-african-entrepreneurs","status":"publish","type":"post","link":"https:\/\/presspay.ng\/news\/africa-impact-challenge-2023-for-early-stage-african-entrepreneurs\/","title":{"rendered":"Africa Impact Challenge 2023 for Early-stage African Entrepreneurs"},"content":{"rendered":"\n

Inspired by The Prosperity Paradox<\/a>, it will be run in different African countries every year. Since launching, the challenge has trained over 500 early-stage African entrepreneurs and funded over 80 of them. We\u2019ve been in Ghana (2020), Kenya (2021) and Rwanda (2022). Last year we also introduced a pan-African health entrepreneurship stream, which will run concurrently every year as we continue to expand.<\/p>\n\n\n\n

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This year we are in South Africa. Top performing teams will receive up to $25,000 in either grant funding or a simple agreement for future equity (SAFE) investment. They will also travel to Toronto for 3 months next summer, with all costs covered, to learn and expand their entrepreneurship network. Registration for the 2023 challenge<\/strong> closes on April 15th<\/strong>.<\/p>\n\n\n\n

Our target is to successfully kick-start innovations aligned with our selection criteria across the continent. We do this by providing the capital, resources and guidance necessary for early founders to (re)start from scratch, and build viable solutions in the market.<\/p>\n\n\n\n

APPLY HERE<\/a><\/p>\n\n\n\n


Helping Africa\u2019s brightest minds go from idea to MVP to market<\/h1>\n\n\n\n
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The goal of the African Impact Challenge is to build the Africa we want to see, by investing in our continent\u2019s early innovators. We\u2019 enable them to build market-creating innovations, which tackle their country\u2019s biggest challenges with technology<\/p>\n<\/blockquote>\n\n\n\n

Inspired by The Prosperity Paradox<\/a>, it will be run in different African countries every year. Since launching, the challenge has trained over 500 early-stage African entrepreneurs and funded over 80 of them. We\u2019ve been in Ghana (2020), Kenya (2021) and Rwanda (2022). Last year we also introduced a pan-African health entrepreneurship stream, which will run concurrently every year as we continue to expand.<\/p>\n\n\n\n

This year we are in South Africa. Top performing teams will receive up to $25,000 in either grant funding or a simple agreement for future equity (SAFE) investment. They will also travel to Toronto for 3 months next summer, with all costs covered, to learn and expand their entrepreneurship network. Registration for the 2023 challenge<\/strong> closes on April 15th<\/strong>.<\/p>\n\n\n\n

Our target is to successfully kick-start innovations aligned with our selection criteria across the continent. We do this by providing the capital, resources and guidance necessary for early founders to (re)start from scratch, and build viable solutions in the market.<\/p>\n\n\n\n

APPLY HERE<\/a><\/p>\n\n\n\n

FAQS<\/a><\/p>\n\n\n\n

WHAT YOU CAN EXPECT<\/h2>\n\n\n\n

Capacity Building<\/p>\n\n\n\n

Incubation<\/p>\n\n\n\n

MVP Capital<\/p>\n\n\n\n

Mentorship<\/p>\n\n\n\n

Market Penetration<\/p>\n\n\n\n

ELIGIBILITY<\/h3>\n\n\n\n