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  If you are a young entrepreneur, here’s a chance for you to receive the funding and technical support you need to make an even greater impact than your business has currently managed to achieve.
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The Anzisha Prize, a fellowship program for Africa’s youngest entrepreneurs, is open for entry. For ten years, it has enabled participants from across Africa to identify and leverage opportunities to build their enterprises. The upcoming fellowship cohort will be no different. The fellowship will last for three years. Within this period, persons selected to be Anzisha Fellows will be observed and supported by the program’s organizers. They will receive stipends, short courses, and cloud services. They will also get to pitch their business for a chance to win a share of the $140,000 prize on offer. There will be four grand prizes: the Job Creation Prize, Revenue Growth Prize, Storytelling Prize, and Integrated Systems and Processing Prize.

Benefits

Fellows of the Anzisha Prize stand to benefit from the program in the following ways:
  • Job Creation Prize, given to the fellow who has created the most jobs since joining the fellowship.
  • Revenue Growth prize, awarded to the fellow who has recorded the most revenue since joining the fellowship.
  • Storytelling Prize, given to the fellow who has most clearly communicated their enterprise story across written, oral, and visual storytelling media.
  • Integration Systems and Processes Prize awarded to the fellow that has most effectively deployed systems and processes to drive their business model.
  • Receive bi-annual stipends on years one and three of the fellowship.
  • Access to internships, courses, and consultations with technical experts (in years two and three of the fellowship)
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Eligibility

Entrepreneurs who intend to apply for the Anzisha Prize should meet these conditions to be considered for its fellowship:
  • Must be between 15 and 22 years old; proof of this must come as an official ID document or passport.
  • Must be a citizen of an African country with a business serving Africans in any country on the continent.
  • Their business must already exist, be operational, and have customers.
  • Applicants must be founders of the startup; for example, two or three co-founders of a business.
Applications for the Anzisha Prize Fellowship will close on Tuesday, November 30. Between January and March 2022, the organizers of the fellowship will conduct phone interviews, assignments, and due diligence visits to shortlisted candidates. The top 26 applicants will be announced by April 2022 and will be inducted into the fellowship. If you would like to enter for the Anzisha Prize Fellowship Program 2022, click here. Featured Image Source: Opportunities For Africans
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This article was first published on 28th October 2021

ikenna-nwachukwu

Ikenna Nwachukwu holds a bachelor's degree in Economics from the University of Nigeria, Nsukka. He loves to look at the world through multiple lenses- economic, political, religious and philosophical- and to write about what he observes in a witty, yet reflective style.

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