Read more about Opportunities
Young entrepreneurs between the ages of 18 and 35 who run an MSME and are interested in developing solutions to aid adaptation to climate change in Africa are encouraged to apply for the competition. Winning businesses will be provided with up to $100,000 in business grants, plus support to help them implement and scale their business plan. The YouthAdapt Challenge is organized in accordance with the ‘Empowering Youths with Jobs and Entrepreneurship’ aspect of the Africa Adaptation Acceleration Program, an initiative of the AfDB and the Global Center for Adaptation.
Benefits
Winning businesses will benefit in the following ways:- Receive up to $100,000 in business grants
- Get the chance to participate in a 12-month accelerator program to enable them to scale their business
- Access mentorship and a valuable, inter-regional network of partners
- Engage with other young entrepreneurs working on climate adaptation projects
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Eligibility
Enterprises intending to apply for the challenge should meet these conditions to qualify for consideration:- Must be led by young people aged between 18 and 35 years
- Registered and operating in Africa
- Providing climate resilience or adaptation solutions that address real-life challenges
- Should be able to provide evidence of revenues for the past two tears
The Path To Winning The Challenge
Applications for the YouthAdapt Challenge will remain open until Wednesday, October 6. Following the close of applications, entries will be examined, and twenty finalists will be selected. These businesses will be required to submit videos that will be reviewed by a jury panel. The finals and award ceremony will take place at COP26 in Glasgow, on November 8, 2021; the trip to the event will be fully funded. Ten winners will be selected and announced at the event, half of which will be women-led businesses. If you would like to apply for the AfDB YouthAdapt Challenge 2021, click here. Featured Image Source: Opportunities For AfricansGot a suggestion? Contact us: editor@connectnigeria.com